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Multi-Family sold for $2,450,000 in 311 days
70 Bell Rock Blvd Sedona, AZ, 86351
Neighborhood: Bell Rock PlazaOff the market 10,416 sqft
A fantastic investment opportunity to purchase a well-maintained 10-unit complex in The Village of Oak Creek. Conveniently located right near 179 with quick access to all the amenities of The Village, walking distance to world-class hiking, & only a 10 minute drive to I-17.Complex is currently at full occupancy & no lag time when a unit becomes available. 6 units are currently month-to-month tenants with the other 4 units on leases ending at various dates in 2021.This complex was ''condo-ized'' with each unit having its own parcel number & taxation (listing tax info based on common area parcel only). Complex has its own CC&Rs which can be provided.Solid numbers for income/expenses w/a number of substantial improvements done in 2020. SEE SUPPLEMENTAL for more: ------------------------------ ------------
The most recent capital improvements include the repainting of all exterior doors & balconies + common area stairwell/stairs (Jan 2021)
The building exterior and all units have been well-maintained and upgraded, as needed, including necessary appliances, new flooring, etc. Each unit has continuity with the design style in the kitchens, bathrooms & flooring. Each unit has a rear double French door leading out to private outdoor space for each tenant (balconies for upper units, patios for lower units - each with privacy walls between units).
Units are on their own electrical meters. Every unit has a laundry closet with their own washer & dryer, plus a utility closet with a water heater & HVAC system.
4 of the units are 1 bedroom + den which is a separate room space + 1 bathroom.
3 of the units are 1 bedroom & 1 bathroom with oversized living room space where a 2nd bedroom can be add.
1 of the units (and smallest square footage) has already been converted into 2 bedroom & 1 bathroom.
All units have the ability to be turned into 2-bedrooms.
Kitchens are galley-style with granite counters, quality cabinetry & stainless steel appliances including built-in microwaves.
There are two (upper & lower) "storage" rooms at 365 sq feet each that could potentially be utilized as additional living space & there are indications that at some point in the history of the complex, they may have been studio apartment (buyer do due diligence).
Tenants pay only for electric with owner paying for trash, water & sewer. There is no assigned parking but complex has a large parking lot which generally has ample parking for tenants and guest.
Management currently allows 1 dog per unit with a rigorous process in place for screening the pets before acceptance of the animal.
The property has been managed by Sedona Elite for many years and we can provide rental history, income/expense reports, maintenance history etc. Seller opts to use Chelsea Little at Stewart Title for closing.
All units are renting under market price due to long term tenancies so there is plenty of room to increase income stream with adjustments to rents in the future. This is truly a great investment opportunity for a property & one of the least expensive listings (based on square footage price) in Sedona - well run complex with good business practices and thorough upkeep.
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Price per sqft
$235/sqft
Address
70 Bell Rock Blvd, Sedona, AZ, 86351
City of Arizona
Sedona
County
Yavapai
Year Built
1974
Monthly association fee
$180
Neighborhood
Bell Rock Plaza
District
Village Of Oak Cr
No upcoming open houses
Baths
None
Floors
Carpet, Laminate, Tile
Roof
Rolled/Hot Mop, Tile
nr.of parking places
Off Street,Other - See Remarks
Amenities
Ceiling Fan(s), Heat Pump, Individual AC, Refrigeration/Centrl, Fenced Backyard, Landscape, Other - See Remarks, Patio/Deck, Electric, Forced Air, Heat Pump, Individual Heat
Name
Traci Durfee
License number
SA684059000
Brokerage company
Sedona Elite Properties
MLS #
524887
Name
Robin Non-member
Brokerage company
Non-Member Office
(928) 282-5409
(928) 282-5409
Mortgage
$7,523
Taxes
$0
HOA dues
$180
Mortgage
$490,000 / 20%
2.28%
30 years
Your amount
$7,523 / month
Construction
Block, Frame - Wood, Stucco
Pool
No
Parcel nr.
40527269l
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
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 living in Bell Rock Plaza
7%
Families with children
National average: 39%
36%
Non family households
17,019
Population
$100,389
Average Income
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Housing market insights for
$764.93k
Neighborhood average
sales price*
sales price*
$745k
Neighborhood median
sales price*
sales price*
101
Number
of sales*
of sales*
More info
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9.33 / 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
School rating | Distance | |
---|---|---|
Montezuma School
P.O. Box 428,
Cottonwood, AZ 86326
Elementary School |
0.711mi | |
Montezuma School
P.O. Box 428,
Cottonwood, AZ 86326
Middle School |
0.711mi | |
Montezuma School
P.O. Box 428,
Cottonwood, AZ 86326
High School |
0.711mi |
School rating | Distance | |
---|---|---|
Montezuma School
P.O. Box 428,
Cottonwood, AZ 86326
|
0.711mi | |
Oak Creek School
11490 Purple Sage,
Cornville, AZ 86325
|
8.014mi | |
Desert Star Community School
1240 S. Recycler Rd.,
Cornville, AZ 86325
|
8.131mi | |
out of 10 |
Beaver Creek School
4810 East Beaver Creek Rd,
Rimrock, AZ 86335
|
9.192mi |
Montessori Childrens House
2400 Datsi St,
Camp Verde, AZ 86322
|
13.012mi |
School rating | Distance | |
---|---|---|
Montezuma School
P.O. Box 428,
Cottonwood, AZ 86326
|
0.711mi | |
Oak Creek School
11490 Purple Sage,
Cornville, AZ 86325
|
8.014mi | |
Desert Star Community School
1240 S. Recycler Rd.,
Cornville, AZ 86325
|
8.131mi | |
out of 10 |
Beaver Creek School
4810 East Beaver Creek Rd,
Rimrock, AZ 86335
|
9.192mi |
Sedona Sky Academy
3090 E Coronado Trl,
Rimrock, AZ 86335
|
11.154mi |
School rating | Distance | |
---|---|---|
Montezuma School
P.O. Box 428,
Cottonwood, AZ 86326
|
0.711mi | |
Rimrock Public High School
3705 Beaver Creek Rd,
Rimrock, AZ 86335
|
9.745mi | |
Southwestern Academy
Hc 64 Box 235,
Rimrock, AZ 86335
|
9.985mi | |
Sedona Sky Academy
3090 E Coronado Trl,
Rimrock, AZ 86335
|
11.154mi | |
Cornerstone Christian Academy
2080 S Hwy 260,
Cottonwood, AZ 86326
|
13.677mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Bell Rock Plaza Median sales price 2021
Bedrooms | Med. price | % of listings |
---|---|---|
Not specified | $1.49m | 100% |
Date | Event | Price | $/sqft | Source |
---|---|---|---|---|
Jun 3, 2021 | Expired | $2,499,500 | 239.97 | MLS #524887 |
Mar 21, 2021 | Temp Off Market | $2,499,500 | 239.97 | MLS #524887 |
Dec 2, 2020 | New Listing | $2,499,500 | 239.97 | MLS #524887 |
Zoning
R2-2
Tax History
Year | Taxes | Source |
---|---|---|
2020 | n/a | MLS #524887 |
About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.
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This multi-family was build in 1974.
This property was sold in 2021.
70 Bell Rock Blvd, Sedona, AZ, 86351.
MLS Disclaimer: Copyright 2024 Sedona Verde Valley Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. Listing courtesy of Sedona Elite Properties.
Listing last updated on: Jan 23, 2023
Verhouse Last checked 2 minutes ago
The closest grocery stores are Clark's Market & Pharmacy, 0.66 miles away.
The Bell Rock Plaza neighborhood has a population of 17,019, and 7% of the families have children. The median age is 65.67 years and 63% commute by car. The most popular housing type is "single detached" and 64% is owner.