$3,750,000
Sedona, AZ 86351
MLS# 6397556
Status: Closed
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Property Description
Priced to sell quickly: Introducing Bell View Villas at Sedona Bell Rock! This 10 unit individually parceled condo building sits in highly desirable Sedona; voted most beautiful place on earth! Comprised of spacious 1 bedroom/1 bath and 2 bedroom/1 bath units w/ample 20 parking spaces & private and inviting backyard space for the tenants. Total of 11 parcels; one common area-includes 2 (approx 16x13) storage rooms that could be leasing office and game/snacks for additional income revenue or exercise room/conference/gathering space for value add tenant amenities. Individually metered for electricity, Owner pays water/sewer/garbage. Class A interiors include granite counters in kitchen and baths, full tiled showers, stainless appliances, interior laundry, balcony/patios & more!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $3,750,000
Sold Price: $3,750,000
Status: Closed
List Date: 2022-05-10
Location, Tax & Legal
Unit #: 1-10
Assessor's Map #: 27
Assessor's Parcel #: 269
Assessor Parcel Ltr: L
Add'l Parcels: Yes
Tax Municipality: Sedona
Taxes: 8336
Legal: Bell Rock View Condominiums
Marketing Name: Bell View Villas @ Sedona
Map Code/Grid: C82
House Number: 70
Street Name: Bell Rock
St Suffix: Boulevard
City/Town Code: Sedona
State/Province: AZ
Zip Code: 86351
Zip4: 8684
County Code: Yavapai
Assessor Number: 405-27-269-L
Tax Year: 2021
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 20
Lot Size Dimensions: corner
Total # of Units: 10
Year Built: 1979
Zoning: Condos
Project Type
5 - 12 Units: 1
Other (See Remarks): 1
Other Type
Hotel/Motel: 1
Other (See Remarks): 1
Construction
Wood Frame: 1
Steel Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Brick Veneer: 1
Roofing
Tile: 1
Foam: 1
Floors
Wood: 1
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Other (See Remarks): 1
Income & Expenses
Annual Elec Exp: 420
Annual Ins Exp: 8724
Annual Landscape Exp: 1200
Annual Maint Exp: 3000
Annual Trash Exp: 1140
Annual Wtr/Swr Exp: 2040
Owner Association: Yes
Annual Ownr Asoc Fee: 400
Operating Exp: 25260
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 281580
Pmt & Rate Info
Cap Rate: 7.23
Equity: 3750000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Text: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Manager Res/Office: 1
Game/Rec Room: 1
Other: 1
See Remarks: 1
Heating
Heat Pump: 1
Electric: 1
Individual: 1
2 or More Units: 1
Cooling
Electric: 1
Heat Pump: 1
Individual: 1
2 or More Units: 1
Exterior Amenities
Landscape Water System: 1
Fenced: 1
Partially Fenced: 1
Patio/Balcony: 1
Separate Storage: 1
Other (See Remarks): 1
Interior Features
Unfurnished: 1
Partially Furnished: 1
Tenant Pays
Electricity: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
Private: 1
Sewer
Sewer - Public: 1
Sewer - Private: 1
Sewer-In & Connected: 1
Other: 1
Parking Features
>1 Space Per Unit: 1
Paved: 1
Electric
APS: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
Conventional: 1
Owner May Carry: 1
Other (See Remarks): 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 5
Avg Rent: 2395
Avg SqFt: 951
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 5
Avg Rent: 2450
Avg SqFt: 1113
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Other
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Bell Rock & Hwy 179
Directions: West on Bell Rock Blvd., to property on north side of street
Geo Lat: 34.789216
Geo Lon: -111.764482
Status Change Info
Off Market Date: 2022-07-20
Under Contract Date: 2022-07-20
Close of Escrow Date: 2022-09-23
Sold Price: $3,750,000
Legal Info
Lot Number: ABCDEFGHJK&L
Income Expenses
Gross Annual Sch Inc: 296400
Net Operating Income: 271140
Property Features
Project Type: 5 - 12 Units; Other (See Remarks)
Other Type: Hotel/Motel; Other (See Remarks)
Construction: Wood Frame; Steel Frame
Const - Finish: Painted; Stucco; Brick Veneer
Roofing: Tile; Foam
Floors: Wood; Ceramic Tile; Carpet
Sale Includes: Land & Building; Laundry Equipment; Other (See Remarks)
Community Features: No Pool; Manager Res/Office; Game/Rec Room; Other; See Remarks
Exterior Amenities: Landscape Water System; Fenced; Partially Fenced; Patio/Balcony; Separate Storage; Other (See Remarks)
Interior Features: Unfurnished; Partially Furnished
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Individual; Heat Pump; 2 or More Units
Cooling: Electric; Heat Pump; Individual; 2 or More Units
Water Source: Private
Sewer: Sewer - Public; Sewer - Private; Sewer-In & Connected; Other
Electric: APS; Individual Meter
Gas: None
Parking Features: >1 Space Per Unit; Paved
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text
Lockbox Type: None
New Financing: Conventional; Owner May Carry; Other (See Remarks)
Environmental: None
Listing Office: RE/MAX Alliance Group
Last Updated: April - 12 - 2025
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