860 W Road 1 South, Chino Valley, AZ 86323
$6,995,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$6,995,000
Last Modified:
9/03/2025
Description
Whispering Winds is a multi-family mixed use property in the middle of town. It has excellent property management and is 100% occupied. The property consists of 2 commercial buildings w/ 3 office spaces each. Attached to the backside of the office spaces are 9 storage units with internal doors and also exterior rollup doors, and finished with sheetrock and lighting. Gated residential area has 6 duplexes w/ attached one car garages, back patios and fence yards; 3 triplexes, 1 br/1 bath, w/ storage rm, back patios and fenced yards. All built in 2004 w/ new roofs in 2018. There are also, 3 fourplexes, each built in 2018 w/ upgraded interiors. Lg common laundry rm for complex. Each unit is separately metered for water & gas. Property has its own private water company and is on town sewer.
More Information MLS# 6860736
Contract Info
Ownership: Fee Simple
Current Price: $6,995,000
List Price: $6,995,000
Status: Active
List Date: 2025-04-30
Location, Tax & Legal
Assessor's Map #: 29
Assessor's Parcel #: 26
Assessor Parcel Ltr: X
Add'l Parcels: No
Tax Municipality: Yavapai - COUNTY
Taxes: 36850
Legal: A RECT PCL LYNG IN THE SW4NW4 SEC 27 WITH THE SW COR LYNG APPROX 340'E & 25' N OF THE W4 COR SEC 27-16-2W CONT 4.82AC 3
Marketing Name: Whispering Winds
House Number: 860
Compass: W
Street Name: Road 1 South
St Suffix: --
City/Town Code: Chino Valley
State/Province: AZ
Zip Code: 86323
County Code: Yavapai
Assessor Number: 306-29-026-X
Tax Year: 2024
General Property Description
# of Buildings: 14
Uncvrd Parking Spcs: 78
Lot Size Dimensions: 340' x 618'
Total # of Units: 48
Year Built: 2004
Zoning: CL
Project Type
Duplex: 1
Tri-Plex: 1
Four Plex: 1
51 - 99 Units: 1
Other (See Remarks): 1
Other Type
Other (See Remarks): 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Carpet: 1
Other: 1
Sale Includes
Building(s) Only: 1
Land & Building: 1
Laundry Equipment: 1
Other (See Remarks): 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Other Expense: 98305
Operating Exp: 135155
Other Income: 0
Vacancy Allowance: 0.02
Adjusted Gross Inc: 611049.6
Pmt & Rate Info
Cap Rate: 6.8
Equity: 6995000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
Other: 1
Heating
Natural Gas: 1
Individual: 1
Cooling
Central Air: 1
Individual: 1
Exterior Amenities
Landscape Wtr System: 1
Partially Fenced: 1
Patio/Balcony: 1
Pet Restrictions: 1
Separate Storage: 1
Security Light(s): 1
Other (See Remarks): 1
Interior Amenities
Fire/Smoke Alarm(s): 1
Vertical Blinds: 1
Tenant Pays
Gas: 1
Electricity: 1
Cable TV: 1
Appliances Included
Free-Standing Gas Oven: 1
Refrigerator: 1
Dishwasher: 1
Washer/Dryer: 1
Roads/Streets
Private Street: 1
Concrete: 1
Source of Fincl Data
Owner: 1
Water Source
Private: 1
Domestic Well: 1
See Remarks: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1
>1 Space Per Unit: 1
Attached: 1
Paved: 1
Add'l Parking Avail: 1
Electric
APS: 1
Individual Meter: 1
Gas
SW Gas: 1
Individual Meter: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
Cash: 1
Conventional: 1
1031 Exchange: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Water Well Report: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 9
Avg Rent: 1010
Avg SqFt: 624
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 24
Avg Rent: 1550
Avg SqFt: 1000
# Baths: 2
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Hwy 89 & Road 1 South
Directions: State Route 89 heading N into the town of Chino Valley, turn west (L) at Road 1 South. Approx 0.5 mile, property is on the right. Name of complex is Whispering Winds.
Geo Lat: 34.739197
Geo Lon: -112.463904
Legal Info
Lot Number: 30629026X
Income Expenses
Gross Annual Sch Inc: 623520
Net Operating Income: 475895
Property Features
Project Type: Duplex; Tri-Plex; Four Plex; 51 - 99 Units; Other (See Remarks)
Other Type: Other (See Remarks)
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Composition
Floors: Vinyl; Carpet; Other
Sale Includes: Building(s) Only; Land & Building; Laundry Equipment; Other (See Remarks)
Community Features: Other
Exterior Amenities: Landscape Wtr System; Partially Fenced; Patio/Balcony; Pet Restrictions; Separate Storage; Security Light(s); Other (See Remarks)
Interior Amenities: Fire/Smoke Alarm(s); Vertical Blinds
Appliances Included: Free-Standing Gas Oven; Refrigerator; Dishwasher; Washer/Dryer
Heating: Natural Gas; Individual
Cooling: Individual; Central Air
Water Source: Private; Domestic Well; See Remarks
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: SW Gas; Individual Meter
Parking Features: Garage; >1 Space Per Unit; Attached; Add'l Parking Avail; Paved
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
New Financing: Cash; Conventional; 1031 Exchange
Environmental: None
Listing Office: RealtyONEGroup Mountain Desert
Last Updated: September - 03 - 2025
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