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550 Jordan Rd, Sedona, AZ, 86336
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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
$15,336 per month
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*
$865k
Neighborhood median
sales price*
105
Number
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
10-15
5-10
1-5

Walkability according to the National Walkability Index

Schools

15 schools with rating up to 9
School rating Distance
NR
Mountain School
311 West Cattle Dr Trail, Flagstaff, AZ 86001
Elementary School
20.526mi
NR
Pine Forest School
2257 E. Cedar Avenue, Flagstaff, AZ 86001
Middle School
22.517mi
NR
Caviat - Child Care Center Central Campus
2800 South Lone Tree Rd, Flagstaff, AZ 86001
High School
21.452mi
School rating Distance
NR
Mountain School
311 West Cattle Dr Trail, Flagstaff, AZ 86001
20.526mi
5
out of 10
Manuel De Miguel Elementary School
3500 South Gillenwater Dr, Flagstaff, AZ 86001
20.716mi
NR
Pine Forest School
2257 E. Cedar Avenue, Flagstaff, AZ 86001
22.517mi
NR
Haven Montessori Charter School
621 West Clay Ave, Flagstaff, AZ 86001
22.887mi
NR
San Francisco De Asis
320 North Humphreys Street, Flagstaff, AZ 86001
23.406mi
School rating Distance
NR
Pine Forest School
2257 E. Cedar Avenue, Flagstaff, AZ 86001
22.517mi
NR
San Francisco De Asis
320 North Humphreys Street, Flagstaff, AZ 86001
23.406mi
4
out of 10
Sinagua Middle School
3950 East Butler Ave, Flagstaff, AZ 86004
23.871mi
9
out of 10
Northland Preparatory Academy
3300 West Sparrow Ave, Flagstaff, AZ 86004
24.035mi
9
out of 10
BASIS Flagstaff
1700 N. Gemini Dr., Flagstaff, AZ 86001
24.071mi
School rating Distance
NR
Caviat - Child Care Center Central Campus
2800 South Lone Tree Rd, Flagstaff, AZ 86001
21.452mi
6
out of 10
Flagstaff High School
400 West Elm St, Flagstaff, AZ 86001
23.572mi
NR
Caviat - Flagstaff High School
3000 N Fourth St. , Flagstaff, AZ 86001
23.647mi
9
out of 10
Northland Preparatory Academy
3300 West Sparrow Ave, Flagstaff, AZ 86004
24.035mi
9
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.
Multi-Family For sale $5m 550 Jordan Rd, Sedona, AZ, 86336 14,880 sqft Save House Remove from Saved