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2460 S High View Circle

Cottonwood, AZ 86326
  • $799,000
  • STATUS: Active
  • ON SITE: 100 Days
  • MLS #: 6419982
UPDATED: 15 min ago
$799,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1987
County:
Area:

School Ratings & Info

School District:

Description

Jumbo 4plex in booming Cottonwood. Built in 1987. 3 BR/1.5 BA lower units;3 BR/2BA upper units. 1063 sf/unit. Generous 10,853 SF. All units have a garage + carport for 2 units. Courtyard. Great views of mountains. Rents are currently $1,074/$1,275/$1,035/$1,195 (Very low!) $4579 gross or $54,948/year projected. All leases are month-to-month or expire soon. ALL NEW STUCCO EXTERIOR & REPAINT at a cost of $42,000+. Value-add. Cottonwood rental demand is off the charts! Only $199/sf in one of the hottest rental markets in AZ! Compare this to the much higher prices/sf in the Valley! Rents should be much higher, especially with some cosmetic upgrades. Just 30 minutes to Sedona or Prescott! Corner lot. Buyer to complete/rely on own due diligence.

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Arizona Regional MLS logo© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2022-09-27T11:17:58.533.
www.yournextphoenixhome.com/homes/130018650
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2460 S High View Circle Cottonwood, AZ 86326

  • Price: $799,000
  • Status: Active
  • On Site: 100 Days
  • Updated: 15 min ago
  • MLS #: 6419982
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1987
Built
Neighborhood:
Verde Village Unit 2
County:
Yavapai
Area:
Cottonwood
School District:
000 - Out of Area
Property Description
Jumbo 4plex in booming Cottonwood. Built in 1987. 3 BR/1.5 BA lower units;3 BR/2BA upper units. 1063 sf/unit. Generous 10,853 SF. All units have a garage + carport for 2 units. Courtyard. Great views of mountains. Rents are currently $1,074/$1,275/$1,035/$1,195 (Very low!) $4579 gross or $54,948/year projected. All leases are month-to-month or expire soon. ALL NEW STUCCO EXTERIOR & REPAINT at a cost of $42,000+. Value-add. Cottonwood rental demand is off the charts! Only $199/sf in one of the hottest rental markets in AZ! Compare this to the much higher prices/sf in the Valley! Rents should be much higher, especially with some cosmetic upgrades. Just 30 minutes to Sedona or Prescott! Corner lot. Buyer to complete/rely on own due diligence.
Exterior Features

Construction Frame - Wood Construction Finish Stucco Covered Parking Spaces 6.00 Exterior Amenities Desert LandscapingOther (See Remarks)Patio/BalconySeparate Storage Lot Size Dimensions 10854 Parking >1 Space Per UnitAttachedCarportGarageOther (See Remarks) Roads Gravel Roofing Comp Shingle

Interior Features

1 Bedroom Unit Avg Sq Ft 0 1 Bedroom Unit Baths 0 2 Bedroom Unit Avg Sq Ft 0 2 Bedroom Units Baths 0 3 Bedroom Unit Avg Sq Ft 1063 3 Bedroom Unit Baths 2 4 Bedroom Unit Avg Sq Ft 0 4 Bedroom Unit Baths 0 Appliances Included Other (See Remarks) Cooling Evaporative CoolingOtherWindow/Wall Unit Efficiency Unit Avg Sq Ft 0 Efficiency Unit Baths 0 Floors Ceramic TileOtherWood Heating OtherSee Remarks Interior Amenities Fire/Smoke Alarm(S)Other (See Remarks)Unfurnished

Property Features

1 Bedroom Unit Avg Rent 0.00 1 Bedroom Units 0 2 Bedroom Unit Avg Rent 0.00 2 Bedroom Units 0 3 Bedroom Unit Avg Rent 1145.00 3 Bedroom Units 4 4 Bedroom Unit Avg Rent 0.00 4 Bedroom Units 0 Adjusted Gross Inc 52770.60 Annual Other Expense 12770.00 Annual Ownr Asoc Fee 0.00 Community Amenities Other Cross Street Western Off 260 Efficiency Unit Avg Rent 0.00 Efficiency Units 0 Electric Other (See Remarks) Gas Other (See Remarks) Gross Annual Sch Inc 54948.00 Hoa YN No Net Operating Income 40000.00 New Financing ConventionalOther (See Remarks) Operating Exp 14939.00 Other Income 600.00 Owner Pays LandscapingSewerTrash CollectionWater Project Type Four Plex Sale Includes Personal Property Sewer Sewer - Public Source Of Financial Data Other (See Remarks)Projected ProformaProvided By Owner Tax Municipality Yavapai - County Taxes 2169.00 Tenant Pays Cable TvElectricGas Vacancy Allowance 0.05 Water City Franchise Zoning Multi-Family

Arizona Regional MLS logo Listing provided by Better Homes & Gardens Real Estate Sj Fowler: [IDXCONTACTINFORMATION] .


Arizona Regional MLS logo© 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Elite Home Advisors | Keller Williams Realty Phoenix. Data last updated 2022-09-27T11:17:58.533.
 
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Elite Home Advisors | Keller Williams Realty Phoenix
4862 E Baseline Rd
Mesa AZ, 85206