Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6997646
Year Built 1980
Annual Tax Amount $4,157
Tax Year 2025
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Although from the 80's, this building has had successive owners who have taken great care of it, and have always been on top of all the maintenance. HVAC was upgraded in 2025 for all 4 units, roof is only a few years old, and all units undergo weekly deep cleans during guest turnovers. Three units are 2bd/1ba, and one unit is 1bd/1ba.
The plot of land is over half an acre, and its current zoning allows for the addition of TWO MORE units, giving this property the ability to scale up to a Commercial size & valuation. Did anyone say Boutique Hotel ?... Short-term rental revenue totals & projections over $230,000 per year with current 4 units.
Two new units could be built on top of the carports for maximizing Uptown red rock views intake & marketability. Units could be split into condos to ensure STR capability for every unit individually. Projections over $350,000/yr in this scenario.
Existing development bid at around $300/sqft available upon request.
Location
State AZ
County Yavapai
Area Yavapai
Zoning RM2
Direction From Jordan Road, turn onto 615 Jordan Road. There is another entrance (U-shaped driveway) from Navahopi Drive.
Interior
Heating Zoned, Forced Air, 2 or More Units, Natural Gas
Cooling Central Air, Ceiling Fan(s), 2 or More Units
Flooring Carpet
Appliance Dishwasher, Refrigerator, Built-In Electric Oven, Washer/Dryer
Exterior
Parking Features Off Street, Detached Carport, Add'l Parking Avail, >1 Space Per Unit, Carport
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water Private
New Construction No
Schools
Elementary Schools West Sedona Elementary School
Middle Schools Sedona Red Rock Junior/Senior High School
High Schools Sedona Red Rock Junior/Senior High School
School District Sedona-Oak Creek Jusd #9
Others
Senior Community No
Tax ID 401-03-003
Acceptable Financing CTL
Disclosures None
Listing Terms CTL
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