$7,250,000

860 W Road 1 S Chino Valley, AZ 86323

Estimated payment $43,112/month

Total Views 1,954
-- Bed
-- Bath
36,367 Sq Ft
$199 Price per Sq Ft

Highlights

  • Gated Community
  • Wood Fence
  • Heating System Uses Natural Gas
  • Central Air
  • Carpet

About This Home

Whispering Winds is a multi-family mixed use property in the middle of town. It has excellent property management and is 100% occupied. The property consists of 2 commercial buildings w/ 3 office spaces each. Attached to the backside of the office spaces are 9 storage units with internal doors and also exterior rollup doors, and finished with sheetrock and lighting. Gated residential area has 6 duplexes w/ attached one car garages, back patios and fence yards; 3 triplexes, 1 br/1 bath, w/ storage rm, back patios and fenced yards. All built in 2004 w/ new roofs in 2018. There are also, 3 fourplexes, each built in 2018 w/ upgraded interiors. Lg common laundry rm for complex. Each unit is separately metered for water & gas. Property has its own private water company and is on town sewer.

Listing Agent

Karen Klabacha, CCIM

RealtyONEGroup Mountain Desert License #SA532438000 Listed on: 05/05/2025

RealtyONEGroup Mountain Desert

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $36,850

Year Built

  • Built in 2018

Lot Details

  • 4.82 Acre Lot
  • Wood Fence
  • Property is zoned CL

Home Design

  • 36,367 Sq Ft Home
  • Wood Frame Construction
  • Composition Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • 52 Open Parking Spaces
  • 64 Parking Spaces
  • Public Parking
  • 12 Covered Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Private Water Source
  • Master Water Meter
  • Well

Listing and Financial Details

  • Tax Lot 30629026X
  • Assessor Parcel Number 306-29-026-X

Community Details

Building Details

  • Operating Expense $135,155
  • Gross Income $611,050
  • Net Operating Income $475,895

Additional Features

  • 14 Buildings
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$36,850

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Legal Info Range: 2W
  • Property Type: Comm/Industry Sale
  • Zoning: CL
  • Number Of Buildings: 14
  • Ownership: Fee Simple
  • Year Built: 2018
  • Tax Year: 2024
  • Directions: From south end of Chino Valley, take State Route 89 heading N, turn west (L) at Road 1 South. Approx 0.5 mile, property is on the right. Name of complex is Whispering Winds.
  • Lot Size Acres: 4.82
  • Structure Type: Other (See Remarks)
  • Tax Parcel Letter: X
  • Roofing:Composition: Yes
  • Water Source Domestic Well: Yes
  • Water Source Private Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other, Carpet, Vinyl
  • Living Area: 36367.0

Exterior Features

  • Fencing: Other, Wood
  • Disclosures: Water Well Report, Seller Prop Disc Stm
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition
  • Construction:Frame - Wood2: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Total Covered Spaces: 12.0
  • Parking Features: Parking Lot, Paved, Free
  • Attached Garage: No
  • Open Parking Spaces: 52.0
  • Total Parking Spaces: 64.0
  • General Property Description:Covered Parking Spcs: 12.0
  • General Property Description:Uncvrd Parking Spcs: 52.0
  • General Property Description:Total Parking Spcs: 64.0
  • Parking Features Paved Parking: Yes
  • Parking Features Free: Yes
  • Parking Features Public Parking: Yes

Utilities

  • Electric: Individual Meter, APS
  • Cooling: Central Air
  • Heating: Natural Gas
  • Green Building Features: Other (See Remarks), Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private, Domestic Well, Master Meter
  • Heating:Natural Gas: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes
  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size Sq Ft: 209948.0
  • Parcel #: 306-29-026-X

Multi Family

  • Annual Gross Income: 611049.6
  • Property Net Operating Income: 475895.0
  • Annual Operating Expense: 135155.0
  • Vacancy Allowance Rate: 0.02

Tax Info

  • Tax Annual Amount: 36850.0
  • Tax Book Number: 306.00
  • Tax Lot: 30629026X
  • Tax Map Number: 29.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $36,850 -- -- --
2024 $35,717 -- -- --
2023 $35,717 $836,501 $22,313 $814,188
2022 $35,137 $708,845 $16,442 $692,403
2021 $37,373 $740,680 $15,200 $725,480
2020 $35,190 $0 $0 $0
2019 $31,190 $0 $0 $0
2018 $16,726 $0 $0 $0
2017 $17,803 $0 $0 $0
2016 $18,227 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 For Sale $7,250,000 0.0% $199 / Sq Ft
04/24/2025 04/24/25 For Sale $7,250,000 -- $200 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Cash Sale Deed $235,000 Yavapai Title Agency
Warranty Deed $100,000 Capital Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,500,000 Construction
Closed $1,500,000 Unknown
Closed $1,233,000 Construction
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6861797

Arizona Regional Multiple Listing Service (ARMLS)

APN: 306-29-026X