860 W Road 1 South S, Chino Valley, AZ 86323 - MLS #6986983

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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.

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)
Contract Info
Current Price: $6,995,000
List Price: $6,995,000
Status: Active
List Date: 2026-02-19
Ownership: Fee Simple
Location Tax Legal
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
Lot Size Dimensions: 340' x 618'
Year Built: 2014
Uncvrd Parking Spcs: 78
Total # of Units: 48
# of Buildings: 14
Zoning: CL
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
Showing Notification Methods
Showing Service: No Showing Service Used
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