Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$6,995,000
Last Modified:
3/04/2026
Search
860 W Road 1 South S, Chino Valley, AZ 86323
$6,995,000
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# 6986983
Contract Info
Ownership: Fee Simple
Current Price: $6,995,000
List Price: $6,995,000
Status: Active
List Date: 2026-02-19
Location, Tax & Legal
Assessor's Map #: 29
Assessor's Parcel #: 26
Assessor Parcel Ltr: X
Add'l Parcels: No
Tax Municipality: Chino Valley
Taxes: 38319
Legal: A RECT PCL LYNG IN THE SW4NW4 SEC 27 W/ SW COR LYNG APPROX 340'E&25' N OF THE W4 COR SEC 27-16-2W CONT 4.82AC 3042/465
Marketing Name: Whispering
House Number: 860
Compass: W
Street Name: Road 1 South
St Suffix: --
St Dir Sfx: S
City/Town Code: Chino Valley
State/Province: AZ
Zip Code: 86323
County Code: Yavapai
Assessor Number: 309-29-026-X
Tax Year: 2025
General Property Description
# of Buildings: 14
Uncvrd Parking Spcs: 78
Lot Size Dimensions: 340' x 618'
Total # of Units: 48
Year Built: 2014
Zoning: CL
Project Type
Duplex: 1
Tri-Plex: 1
Four Plex: 1
25 - 50 Units: 1
Other (See Remarks): 1
Other Type
Other (See Remarks): 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Composition: 1
Floors
Laminate: 1
Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Other (See Remarks): 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 38319
Other Income: 6000
Vacancy Allowance: 0.03
Adjusted Gross Inc: 575016
Pmt & Rate Info
Cap Rate: 6.15
Equity: 6995000
Down Payment %: 20
Monthly Payments: 34364
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
None: 1
Community Features
Other: 1
Heating
Forced Air: 1
Heat Pump: 1
Natural Gas: 1
Central: 1
Cooling
Central Air: 1
Heat Pump: 1
Individual: 1
Exterior Amenities
Landscape Water System: 1
Desert Landscaping: 1
Fenced: 1
Partially Fenced: 1
Patio/Balcony: 1
Pet Restrictions: 1
Separate Storage: 1
Security Light(s): 1
Other (See Remarks): 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Other (See Remarks): 1
Tenant Pays
Gas: 1
Electricity: 1
Appliances Included
Dishwasher: 1
Free-Standing Gas Oven: 1
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Access Type
City Street: 1
Private Road: 1
Road Surface Type
Concrete: 1
Source of Fincl Data
Owner: 1
Road Responsibility
City Maintained Road: 1
Private Maintained Road: 1
Water Source
Private: 1
Domestic Well: 1
See Remarks: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
>1 Space Per Unit: 1
Paved: 1
Garage Door Opener: 1
Add'l Parking Avail: 1
Attached Garage: 1
Off Street: 1
Electric
City Electric: 1
Underground: 1
Individual Meter: 1
Gas
SW Gas: 1
Underground: 1
Individual Meter: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
Cash: 1
Conventional: 1
Owner May Carry: 1
1031 Exchange: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Water Well Report: 1
Water Cap/Quality Rp: 1
Environmental
Other (See Remarks): 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 9
Avg Rent: 1050
Avg SqFt: 624
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 24
Avg Rent: 1113
Avg SqFt: 1013
# Baths: 24
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: X
Income Expenses
Gross Annual Sch Inc: 586800
Net Operating Income: 430114
Property Features
Project Type: Duplex; Tri-Plex; Four Plex; 25 - 50 Units; Other (See Remarks)
Other Type: Other (See Remarks)
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Composition
Floors: Laminate; Tile; Carpet
Sale Includes: Land & Building; Laundry Equipment; Other (See Remarks)
Community Features: Other
Exterior Amenities: Landscape Water System; Desert Landscaping; Fenced; Partially Fenced; Patio/Balcony; Pet Restrictions; Separate Storage; Security Light(s); Other (See Remarks)
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Other (See Remarks)
Appliances Included: Free-Standing Gas Oven; Free-Standing Range; Refrigerator; Dishwasher; W/D Hookup
Heating: Forced Air; Natural Gas; Central; Heat Pump
Cooling: Heat Pump; Individual; Central Air
Water Source: Private; Domestic Well; See Remarks
Sewer: Sewer - Public
Electric: City Electric; Underground; Individual Meter
Gas: SW Gas; Underground; Individual Meter
Parking Features: >1 Space Per Unit; Garage Door Opener; Add'l Parking Avail; Free; Paved; Attached Garage; Off Street
Road Access Type: City Street; Private Road
Road Surface Type: Concrete
Road Responsibility: City Maintained Road; Private Maintained Road
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Gas
Source of Fincl Data: Owner
Lockbox Type: None
New Financing: Cash; Conventional; Owner May Carry; 1031 Exchange
Environmental: Other (See Remarks)
Listing Office:
RealtyONEGroup Mountain Desert
Last Updated: March - 04 - 2026
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