Published on: Thursday, June 20, 2024
Updated on: Thursday, June 20, 2024
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About the Lister
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Name: Darien Degher
Company: COLDWELL BANKER COMMERCIAL NORTHLAND
Office Phone: 928-607-3749
Cell Phone: 928-607-3749
Provide Your Service
Financing  Business  Material
  Beautiful Commercial property
1037 and 1039 N. Main St Cottonwood Arizona , 86326
1037 and 1039 N. Main St Cottonwood Arizona                                                                                             , 86326COLDWELL BANKER COMMERCIAL NORTHLAND
Listing ID: CL-Arizona-10736

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 3.6
Net Operating Income: $126,400
Commission Split (%): 0
Quick Glance
Listing ID: CL-Arizona-10736
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: 100%
Year Build: 2020
Building Size: 5,000.00 SqFt
Lot Size: 4,356.00 SqFt.
No of Stories: 2
No of Parking: 3
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: Yes
Property On Ground Lease: No
Building Status: Existing
Listing Summary
A modern masterpiece within an Old Town setting. Featuring the Lofts of Old Town, an absolute turnkey mixed-use business and real estate investment opportunity, situated in the heart of vibrant Old Town Cottonwood. Bootlegger's 2 bedrooms, 2 bathrooms, size 1350sf. suit b 2 bedrooms, 2 bathrooms, size 1350 sf. Main St Loft 1 bedroom, 2 bathrooms, size 1100 sf. 1037 N. Main size 900 sf
Complete Details
Year Build: 2020
Building Size: 5,000 SqFt.
No of Stories: 2
Total Lot Area: 4356 SqFt.
No of Parking: 3
No of Total Units: 4
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Heating and Cooling
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: Yes
Business Price Included?: No
Roofing: Not Specified
Occupancy: 100%
Full Description
A modern masterpiece within an Old Town setting. Featuring the Lofts of Old Town, an absolute turnkey mixed-use business and real estate investment opportunity, situated in the heart of vibrant Old Town Cottonwood. Constructed in 2020, this two-story work of-art contains three high-end luxury residential vacation rentals and a ground level storefront retail suite, fully leased. Pride of ownership abounds as the condition of the condos is amazingly immaculate, down to the most miniscule detail. The property features two, 2bd/2ba units approximately 1,350 sf each in size, a spacious 1,100 sf 1 bd/1ba luxury unit, and a 900 sf storefront retail space with a new tenant. Each unit is self-contained with its own unique theme, woven together with the type of careful precision found only in the most luxurious homes.
Additional Properties
Property Other Use
  • Fully operational and turnkey business opportunity (VRBO) with a separate fully leased commercial unit
Property Highlights
  • Two (2) short-term vacation rentals each averaging +$40,000/year in gross rental income, and two (2) leased on 1-2 years at fair market rent with annual increases
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2024
$145,000
$0
$0
$126,400
$0
0%
Cash Flow for Current Listings
Listing Location
Attached Documents
  • Download | OM Lofts of Old Town 2024.pdf ( 11,743.70KB)
Lister's other Properties
Address: 1214 N. Main , Cottonwood Arizona 86326
Listing ID: CL-Arizona-12742
Listing Type: Commercial
Category: Land - Multifamily
Status: Active
Created On: 11/11/2024
Modified On: 11/11/2024
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Address: 106 S 9th Street , Williams Arizona 86046
Listing ID: CL-Arizona-12741
Listing Type: Commercial
Category: Retail - Mixed Use
Status: Active
Created On: 11/11/2024
Modified On: 11/11/2024
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Address: 2234 E Cedar Ave , Flagstaff Arizona 86004
Listing ID: CL-Arizona-12565
Listing Type: Commercial +Lease
Category: Retail - Other
Status: Active
Created On: 10/24/2024
Modified On: 10/24/2024
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Address: 200 S Leroux St , Flagstaff Arizona 86001
Listing ID: CL-Arizona-12514
Listing Type: Commercial +Lease
Category: Retail - Fashion Center
Status: Active
Created On: 10/22/2024
Modified On: 10/22/2024
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Address: 1417 S. Plaza Way , Flagstaff Arizona 86001
Listing ID: BZ-Arizona-12513
Listing Type: Business
Category: Retail - Restaurant
Status: Active
Created On: 10/22/2024
Modified On: 10/22/2024
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