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

4224 E CANYON Trail
Cottonwood, Arizona AZ 86326-5934
Sold For: $3,000,000
Listing ID 6437904
Status Closed
Year Built 1986

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.

Primary Features

County: Yavapai
Property Type: Multiple Dwellings
Subdivision: VERDE VILLAGE UNIT 2
Year Built: 1986
Zoning: multifamily

Interior

2 Bedroom Units # Baths: 12
2 Bedroom Units Avg SqFt: 800
Cooling: Electric
Cooling: yes
Heating: Electric
Heating: yes

Location

Community Features: No Pool
Country: US
Elementary School District: Out of Area
General Property Description Elementary School District2: Out of Area
General Property Description High School District: Out of Area
High School District: Out of Area
Postal City: Cottonwood
Township: 15N
Water Source: City Franchise

External

Attached Garage: no
Construction Materials: Siding, Stucco, Frame - Wood
Electric: Other (See Remarks)
General Property Description # of Buildings: 2
General Property Description Flood Zone: TBD
General Property Description Lot Size Dimensions: 33,106ft
General Property Description Total # of Units: 12
General Property Description Uncvrd Parking Spcs: 15
Lot Size Dimensions: 33,106ft
Number Of Buildings: 2
Number Of Units Total: 12
Open Parking Spaces: 15
Parking Features: Street Parking
Parking Total: 15
Road Surface Type: Gravel, Asphalt
Roof: Metal
Sewer: Public Sewer

Additional

Mls Status: Closed
Public Survey Range: 03E
Public Survey Section: 13

Financial

2 Bedroom Units Avg Rent: 900
Cap Rate: 4.02
Disclosures: None
Gross Income: 133800
Gross Scheduled Income: 128700
Listing Terms: Conventional, 1031 Exchange, Owner May Carry
Net Operating Income: 120600
Operating Expense: 13225
Owner Pays: Water, Sewer
Tax Annual Amount: 4200
Tax Book Number: 406.00
Tax Lot: 459
Tax Year: 2021
Tenant Pays: Electricity
Water Sewer Expense: 9000

Zoning Info


Contact - Listing ID 6437904

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Michael Bohlman

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

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