4252-4278b E Canyon Trail, Cottonwood, AZ 86326

$2,340,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $2,340,000 Last Modified: 11/21/2025

Description

INVESTOR ALERT! 2 APARTMENT BUILDINGS FOR SALE IN COTTONWOOD, AZ 20-30 MINUTES TO SEDONA! GREAT WORKFORCE HOUSING!! 15 Apartments total. (14 two-bedroom units, 1 one-bedroom unit) 2 Parcels totalling 1.44 acres. Built in 1980/1985 by Owner/Builder. Only 1 owner. Additional land included to build extra units. PER RECENT MEETING WITH YAVAPAI COUNTY, EXTRA LAND AND ZONING WOULD ALLOW ADDITIONAL 6 UNITS. Tenants pay their own .electricity. Natural gas is now in the street. Was not at the time of construction.

More Information MLS# 534247

Location, Tax & Legal

Legal Description (Abbrev): VERDE VILLAGE UNIT TWO ALL OF LOT 460 PER MP 14/53 EXCEPTING THE ADOT R/W PER 4347/43 ON THE WLY PTN Taxes: 5287 Legal: VERDE VILLAGE UNIT TWO ALL OF LOT 460 PER MP 14/53 EXCEPTING THE ADOT R/W PER 4347/43 ON THE WLY PTN OF THE LOT 13-15-3 House Number: 4252-4278b Compass: E Street Name: Canyon St Suffix: Trail City/Town Code: Cottonwood State/Province: AZ Zip Code: 86326 Zip4: 5943 County Code: Yavapai Subdivision: Verde Village Unit 2 Assessor Number: 40646254a Tax Year: 2022

General Property Description

# of Buildings: 2 Lot Size Dimensions: 2 lots 40646254a, 40646255 Total # of Units: 15 Year Built: 1980 Zoning: R2-3

Remarks & Misc

SVV Public Historical Remarks: Exterior Features: Landscape, Total SqFt: 10752, Management: Owner, Water Heater: Two or More,Electric, Lot Acreage: 1.44, Living Area: 10752, Heating: Individual Heat, Lease Expiration/Trm: CALL LISTING AGENT FOR DETAILS. 15 UNITS, INDIVIDUAL TENANT LEASES., Below Grade Unfinished Area: 0, Area: 12 - Verde Village, Above Grade Unfinished Area: 0

Project Type

Other (See Remarks): 1

Construction

Wood Frame: 1 Brick: 1

Roofing

Composition: 1 Tile: 1

Floors

Vinyl: 1 Carpet: 1

Income & Expenses

Total Monthly Rental Income: 2150

Lockbox Type

Supra: 1

Heating

Electric: 1

Cooling

Central Air: 1

Exterior Amenities

Cable TV Available: 1

Interior Features

Fire/Smoke Alarm(s): 1 Basement: 1

Appliances Included

Refrigerator: 1

Road Access Type

County Road: 1

Road Responsibility

County Maintained Road: 1

Water Source

City Franchise: 1 Master Meter: 1 Individual Meter: 1

Sewer

Septic Tank: 1

Parking Features

Other: 1

Electric

Master Meter: 1 Individual Meter: 1

Gas

Master Meter: 1 Individual Meter: 1

New Financing

Cash: 1 1031 Exchange: 1

Sold Info

Loan Type: Carryback Loan Years: 5 Closing Cost Split: Normal - N Payment Type: Balloon Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Contract Info

Current Price: $2,340,000 Sold Price: $2,340,000 Status: Closed List Date: 2023-10-06

Remarks Misc

Directions: HWY 260 TO VERDE VILLAGE. TURN LEFT ON WESTERN DRIVE, THEN 3RD ROAD ON THE RIGHT, MOUNTAIN VIEW. GO TO LOWER CANYON TRAIL (THE LOWER END OF THE PROPERTY). MUST CALL LISTING AGENT FOR SHOWING. 1 VACANT APARTMENT TO SHOW. Geo Lat: 34.690841 Geo Lon: -111.980711

Status Change Info

Off Market Date: 2025-03-14 Under Contract Date: 2025-03-14 Close of Escrow Date: 2025-11-19 Sold Price: $2,340,000

Property Features

Project Type: Other (See Remarks) Construction: Wood Frame; Brick Roofing: Composition; Tile Floors: Vinyl; Carpet Exterior Amenities: Cable TV Available Interior Features: Fire/Smoke Alarm(s); Basement Appliances Included: Refrigerator Cooling: Central Air Water Source: City Franchise; Master Meter; Individual Meter Sewer: Septic Tank Electric: Master Meter; Individual Meter Gas: Master Meter; Individual Meter Parking Features: Other Road Access Type: County Road Road Responsibility: County Maintained Road Lockbox Type: Supra New Financing: Cash; 1031 Exchange

Documents

Listing Office: Russ Lyon Sotheby's International Realty
IDX
Last Updated: November - 21 - 2025
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