$1,090,000Commercial in Sedona

Offered by: Rick Rosenzweig , , soundinvestments1@msn.com

Address:	2782 W State Route 89a
Price:	$1,090,000
Location:	Sedona, AZ	MLS #:	519497
Zip Code:	86336	Sq. Feet :	4,528
County:	Yavapai	Bedroom:
Neighborhood:	42 - West Sedona	Bath:
Year Built:	1981	Acreage:	0.41

Description: Hard to find Sedona highway frontage. Western style office complex on Highway 89A Ten professional suites plus an upstairs apartment overlooking the landscaped courtyard with trees and a fish pond. 100% occupancy for the last 7 years. Apartment normally gets rented before it becomes vacant. 5 restrooms in all; some are shared between suites. Owner may carry with a sizeable down payment. Existing first mortgage is $477,000. New financing may also be available. The space sizes are attractive to small businesses. See ''Documents'' for financial details. At the $1,090,000 asking price the cap rate is approx. 6.10%. The owner does his own management and maintenance and pays himself $600 per month.

Amenities Lot Size: 101 x 210 x 75 x 208 Current Use: Commercial Rentals Cooling: Evaporative,Individual AC Exterior Features: Landscape,Patio/Deck,Sprinkler/Drip Flooring: Wood,Sheet Vinyl,Tile,Concrete,Laminate,Other - See Remarks Heating: Heat Pump,Wall Heater Interior Features: Fire/Smoke Alarm,Ceiling Fan Sewer: None Parking: 20+ Cars,Off Street Roof: Rolled/Hot Mop,Metal,Shake Units: 5 or More Units,Retail,Office Utilities: Cable TV,Underground,Master Meter,220,Sewer (Public),Electricity,Private Water,Telephone,Natural Gas

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