70 Bell Rock Boulevard 1-10, Sedona, AZ 86351 - MLS #6397556

images$3,750,000 images******** Beds

images******** Bath images1979

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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!

Property Features
Project Type: 5 - 12 Units; Other (See Remarks)
Other Type: Hotel/Motel; Other (See Remarks)
Construction: Wood Frame; Steel Frame
Const - Finish: Painted; Stucco; Brick Veneer
Roofing: Tile; Foam
Floors: Wood; Ceramic Tile; Carpet
Sale Includes: Land & Building; Laundry Equipment; Other (See Remarks)
Community Features: No Pool; Manager Res/Office; Game/Rec Room; Other; See Remarks
Exterior Amenities: Landscape Water System; Fenced; Partially Fenced; Patio/Balcony; Separate Storage; Other (See Remarks)
Interior Features: Unfurnished; Partially Furnished
Appliances Included: Free-Standing 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 Source: Private
Sewer: Sewer - Public; Sewer - Private; Sewer-In & Connected; Other
Electric: APS; Individual Meter
Gas: None
Parking Features: >1 Space Per Unit; Paved
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text
Lockbox Type: None
New Financing: Conventional; Owner May Carry; Other (See Remarks)
Environmental: None
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
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
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
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 $/%: $