$3,000,000
Cottonwood, AZ 86326
MLS# 6437904
Status: Closed
24 beds | 144 baths
1 / 5
Property Description
12 units - all 2/1's. Current rents are $900 a month, below market rents which are $1,250-$1,350. MTM Tenants. Owner pays trash and water. 3.77%. All facts and figures are approximate buyer verify MLS information. Drive by only. Seller would entertain a seller carry. 50% down.
Details
Contract Info
Current Price: $3,000,000
Sold Price: $3,000,000
Status: Closed
List Date: 2022-07-21
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: C82
House Number: 4224
Compass: E
Street Name: CANYON
St Suffix: Trail
City/Town Code: Cottonwood
State/Province: AZ
Zip Code: 86326
Zip4: 5934
Country: US
County Code: Yavapai
Subdivision: VERDE VILLAGE UNIT 2
Assessor Number: 406-46-253-A
Tax Year: 2021
General Property Description
Lot Size Dimensions: 33,106ft
Year Built: 1986
Uncvrd Parking Spcs: 15
Total # of Units: 12
# of Buildings: 2
Zoning: multifamily
Flood Zone: TBD
Legal Info
Township: 15N
Range: 03E
Section: 13
Lot Number: 459
2 Bedroom Units
# 2 Bedroom Units: 12
Avg Rent: 900
Avg SqFt: 800
# Baths: 12
Structure
Bedrooms Total: 24
Bathrooms Total: 144
Sold Info
Loan Type: Carryback
Loan Years: 3
Payment Type: Interest Only
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Remarks Misc
Geo Lat: 34.690389
Geo Lon: -111.980591
Status Change Info
Off Market Date: 2023-08-14
Under Contract Date: 2023-05-04
Close of Escrow Date: 2023-08-14
Sold Price: $3,000,000
Income Expenses
Gross Annual Sch Inc: 128700
Net Operating Income: 120600
Property Features
Project Type: 5 - 12 Units
Construction: Wood Frame
Const - Finish: Stucco; Siding
Roofing: Metal
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave
Cooling: Electric; Other
Water Source: City Franchise
Sewer: Sewer - Public
Electric: Other (See Remarks)
Gas: None
Parking Features: On Street
Road Surface Type: Gravel; Asphalt
Owner Pays: Water
Tenant Pays: Electricity
Source of Fincl Data: Owner
Lockbox Type: None
New Financing: Conventional; Owner May Carry; 1031 Exchange
Environmental: None
Listing Office: W and Partners, LLC
Office Phone: 602-828-5767
Office Email: [email protected]
Last Updated: December - 11 - 2024
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