$1,250,000 | N/A beds | N/A full baths | N/A half baths | 4,319 sqft

$1,250,000 No Recent Price Change
4234 Western Drive
Cottonwood, AZ 86326
  • N/ABeds
  • 0.00Total Baths
  • 4,319SqFt
  • 1983Year Built
  • 0.23Acres
  • 42 yearsEst Age
  • MLS# 537961
  • Multifamily
  • Commercial
  • Active

  • Approx Time on Market1 month, 14 days
  • AreaVerde Village
  • CountyYavapai
  • Subdivision Verde Village Unit 2

Overview

A fantastic turnkey investment property offering positive cash flow, low maintenance, and exciting potential for future revenue growth. Current cap rate is 7.42% with additional value add opportunities to further increase Cap rate and cash flow. This property has gone through major renovations in 2023 and 2024 including brand new roof, flooring, all ACs and water heaters. See all details in the attached Offering Memorandum in the document section of the listing. Owner is also open to continue managing the property to make it a complete passive investment for buyers.Do not disturb tenants, showing by appointment only.Owner-agent disclosure: The selling agent is also the property owner.



Building Info

Year Built:  1,983

Construction:  Frame - Wood

Floors:  Tile, Vinyl Plank

Internal Amenities:  Ceiling Fan, Dishwasher, Fire/Smoke Alarm, Laundry Room, Microwave, Refrigerator

Roof Materials:  Foam, Rolled/Hot Mop

Type Building:  5 or More Units, Office, Retail

Financial

Asking Price Text:  $1,250,000

Lot Info

Acres:  0

Road Access Type:  City, Paved

Misc Info

Commercial Amenities:  None

External Amenities:  Landscape

Parking Info

Parking:  Off Street

Property Info

Class Type:  Commercial

County:  Yavapai

Business Type:  NA

Road Maintenance:  City Maintained

Sale / Lease Info

Special Conditions:  N/A

SqFt Info

Sqft:  4,319

Utilities / HVAC

Cooling:  Ceiling Fan(s), Heat Pump, Other, Refrigeration/Centrl

Heating:  Baseboard, Heat Pump

Utilities Available:  City Water, Electricity, Septic

Water Heater:  Electric

Courtesy of Fathom Realty Az Llc 

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On remax-sedona-az.com since Thu, Jan 2nd 2025
No Property History recorded for this listing.

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