8 Beds
8 Beds
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Fairway Oaks
MLS Listing ID 7085695
Bedrooms 8
Year Built 1973
Annual Tax Amount $2,283
Tax Year 2025
Lot Dimensions 80ft x 150ft
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Both buildings have stayed consistently occupied with an excellent rental history, and the cap rate is approximately 7%. Each fourplex has four 2-bedroom, 2-bath units, generously sized bedrooms and closets, and parking out front. Flooring is terracotta tile/carpet/linoleum. Views can be enjoyed from spots throughout the property.
Parcels: 405-27-417 and 405-27-418
Location
State AZ
County Yavapai
Community Fairway Oaks
Area Yavapai
Zoning R2-2
Direction Take I-17 N (Arizona Veterans Hwy). Go for 8.8 mi. Take exit 298 toward AZ-179 N/Sedona. Go for 0.2 mi.Turn left onto NF-618 (AZ-179). Go for 7.1 mi. Pass 3 roundabouts and continue State Route 179 (AZ-179 N). Go for 1.1 mi. Take the 3rd exit from roundabout onto Bell Rock Blvd. Go for 0.2 mi. Turn left onto Sugarloaf St. Go for 0.1 mi. End at 115 Sugarloaf St., Sedona, Arizona 86351-8862
Interior
Heating Electric
Cooling Evaporative Cooling
Flooring Carpet
Appliance Refrigerator, Free-Standing Gas Oven, Free-Standing Electric Oven
Exterior
Exterior Feature Rain Gutters
Parking Features Off Street, >1 Space Per Unit
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Septic Tank
Water City Franchise
Structure Type Rain Gutters
New Construction No
Schools
Elementary Schools West Sedona Elementary School
Middle Schools Sedona Red Rock Junior/Senior High School
High Schools Sedona Red Rock Junior/Senior High School
School District Sedona-Oak Creek Jusd #9
Others
Senior Community No
Tax ID 405-27-418
Ownership Fee Simple
Acceptable Financing Affordable Housing, CTL, Conventional, 1031 Exchange
Disclosures Seller Prop Disc Stm
Listing Terms Affordable Housing, CTL, Conventional, 1031 Exchange
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