Prime Multi-Family Investment Opportunity in beautiful Sedona, Arizona. Unlock the potential of this rare multi-family property in the high-demand Village of Oak Creek. With three income-generating units, this property offers a strong return on investment in Sedona's thriving rental market. Unit 1 (in front) offers 2 bed/ 2 bath with 850 sq. ft. Newly upgraded with fresh bedroom flooring, paint, and a brand new front deck. Includes a large basement/storage area, adding additional value. Both units 2 & 3 (in rear) are 1 Bed/1 Bath at 719 sq. ft. each. Featuring a private, fenced courtyard, ideal for tenant enjoyment. Unit 3 boasts a new HVAC system (April 2024). Property is on SEWER, reducing maintenance concerns. A shared laundry room with extra tenant storage enhances convenience. Current leases include monthly sewer, water, and trash collection, simplifying management and boosting cash flow.With limited multi-family inventory in this area, this is a rare chance to acquire an investment with strong appreciation potential. Act now -opportunities like this don't last long!
INVESTOR ALERT! This 8 unit apartment complex is located in beautiful Uptown Sedona, walking distance to all of the shops/restaurants/galleries with views of Snoopy Rock and beyond. This building was built and owned by same owner/builder-family since 1971. Has always been fully rented. Owner recently remodeled 4 of the 8 units. Two units are fully furnished if new buyer wishes to do monthly furnished vacation rentals. Minimum 30 day rentals. Would make great workforce housing for any local resort, hotels, restaurant groups, etc. Or continue on as long term or monthly rentals. Well built, well maintained investment opportunity! There are seven 2-bedroom/1-bath units, one 1-bedroom/1-bath unit. Call listing agent to view this rare opportunity in Uptown Sedona!
The median home value in Sedona, AZ is $840,000. This is higher than the county median home value of $490,300. The national median home value is $338,100. The average price of homes sold in Sedona, AZ is $840,000. Approximately 56.3% of Sedona homes are owned, compared to 19.98% rented, while 23.72% are vacant. Sedona real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sedona real estate agent to arrange a tour today!
Sedona, Arizona has a population of 9,723. Sedona is more family-centric than the surrounding county with 18.96% of the households containing married families with children. The county average for households married with children is 18.93%.
The median household income in Sedona, Arizona is $58,901. The median household income for the surrounding county is $56,170 compared to the national median of $69,021. The median age of people living in Sedona is 58.5 years.
The average high temperature in July is 92 degrees, with an average low temperature in January of 32 degrees. The average rainfall is approximately 23 inches per year, with 10.8 inches of snow per year.