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