70 Bell Rock Boulevard 1-10, Sedona, AZ 86351

$3,750,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $3,750,000 Last Modified: 4/12/2025

Description

Priced to sell quickly: Introducing Bell View Villas at Sedona Bell Rock! This 10 unit individually parceled condo building sits in highly desirable Sedona; voted most beautiful place on earth! Comprised of spacious 1 bedroom/1 bath and 2 bedroom/1 bath units w/ample 20 parking spaces & private and inviting backyard space for the tenants. Total of 11 parcels; one common area-includes 2 (approx 16x13) storage rooms that could be leasing office and game/snacks for additional income revenue or exercise room/conference/gathering space for value add tenant amenities. Individually metered for electricity, Owner pays water/sewer/garbage. Class A interiors include granite counters in kitchen and baths, full tiled showers, stainless appliances, interior laundry, balcony/patios & more!

More Information MLS# 6397556

Contract Info

Ownership: Fee Simple Current Price: $3,750,000 Sold Price: $3,750,000 Status: Closed List Date: 2022-05-10

Location, Tax & Legal

Unit #: 1-10 Assessor's Map #: 27 Assessor's Parcel #: 269 Assessor Parcel Ltr: L Add'l Parcels: Yes Tax Municipality: Sedona Taxes: 8336 Legal: Bell Rock View Condominiums Marketing Name: Bell View Villas @ Sedona Map Code/Grid: C82 House Number: 70 Street Name: Bell Rock St Suffix: Boulevard City/Town Code: Sedona State/Province: AZ Zip Code: 86351 Zip4: 8684 County Code: Yavapai Assessor Number: 405-27-269-L Tax Year: 2021

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 20 Lot Size Dimensions: corner Total # of Units: 10 Year Built: 1979 Zoning: Condos

Project Type

5 - 12 Units: 1 Other (See Remarks): 1

Other Type

Hotel/Motel: 1 Other (See Remarks): 1

Construction

Wood Frame: 1 Steel Frame: 1

Const - Finish

Painted: 1 Stucco: 1 Brick Veneer: 1

Roofing

Tile: 1 Foam: 1

Floors

Wood: 1 Ceramic Tile: 1 Carpet: 1

Sale Includes

Land & Building: 1 Laundry Equipment: 1 Other (See Remarks): 1

Income & Expenses

Annual Elec Exp: 420 Annual Ins Exp: 8724 Annual Landscape Exp: 1200 Annual Maint Exp: 3000 Annual Trash Exp: 1140 Annual Wtr/Swr Exp: 2040 Owner Association: Yes Annual Ownr Asoc Fee: 400 Operating Exp: 25260 Other Income: 0 Vacancy Allowance: 0.05 Adjusted Gross Inc: 281580

Pmt & Rate Info

Cap Rate: 7.23 Equity: 3750000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Text: 1

Lockbox Type

None: 1

Community Features

No Pool: 1 Manager Res/Office: 1 Game/Rec Room: 1 Other: 1 See Remarks: 1

Heating

Heat Pump: 1 Electric: 1 Individual: 1 2 or More Units: 1

Cooling

Electric: 1 Heat Pump: 1 Individual: 1 2 or More Units: 1

Exterior Amenities

Landscape Water System: 1 Fenced: 1 Partially Fenced: 1 Patio/Balcony: 1 Separate Storage: 1 Other (See Remarks): 1

Interior Features

Unfurnished: 1 Partially Furnished: 1

Tenant Pays

Electricity: 1 Cable TV: 1

Appliances Included

Dishwasher: 1 Disposal: 1 Microwave: 1 Refrigerator: 1 Free-Standing Range: 1 Washer/Dryer: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Water Source

Private: 1

Sewer

Sewer - Public: 1 Sewer - Private: 1 Sewer-In & Connected: 1 Other: 1

Parking Features

>1 Space Per Unit: 1 Paved: 1

Electric

APS: 1 Individual Meter: 1

Gas

None: 1

Owner Pays

Water: 1 Sewer: 1 Trash Collection: 1 Landscaping: 1

New Financing

Conventional: 1 Owner May Carry: 1 Other (See Remarks): 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

# 1 Bedroom Units: 5 Avg Rent: 2395 Avg SqFt: 951 # Baths: 1

2 Bedroom Units

# 2 Bedroom Units: 5 Avg Rent: 2450 Avg SqFt: 1113 # Baths: 1

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Sold Info

Loan Type: Other Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Bell Rock & Hwy 179 Directions: West on Bell Rock Blvd., to property on north side of street Geo Lat: 34.789216 Geo Lon: -111.764482

Status Change Info

Off Market Date: 2022-07-20 Under Contract Date: 2022-07-20 Close of Escrow Date: 2022-09-23 Sold Price: $3,750,000

Legal Info

Lot Number: ABCDEFGHJK&L

Income Expenses

Gross Annual Sch Inc: 296400 Net Operating Income: 271140

Property Features

Project Type: 5 - 12 Units; Other (See Remarks) Other Type: Hotel/Motel; Other (See Remarks) Construction: Wood Frame; Steel Frame Const - Finish: Painted; Stucco; Brick Veneer Roofing: Tile; Foam Floors: Wood; Ceramic Tile; Carpet Sale Includes: Land & Building; Laundry Equipment; Other (See Remarks) Community Features: No Pool; Manager Res/Office; Game/Rec Room; Other; See Remarks Exterior Amenities: Landscape Water System; Fenced; Partially Fenced; Patio/Balcony; Separate Storage; Other (See Remarks) Interior Features: Unfurnished; Partially Furnished Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Individual; Heat Pump; 2 or More Units Cooling: Electric; Heat Pump; Individual; 2 or More Units Water Source: Private Sewer: Sewer - Public; Sewer - Private; Sewer-In & Connected; Other Electric: APS; Individual Meter Gas: None Parking Features: >1 Space Per Unit; Paved Road Surface Type: Asphalt Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text Lockbox Type: None New Financing: Conventional; Owner May Carry; Other (See Remarks) Environmental: None
Listing Office: RE/MAX Alliance Group
Last Updated: April - 12 - 2025
70 Bell Rock Boulevard 1-10, Sedona, AZ 86351- MLS# 6397556
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