1765 E VILLA Drive, Cottonwood AZ 86326

Home facts

Price

$599,000

Status

Active

Baths

0

Living area

2,365 sq ft

Lot

9,492 sq ft

Year built

2009

Type

D

Pool

No

Water

Irrigation, City Franchise, Individual Meter

Sewer

No Sewer/Septic

Subdivision

COTTONWOOD COVE

MLS #

7080084

Listed by eXp Realty · 888-897-7821

Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954

About this home

A Fully-Leased Cottonwood Asset With a Proven Path to 6%. This 2,365 SF C-1 commercial building sits in Cottonwood's sought-after medical & professional corridor and offers two independent suites generating $43,200 in current gross income (approx. 5.0% cap rate), with pro forma upside to $49,200 as Suite B renews at its proven $1,500/mo rate upon lease expiration (approx. 6.0% cap rate; not guaranteed). Suite A: 6 treatment rooms, reception, lobby, break/utility room, storage - long-term lease in place. Suite B: bedroom, living room, private bath, kitchenette, private entrance - leased through 12/31/2026. Built 2009 on a 9,492 SF lot, 9 uncovered parking, ADA-accessible restrooms, showers, C-1 zoning. Rent roll and financials available on request. Owner is also listing agent

Features

Map