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225 Oak Creek Blvd, Sedona, AZ 86336

$575,000

  • Sold
  • Closed
  • Multi-Family
225 Oak Creek Blvd, Sedona, AZ 86336View this property at 225 Oak Creek Blvd, Sedona, AZ 86336
225 Oak Creek BlvdSedonaAZ86336
Map & Location
Street View
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.

Full Property Details for 225 Oak Creek Blvd

General

  • Sold For: $575,000
  • Taxes: $1,949 (2017)
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 507587
  • Added: 1, 025 day(s) ago

Business

  • Business Type: MHP

Interior

  • Interior Features: Laundry Room, Microwave, Disposal, Refrigerator, Ceiling Fan, Fire/Smoke Alarm
  • Flooring: Carpet, Laminate, Vinyl

Rooms

Bathrooms

  • Bathroom Features: Interior

Additional Information

  • Shared Amenities: None

Exterior

  • Exterior Features: Landscape, Patio/Deck

Parking

  • Parking Features: Off Street

Location

  • Area: 42 - West Sedona
  • County: Yavapai
  • Subdivision: Under 5 Acres

Community

  • Pet Restrictions: Yes
  • Mgmt. Company: Owner

Heating & Cooling

  • Cooling Type: Heat Pump, Room Refrigeration, Evaporative
  • Heating Type: Forced - Gas
  • Heating/Cooling: Electric, Natural Gas

Utilities

  • Utility Description: Cable TV, Natural Gas, Telephone, Private Water, Electricity, Sewer (City), 220, Master Meter, Individual Meter, Underground

Structural Information

  • Construction: Metal, Frame - Wood
  • Roof: Comp Shingle, Metal
  • Finished Total: 5,916 Sq. Ft.
  • Year Built: 1971

Unit Information

  • Unit Description: 5 or More Units

Lot Features

  • Lot Size (Acres): 0.49
  • Street/Road Desc.: Paved, City
  • Road Maintenance: City Maintained

Financial Considerations

  • Tax Amount: $1,949
  • Tax Year: 2017

Disclosures and Reports

  • Special Conditions: Other - See Remarks
  • APN: 408-26-048

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Schools

Schools serving 225 Oak Creek Blvd

School District:Sedona-Oak Creek Jusd #9
Score
Name
Grades
Distance
2
570 Posse Ground Rd, Sedona, AZ 86336
K-8
0.8 mi
8
995 Upper Red Rock Loop Rd, Sedona, AZ 86336
9-12
2.6 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 225 Oak Creek Blvd

Date
Details
Price
Change
Source
11/30/2017
Price Increased
$600,000
4.35%
MLS
11/07/2017
Price Increased
$575,000
1.05%
MLS
7/08/2016
Price Reduced
$569,000
-1.04%
MLS
10/28/2015
Sold
$575,000
2.86%
MLS
10/28/2015
Listed
$559,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Community Info

Community Info for 225 Oak Creek Blvd

Listed by Sound Investments

225 Oak Creek Blvd, Sedona, AZ 86336 (MLS# 507587) is a Multi-Family property that was sold at $575,000 on October 28, 2015. Want to learn more about 225 Oak Creek Blvd? Do you have questions about finding other Multi-Family real estate for sale in Sedona? You can browse all Sedona real estate or contact a Coldwell Banker agent to request more information.