225 Oak Creek Blvd, Sedona 86336 AZ - $950,000
Welcome to 225 Oak Creek Blvd in Sedona AZ 86336. This Multi-Family property is located in Oc Development subdivision. If you call us about this Sedona property, please give us this MLS number 528743. This property has a status of Sold in the Sedona MLS. Questions about this or any Sedona homes or Sedona real estate? Call or text us at (928) 301-4949.
Sedona, AZ 86336
- N/ABeds
- 0.00Total Baths
- 5,680SqFt
- 1973Year Built
- 0.49Acres
- 50 yearsEst Age
- MLS# 528743
- Multifamily
- Multi-Family
- Sold
- Approx Time on Market5 months, 12 days
- AreaWest Sedona
- CountyYavapai
- SubdivisionOc Development
Overview
The park has 7 park owned mobile homes and a laundry room with 2 washers and 2 dryers. The prior owner, local contractor Gail Herrick, bought the park in 1993. In 1997 he renovated the park, replaced 5 mobile homes (1982-1991), restored the original 1973 2br, 2 ba unit and added decks, awnings, porches, sidewalks, curbing, landscaping and paved parking. He added new underground utilities including water, natural gas and electric and connected the park to city sewer. He managed the park himself. The present owner manages the park from Scottsdale. The park expects to gross $103,422 in 2022. With expected annual expenses of $31,941, the NOI is projected to be $71,481. See ''Documents''. The current cap rate is approximately 7.52%.
Building Info
Year Built: 1,973
Construction: Frame - Wood, Metal, Modular
Floors: Carpet, Concrete, Sheet Vinyl
Internal Amenities: Ceiling Fan, Disposal, Fire/Smoke Alarm, Laundry Room, Microwave, Refrigerator
Roof Materials: Comp Shingle, Metal
Type Building: 5 or More Units
Financial
Asking Price Text: $950,000
Lot Info
Acres: 0
Road Access Type: City, Paved
Misc Info
Pet Privileges: No
Commercial Amenities: Other - See Remarks
External Amenities: Landscape, Patio/Deck
Parking Info
Parking: Off Street
Property Info
Class Type: Multi-Family
County: Yavapai
Business Type: Mobile Home Park
Road Maintenance: City Maintained
Sale / Lease Info
Sold Date: 2022-06-30 00:00:00
Sold Price: $900,000
Special Conditions: N/A
SqFt Info
Sqft: 5,680
Utilities / HVAC
Cooling: Evaporative Cooling, Individual AC
Heating: Electric, Forced Air
Utilities Available: Cable TV, City Water, Electricity, Individual Meter, Master Meter, Natural Gas, Sewer (City), Telephone, Underground
Water Heater: Electric, Natural Gas
Courtesy of Sound Investments
If you would like to view this Multi-Family property at 225 Oak Creek Blvd in Sedona give us a call at (928) 301-4949. We can also Email you the full MLS sheet for this real estate if you have registered for a free account. Be sure to give us the Sedona address or this MLS# 528743 so we can make an appointment for us to view the Multi-Family property.
Here's a synopsis of this Multi-Family real estate - The park has 7 park owned mobile homes and a laundry room with 2 washers and 2 dryers. The prior owner, local contractor Gail Herrick, bought the park in 1993....