860 W Road 1 South, Chino Valley, AZ 86323

$6,995,000
Property Type: Commercial/Indstrial Square Footage: 36,210 Lot Size (sq. ft.): 209,959 Status: Active
Current Price: $6,995,000 List Date: 1/13/2026 Last Modified: 1/13/2026

Description

Whispering Winds is a multi-family mixed use property in the middle of town. It has excellent property management and is 100% occupied. The property consists of 2 commercial buildings w/ 3 office spaces each. Attached to the backside of the office spaces are 9 storage units with internal doors and also exterior rollup doors, and finished with sheetrock and lighting. Gated residential area has 6 duplexes w/ attached one car garages, back patios and fence yards; 3 triplexes, 1 br/1 bath, w/ storage rm, back patios and fenced yards. All built in 2004 w/ new roofs in 2018. There are also, 3 fourplexes, each built in 2018 w/ upgraded interiors. Lg common laundry rm for complex. Each unit is separately metered for water & gas. Property has its own private water company and is on town sewer. Actual cap rate of 5.98% can easily be increased to 6.34% by increasing below market rental leases expiring 2/28/26 to market rental rates. Seller Carryback possible with 50% down payment.

More Information MLS# 1078695

Contract/Address/Legal

List Price/SqFt: 193 Neighborhood: N/A Comm Type: Multi-Family REO/Short Sale: Not Applicable Zoning: CL Assessor's Book #: 306 Assessor's Map #: 29 Assessor's Parcel #: 26 Assessor Parcel Ltr: x Legal: A RECT PCL LYNG IN THE SW4NW4 SEC 27 WITH THE SW COR LYNG APPROX 340' E & 25' N OF THE W4 COR SEC 27-16-2W CONT 4.82AC 3042/465

General Property Description

Aprx Acres: 4.82 Buildings: 14 Source of Measuremnt: County Assessor Stories: 1 Parking Spaces: 83 Management: Owner Vac Rate %: 3 CAM $: 0 GRM: 0 CC & R: No CC & R Fees: 36366 Solar Y/N: No Total Liveable SqFt: 36210 Year Built: 2004 NOI $: 429132 Cap %: 6.13 Baths - Full: 48

Tax Info

Taxes: 38484 Tax Year: 2025

Remarks & Misc

Directions: State Route 89 heading N, turn west (L) at Road 1 South. Approx 0.5 mile, property is on the right. Name of complex is Whispering Winds. Remarks: Whispering Winds is a multi-family mixed use property in the middle of town. It has excellent property management and is 100% occupied. The property consists of 2 commercial buildings w/ 3 office spaces each. Attached to the backside of the office spaces are 9 storage units with internal doors and also exterior rollup doors, and finished with sheetrock and lighting. Gated residential area has 6 duplexes w/ attached one car garages, back patios and fence yards; 3 triplexes, 1 br/1 bath, w/ storage rm, back patios and fenced yards. All built in 2004 w/ new roofs in 2018. There are also, 3 fourplexes, each built in 2018 w/ upgraded interiors. Lg common laundry rm for complex. Each unit is separately metered for water & gas. Property has its own private water company and is on town sewer. Actual cap rate of 5.98% can easily be increased to 6.34% by increasing below market rental leases expiring 2/28/26 to market rental rates. Seller Carryback possible with 50% down payment.

Building Type

5+ Units: 1 Mini/Self Storage: 1 Office - Building: 1 Other - See Remarks: 1

Construction

Frame - Wood: 1 Stucco: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Gas Pack: 1

External Amenities

Drip System: 1 Fence: 1 Landscaped: 1 Paved Parking: 1 Security Lights: 1

Flooring

Carpet: 1 Laminate: 1 Tile: 1 Vinyl: 1

Heating

Natural Gas: 1

Records Available

Site Plan: 1 Survey: 1

Road Responsibility

City Maintained Road: 1 Paved: 1 Private Maintained Road: 1

Roof

Asphalt Shingle: 1

Bathrooms

Interior: 1

Business Location

Freestanding Bldg: 1 Office/Professional: 1 Other - See Remarks: 1

Terms & Conditions

1031 Exchange: 1 Conventional: 1 Submit: 1 Other - See Remarks: 1

Commercial Amenities

Ceiling Ht. Under 12: 1 Roll-Up Door(s): 1 Other - See Remarks: 1

Utilities Installed

220: 1 Electricity: 1 Individual Meter: 1 Natural Gas: 1 Underground: 1 Water - Private Well: 1 Water Storage Tank: 1 WWT - City Sewer: 1

Internal Amenities

Bathroom: 1 Ceiling Fan(s): 1 Fire/Smoke Detector: 1 Kitchen: 1 Security/Alarm: 1

Parking

On-Site: 1 Storage: 1 Other - See Remarks: 1

Pets/Animals

Domestic: 1

ContractAddressLegal

Original List Price: 6995000 Listing Date: 2026-01-12 Status: Active Listing Price: 6995000 Street #: 860 Direction: W Street Name: Road 1 South City/Township: Chino Valley State: AZ Zip Code: 86323 Subdivision: None County: Yavapai Tax Parcel: 306-29-026x

Property Features

Bathrooms: Interior Building Type: 5+ Units; Mini/Self Storage; Office - Building; Other - See Remarks Business Location: Freestanding Bldg; Office/Professional; Other - See Remarks Commercial Amenities: Roll-Up Door(s); Ceiling Ht. Under 12; Other - See Remarks Construction: Frame - Wood; Stucco Cooling: Ceiling Fan(s); Central Air; Gas Pack External Amenities: Drip System; Fence; Landscaped; Paved Parking; Security Lights Flooring: Carpet; Laminate; Tile; Vinyl Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Ceiling Fan(s); Fire/Smoke Detector; Kitchen; Security/Alarm Parking: On-Site; Storage; Other - See Remarks Records Available: Site Plan; Survey Road Responsibility: City Maintained Road; Paved; Private Maintained Road Roof: Asphalt Shingle Utilities Installed: 220; Electricity; Individual Meter; Natural Gas; Underground; Water - Private Well; Water Storage Tank; WWT - City Sewer
Listing Office: Realty ONE Group Mountain Desert
Last Updated: January - 13 - 2026
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