50 Chaparral Dr - Apartments FOR SALE


Sedona, AZ 86351
$985,000 USD
928-282-4166
50 Chaparral Dr, Sedona, AZ for Sale
$985,000 USD
Apartments - FOR SALE
1/28
null | Request Cap Rate

50 Chaparral Dr
Sedona, AZ 86351


HIGHLIGHTS

  • Prime Multi Family Investment Opportunity
  • Three Income Generating Units
  • On Sewer

OVERVIEW

Prime Multi-Family Investment Opportunity in beautiful Sedona, Arizona. Unlock the potential of this rare multi-family property in the high-demand Village of Oak Creek. With three income-generating units, this property offers a strong return on investment in Sedona's thriving rental market. Unit 1 (in front) offers 2 bed/ 2 bath with 850 sq. ft. Newly upgraded with fresh bedroom flooring, paint, and a brand new front deck. Includes a large basement/storage area, adding additional value. Both units 2 & 3 (in rear) are 1 Bed/1 Bath at 719 sq. ft. each. Featuring a private, fenced courtyard, ideal for tenant enjoyment. Unit 3 boasts a new HVAC system (April 2024). Property is on SEWER, reducing maintenance concerns. A shared laundry room with extra tenant storage enhances convenience. Unit 3 is currently vacant.

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$286 USD /SF

# OF UNITS

3

PRICE/UNIT

$328,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,251 SF

ZONING

-

APN/PARCEL ID

405-27-453

ASK ABOUT THIS PROPERTY

Pamela SchabatkaRE/MAX SedonaMore Info
928-282-4166

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Pamela SchabatkaRE/MAX SedonaMore Info
928-282-4166

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.