Address
225 Oak Creek Blvd Sedona, AZ
Price
$ 600,000
Property Attributes
  • MLS#507587
  • TypeMulti-Family
  • CountyYAVAPAI
  • CitySedona
  • AreaWest Sedona
  • Zip86336
  • StyleMHP
  • Year Built1971
  • Taxes1949
  • Price$ 600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5916
Listing Provided Courtesy Of:
Sound Investments
Property Description

The Herrick Mobile Home Park was established in 1971. It has been owned by the present owner, a licensed contractor, since 1993. It contains 7 park-owned mobile homes and a freestanding laundry building with 6 washers and 6 dryers. The owner does his own management and pays himself a 5% management fee. Most of the units are from the 1980's and are maintained by the owner. The occupancy normally runs about 99%. Based upon the 2018 pro-forma the cap rate is 9.84%. The 2017 real property tax, which includes the land, the doublewide and the laundry building, is $1,435.48. The 2017 taxes for the remaining 6 units, which are personal property, is $513.58. See the Supplement for the 2018 Pro-Forma. I've been unable to get the numbers to line up in columns but the figures are there.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
7/27/2016 Listed $569,000

General Features

# of Units 7.00
Area 42 - West Sedona
Association Fees $ 0.00
Builder Unknown
Business Type MHP
Condo No
Construction Metal, Frame - Wood
Listing Status Active
Pet Privileges Yes
Property Type E
Sub-Type Multi-Family
Utilities Available Cable TV, Underground, Individual Meter, Master Meter, 220, Sewer (City), Electricity, Private Water, Telephone, Natural Gas
Zoning RS-10A

Interior Features

Cooling Heat Pump, Evaporative, Room Refrigeration
Floors Carpet, Vinyl, Laminate
Floors 1.0
Heating Forced - Gas
List Price/sqft 101.42
Water Heater Electric, Natural Gas

Exterior Features

# of Buildings 8.00
External Amenities Landscape, Patio/Deck
Lot Dimensions 170 x 125
Lot Size 0.49
Lot Size Source Owner
Parking Off Street
Road Access Paved, City
Road Maintenance City Maintained
Roof Materials Comp Shingle, Metal
Type Building 5 or More Units

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 86336

Price
AVG $600K
$600K
Taxes
AVG $1,949
$1,949
Visits
AVG 52
51
Year Built
AVG 1971
1971
Walkscore
AVG 46
46

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