Ownership: Fee Simple
Current Price: $3,750,000
Sold Price: $3,750,000
Status: Closed
List Date: 2022-05-10
Unit #: 1-10
Assessor's Map #: 27
Assessor's Parcel #: 269
Assessor Parcel Ltr: L
Add'l Parcels: Yes
Tax Municipality: Sedona
Taxes: 8336
Legal: Bell Rock View Condominiums
Marketing Name: Bell View Villas @ Sedona
Map Code/Grid: C82
House Number: 70
Street Name: Bell Rock
St Suffix: Boulevard
City/Town Code: Sedona
State/Province: AZ
Zip Code: 86351
Zip4: 8684
County Code: Yavapai
Assessor Number: 405-27-269-L
Tax Year: 2021
# of Buildings: 1
Uncvrd Parking Spcs: 20
Lot Size Dimensions: corner
Total # of Units: 10
Year Built: 1979
Zoning: Condos
5 - 12 Units: 1
Other (See Remarks): 1
Hotel/Motel: 1
Other (See Remarks): 1
Wood Frame: 1
Steel Frame: 1
Painted: 1
Stucco: 1
Brick Veneer: 1
Wood: 1
Ceramic Tile: 1
Carpet: 1
Land & Building: 1
Laundry Equipment: 1
Other (See Remarks): 1
Annual Elec Exp: 420
Annual Ins Exp: 8724
Annual Landscape Exp: 1200
Annual Maint Exp: 3000
Annual Trash Exp: 1140
Annual Wtr/Swr Exp: 2040
Owner Association: Yes
Annual Ownr Asoc Fee: 400
Operating Exp: 25260
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 281580
Cap Rate: 7.23
Equity: 3750000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
No Pool: 1
Manager Res/Office: 1
Game/Rec Room: 1
Other: 1
See Remarks: 1
Electric: 1
Individual: 1
Heat Pump: 1
2 or More Units: 1
Electric: 1
Heat Pump: 1
Individual: 1
2 or More Units: 1
Landscape Water System: 1
Fenced: 1
Partially Fenced: 1
Patio/Balcony: 1
Separate Storage: 1
Other (See Remarks): 1
Electricity: 1
Cable TV: 1
Free-Standing Range: 1
Refrigerator: 1
Dishwasher: 1
Disposal: 1
Microwave: 1
Washer/Dryer: 1
Sewer - Public: 1
Sewer - Private: 1
Sewer-In & Connected: 1
Other: 1
>1 Space Per Unit: 1
Paved: 1
APS: 1
Individual Meter: 1
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
Conventional: 1
Owner May Carry: 1
Other (See Remarks): 1
# 1 Bedroom Units: 5
Avg Rent: 2395
Avg SqFt: 951
# Baths: 1
# 2 Bedroom Units: 5
Avg Rent: 2450
Avg SqFt: 1113
# Baths: 1
Loan Type: Other
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Cross Street: Bell Rock & Hwy 179
Directions: West on Bell Rock Blvd., to property on north side of street
Geo Lat: 34.789216
Geo Lon: -111.764482
Off Market Date: 2022-07-20
Under Contract Date: 2022-07-20
Close of Escrow Date: 2022-09-23
Sold Price: $3,750,000
Gross Annual Sch Inc: 296400
Net Operating Income: 271140
Project Type: 5 - 12 Units; Other (See Remarks)
Other Type: Hotel/Motel; Other (See Remarks)
Construction: Wood Frame; Steel Frame
Const - Finish: Painted; Stucco; Brick Veneer
Roofing: Tile; Foam
Floors: Wood; Ceramic Tile; Carpet
Sale Includes: Land & Building; Laundry Equipment; Other (See Remarks)
Community Features: No Pool; Manager Res/Office; Game/Rec Room; Other; See Remarks
Exterior Amenities: Landscape Water System; Fenced; Partially Fenced; Patio/Balcony; Separate Storage; Other (See Remarks)
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Individual; Heat Pump; 2 or More Units
Cooling: Electric; Heat Pump; Individual; 2 or More Units
Water Source: Private
Sewer: Sewer - Public; Sewer - Private; Sewer-In & Connected; Other
Electric: APS; Individual Meter
Gas: None
Parking Features: >1 Space Per Unit; Paved
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text
Lockbox Type: None
New Financing: Conventional; Owner May Carry; Other (See Remarks)
Environmental: None
