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70 Bell Rock Boulevard, 1-10, Sedona, AZ 86351

$3,750,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $3,750,000 Last Modified: 9/24/2022

Description

Priced to sell quickly: Introducing Bell View Villas at Sedona Bell Rock! This 10 unit individually parceled condo building sits in highly desirable Sedona; voted most beautiful place on earth! Comprised of spacious 1 bedroom/1 bath and 2 bedroom/1 bath units w/ample 20 parking spaces & private and inviting backyard space for the tenants. Total of 11 parcels; one common area-includes 2 (approx 16x13) storage rooms that could be leasing office and game/snacks for additional income revenue or exercise room/conference/gathering space for value add tenant amenities. Individually metered for electricity, Owner pays water/sewer/garbage. Class A interiors include granite counters in kitchen and baths, full tiled showers, stainless appliances, interior laundry, balcony/patios & more!

More Information MLS# 6397556

Contract Info

Current Price: $3,750,000 Sold Price: $3,750,000 Status: Closed List Date: 2022-05-10 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: C82 House Number: 70 Street Name: Bell Rock St Suffix: Boulevard City/Town Code: Sedona State/Province: AZ Zip Code: 86351 Zip4: 8684 Country: USA County Code: Yavapai Assessor Number: 405-27-269-L Tax Year: 2021

General Property Description

Lot Size Dimensions: corner Year Built: 1979 Uncvrd Parking Spcs: 20 Total # of Units: 10 # of Buildings: 1 Zoning: Condos Elementary School District: Out of Area High School District: Out of Area

Remarks Misc

Cross Street: Bell Rock & Hwy 179 Directions: West on Bell Rock Blvd., to property on north side of street Geo Lat: 34.789216 Geo Lon: -111.764482

Status Change Info

Status Change Date: 2022-09-23 Off Market Date: 2022-07-20 Under Contract Date: 2022-07-20 Close of Escrow Date: 2022-09-23 Sold Price: $3,750,000

Legal Info

Lot Number: ABCDEFGHJK&L

Income Expenses

Gross Annual Sch Inc: 296400 Net Operating Income: 271140

1 Bedroom Units

# 1 Bedroom Units: 5 Avg Rent: 2395 Avg SqFt: 951 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 5 Avg Rent: 2450 Avg SqFt: 1113 # Baths: 1

Sold Info

Loan Type: Other Payment Type: Other Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Project Type: 5 - 12 Units; Other (See Remarks) Other Type: Hotel/Motel; Other (See Remarks) Construction: Frame - Wood; Frame - Metal Const - Finish: Painted; Stucco; Brick Trim/Veneer Roofing: Tile; Foam Floors: Wood; Ceramic Tile; Carpet Sale Includes: Land & Building; Laundry Equipment; Other (See Remarks) Community Amenities: No Pool; Manager Res/Office; Game/Rec Room; Other; See Remarks Exterior Amenities: Landscape Wtr System; Fenced; Partially Fenced; Patio/Balcony; Separate Storage; Other (See Remarks) Interior Amenities: Unfurnished; Partially Furnished Appliances Included: F/S Oven/Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Individual; Heat Pump; 2 or More Units Cooling: Electric; Heat Pump; Individual; 2 or More Units Water: Private Franchise Sewer: Sewer - Public; Sewer - Private; Sewer-In & Connected; Other (See Remarks) Electric: APS; Individual Meter Gas: None Parking: >1 Space Per Unit; Paved Parking Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electric; Cable TV Source of Fincl Data: Provided by Owner Showing Notification Methods: Text Lockbox Type: None New Financing: Conventional; Seller May Carry; Other (See Remarks) Environmental: None
Listing Office: RE/MAX Alliance Group
Last Updated: September - 24 - 2022
70 Bell Rock Boulevard, 1-10, Sedona, AZ 86351- MLS# 6397556
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