Extremely rare multifamily opportunity in Uptown Sedona. See attached pro forma in OM or on broker website mmpropsaz.com. Potential NOI of $320,324 year 1 as long term rental only (see attached OM). Comprehensive inspection report (2023) available upon providing proof of funds. All units on short term or m-t-m leases for quick renovation/conversion. All units currently configured as 1 BR / 1 BA but can be 2 BR by converting den. After closing - condominiumize to be able to do STR in this RM-3 zoning.
IDX information provided by the Sedona Verde Valley Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Updated: 3rd June, 2023 1:12 AM (UTC)
Listing Office: McMahon & Miller Commercial Real Estate, LLC