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Key Details
Sold Price $2,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mtn Villa
MLS Listing ID 537668
Sold Date 04/30/25
Year Built 1971
Annual Tax Amount $4,350
Tax Year 2024
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
INVESTOR ALERT! This 8 unit apartment complex is located in beautiful Uptown Sedona, walking distance to all of the shops/restaurants/galleries with views of Snoopy Rock and beyond. This building was built and owned by same owner/builder-family since 1971. Has always been fully rented. Owner recently remodeled 4 of the 8 units. Two units are fully furnished if new buyer wishes to do monthly furnished vacation rentals. Minimum 30 day rentals. Would make great workforce housing for any local resort, hotels, restaurant groups, etc.
Or continue on as long term or monthly rentals. Well built, well maintained investment opportunity! There are seven 2-bedroom/1-bath units, one 1-bedroom/1-bath unit. Call listing agent to view this rare opportunity in Uptown Sedona!
Location
State AZ
Community Mtn Villa
Zoning RM
Direction JORDAN ROAD RIGHT ON SCHNEBLY ROAD LEFT ON SUNSET LANE
Interior
Heating Electric
Cooling Central Air, Ceiling Fan(s)
Flooring Carpet
Appliance Dishwasher, Refrigerator, Microwave
Exterior
Roof Type Tile
Private Pool No
Building
Sewer None, Public Sewer
Water Individual Meter, Master Meter, City Franchise
New Construction No
Others
Senior Community No
Tax ID 40114101
Acceptable Financing CTL, 1031 Exchange
Listing Terms CTL, 1031 Exchange
Financing Cash
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Bought with Southwest Highlands Realty & D
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Broker Associate | License ID: BR639241000
Broker Associate License ID: BR639241000