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550 Jordan Rd Sedona, AZ, 86336
Neighborhood: Mtn Villa$4,995,000 Multi-Family For sale 14,880 sqft
Extremely rare multifamily opportunity in Uptown Sedona. Significant upside potential (see attached pro forma in OM). Potential NOI of $354,000 year 1 as long term rental only (see attached OM). Potential NOI of $420,000+ with mix of long term rental and short term rental. Mix of LTR and STR allowed per zoning. Nearby comp sold at the end of 2022 - 8 units (961 sf each) closed for $3,575,000 (446K per door & $447/sf) - see comp attached. Nearby long term rental comp studio 1 BA @ half the size renting for $2,200/month. Comprehensive inspection report (2023) available upon providing proof of funds. All units on short term or m-t-m leases for quick renovation/conversion. All units currently 1 BR / 1 BA but can be converted to 2 BD by installing door on the bonus den.
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Property details
1970 year built
Price per sqft
$335/sqft
Days on Verhouse
3
Address
550 Jordan Rd, Sedona, AZ, 86336
City of Arizona
Sedona
County
Coconino
Year Built
1970
Neighborhood
Mtn Villa
Open Houses
No upcoming open houses
Interior Features
Carpet, Laminate, Tile floors
Baths
None
Floors
Carpet, Laminate, Tile
Amenities
Ceiling Fan(s), Gas, Patio/Deck
Listed by
Jack McMahon, McMahon & Miller Commercial Real Estate, LLC
Name
Jack McMahon
License number
BR649715000
Brokerage company
McMahon & Miller Commercial Real Estate, LLC
MLS #
532570
Payment calculator
Calculate your monthly payments
Mortgage
$15,336
Taxes
$0
HOA dues
$0
Mortgage
$999,000 / 20%
2.28%
30 years
Your amount
$15,336 / month
Exterior Features
Brick, Frame - Wood, Stucco construction and more
Construction
Brick, Frame - Wood, Stucco
Pool
No
Lot details
TMK #40114006a
Parcel nr.
40114006a
Mtn Villa neighborhood info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People
18%
Families with children
National average: 43%
45%
Non family households
18,428
Population
Age & gender
Median age 60 years
More info
Commute types
73% commute by car
More info
Education level
25% have bachelor education
More info
Number of employees
More info
Housing market
$986.72k
Neighborhood average
sales price*
sales price*
$865k
Neighborhood median
sales price*
sales price*
105
Number
of sales*
of sales*
Housing type
72% is single detached
More info
Owners vs Renters
73% is owner
More info
7.17 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Schools
15 schools with rating up to 9
| School rating | Distance | |
|---|---|---|
|
Mountain School
311 West Cattle Dr Trail,
Flagstaff, AZ 86001
Elementary School |
20.526mi | |
|
Pine Forest School
2257 E. Cedar Avenue,
Flagstaff, AZ 86001
Middle School |
22.517mi | |
|
Caviat - Child Care Center Central Campus
2800 South Lone Tree Rd,
Flagstaff, AZ 86001
High School |
21.452mi | |
| School rating | Distance | |
|---|---|---|
|
Mountain School
311 West Cattle Dr Trail,
Flagstaff, AZ 86001
|
20.526mi | |
| out of 10 |
Manuel De Miguel Elementary School
3500 South Gillenwater Dr,
Flagstaff, AZ 86001
|
20.716mi |
|
Pine Forest School
2257 E. Cedar Avenue,
Flagstaff, AZ 86001
|
22.517mi | |
|
Haven Montessori Charter School
621 West Clay Ave,
Flagstaff, AZ 86001
|
22.887mi | |
|
San Francisco De Asis
320 North Humphreys Street,
Flagstaff, AZ 86001
|
23.406mi | |
| School rating | Distance | |
|---|---|---|
|
Pine Forest School
2257 E. Cedar Avenue,
Flagstaff, AZ 86001
|
22.517mi | |
|
San Francisco De Asis
320 North Humphreys Street,
Flagstaff, AZ 86001
|
23.406mi | |
| out of 10 |
Sinagua Middle School
3950 East Butler Ave,
Flagstaff, AZ 86004
|
23.871mi |
| out of 10 |
Northland Preparatory Academy
3300 West Sparrow Ave,
Flagstaff, AZ 86004
|
24.035mi |
| out of 10 |
BASIS Flagstaff
1700 N. Gemini Dr.,
Flagstaff, AZ 86001
|
24.071mi |
| School rating | Distance | |
|---|---|---|
|
Caviat - Child Care Center Central Campus
2800 South Lone Tree Rd,
Flagstaff, AZ 86001
|
21.452mi | |
| out of 10 |
Flagstaff High School
400 West Elm St,
Flagstaff, AZ 86001
|
23.572mi |
|
Caviat - Flagstaff High School
3000 N Fourth St. ,
Flagstaff, AZ 86001
|
23.647mi | |
| out of 10 |
Northland Preparatory Academy
3300 West Sparrow Ave,
Flagstaff, AZ 86004
|
24.035mi |
| out of 10 |
BASIS Flagstaff
1700 N. Gemini Dr.,
Flagstaff, AZ 86001
|
24.071mi |
Data provided by Greatschools.org
Price history
New Listing Mar 20, 2023
Mtn Villa Median sales price 2020
| Bedrooms | Med. price | % of listings |
|---|---|---|
| 2 beds | $400k | 100% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 20, 2023 | New Listing | $4,995,000 | 335.69 | MLS #532570 |
| Mar 20, 2023 | New Listing | $4,995,000 | 335.69 | MLS #532569 |
| Jan 19, 2012 | Expired | $850 | 0 | MLS #130563 |
| Jul 19, 2011 | New Listing | $850 | 0 | MLS #130563 |
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Frequently asked questions for 550 Jordan Rd
When was this multi-family built and last sold?
This house was build in 1970.
What is the full address of this Multi-Family?
550 Jordan Rd, Sedona, AZ, 86336.
MLS Disclaimer: Copyright 2023 Sedona Verde Valley Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. Listing courtesy of McMahon & Miller Commercial Real Estate, LLC.
Listing last updated on: Mar 20, 2023
Verhouse Last checked 5 minutes ago
The closest grocery stores are C-Market, 0.35 miles away and C-Market, 0.35 miles away.
The Mtn Villa neighborhood has a population of 18,428, and 18% of the families have children. The median age is 60.14 years and 73% commute by car. The most popular housing type is "single detached" and 73% is owner.
