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For more information on this property, contact Michael Bohlman at 480-797-3800 or mbohlman@outlook.com

866 N STATE ROUTE 89
Chino Valley, Arizona AZ 86323-5912
Sold For: $598,985
Listing ID 6287097
Status Closed
Year Built 1986

Property Description:

Owner Financing 60% Down 7%, 30yr, 15yr Pay Off; Great Income property opportunity. With 5 units currently rented plus the owner's home with a possible short term lease back arrangement.. Approximately1.97 acres with potential to expand units. Complete Horse Set UP included with various Corrals & out buildings, shop, storage, detached garage/Tack Bldg. Private well. 3 onsite septic systems.

Primary Features

County: Yavapai
Property Type: Multiple Dwellings
Year Built: 1986
Zoning: CL/AR5

Interior

1 Bedroom Units # Baths: 1
1 Bedroom Units Avg SqFt: 650
2 Bedroom Units # Baths: 2
2 Bedroom Units Avg SqFt: 2000
3 Bedrooms Units # Baths: 2
3 Bedrooms Units Avg SqFt: 1200
4 Bedrooms Units Avg SqFt: 1120
Cooling: Central A/C, Ceiling Fan(s)
Cooling: yes
Efficiency Units # Baths: 1
Efficiency Units # Efficiency Units: 1
Efficiency Units Avg SqFt: 600
Heating: Electric, Natural Gas
Heating: yes

Location

Community Features: No Pool
Country: US
Directions: Chino Valley Highway 89 to property on West side. South of Road 2 North and North of Rd 1 North
Elementary School: Out of Maricopa Cnty
Elementary School District: Out of Area
General Property Description Elementary School: Out of Maricopa Cnty
General Property Description Elementary School District2: Out of Area
General Property Description High School: Out of Maricopa Cnty
General Property Description High School District: Out of Area
General Property Description Jr High School: Out of Maricopa Cnty
General Property Description Out of Area Schl Dst: #51
High School: Out of Maricopa Cnty
High School District: Out of Area
Middle Or Junior School: Out of Maricopa Cnty
Postal City: Chino Valley
Township: 16N
Water Source: Domestic Well

External

Construction Materials: Painted, Frame - Wood
Covered Spaces: 2
Electric: APS
Garage: yes
General Property Description # of Buildings: 9
General Property Description Lot Size Dimensions: 662 X 132
General Property Description Total # of Units: 6
General Property Description Uncvrd Parking Spcs: 12
Lot Size Dimensions: 662 X 132
Number Of Buildings: 9
Number Of Units Total: 6
Open Parking Spaces: 12
Parking Features: Other (See Remarks)
Parking Garage: 1
Parking Total: 14
Road Surface Type: Asphalt
Roof: See Remarks, Composition
Sewer: Septic in & Cnctd, Septic Tank

Additional

Buyer Agency Compensation: 2.50
Mls Status: Closed
Public Survey Range: 02W
Public Survey Section: 22

Financial

1 Bedroom Units Avg Rent: 700
2 Bedroom Units Avg Rent: 2000
3 Bedrooms Units Avg Rent: 1375
4 Bedrooms Units Avg Rent: 925
Disclosures: None
Efficiency Units Avg Rent: 669.5
Gross Income: 74100
Gross Scheduled Income: 74100
Listing Terms: Other (See Remarks), Conventional, 1031 Exchange, Owner May Carry
Operating Expense: 4571
Owner Pays: Trash Collection, Water
Tax Annual Amount: 4571
Tax Book Number: 306.00
Tax Lot: out lot
Tax Year: 2020
Tenant Pays: Gas, Electricity

Zoning Info


Contact - Listing ID 6287097

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Michael Bohlman

2425 S. Stearman Dr. Suite 120
Chandler, AZ 85286
Phone: 480-797-3800

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