110 Center StChino Valley, AZ 86323

Property Details for 110 Center St

Year built

1998

Construction

STEEL FRAME

Lot size

0.43 AC

Property size (Sq ft)

1,440 SF

Property type

Office buildings

APN

306-23-059R

APU

30623059R

Description

Pueblo del Centro, located at 110 W Center St, Chino Valley, AZ 86323, presents a compelling mixed-use investment opportunity. This 13,856 square foot property, situated on 2.17 acres, comprises eight buildings constructed in 1998 and extensively renovated in 2022. The complex includes four duplexes, each offering 904 square feet with two bedrooms, two bathrooms, a one-car garage, and a private fenced patio. Two triplex buildings provide six units, each measuring 626 square feet with one bedroom, one bathroom, and a private fenced patio. Additionally, two 1,440 square foot office buildings, each containing two suites, contribute to the property's diverse income streams. A shared laundry facility adds convenience for residents. All units have individually metered electric and gas. A private well with a 7,000-gallon underground tank ensures water independence. Significant improvements completed in 2021 include roof replacements and HVAC unit upgrades for all duplexes and triplexes. The property boasts a low vacancy rate and benefits from its central Chino Valley location within the Prescott quad-city area, a growing region of central Arizona. The owner is open to selling this property separately or together with another property located at 860 Road 1 South, Chino Valley, Arizona. This well-managed complex offers a stable investment opportunity in a thriving market. The property's APN is 306-23-059R, 306-23-059Q.

• CAP approach

  CAP return

  Valuation

  6%

  $230,851

  6.5%

  $213,094

  7%

  $197,873

• Comparable approach

  Method

  Valuation

  Relative Method

  $221,976

  Geo Method

  $221,976

• Alternative Use

  Use

  Valuation

  Residential

  $264,236

  Hospitality

  $242,039

  Educational

  $201,373

  Medical

  $208,299

  Retail

  $313,247

Location Insight

City

Chino Valley

County

Yavapai

State

Arizona

Latitude

34.7458

Longitude

-112.456

CBSA code

39150

CBSA name

PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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