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

$3,750,000

Private and inviting backyard space for tenants, downstairs individual patios

Property Type: Multiple Dwellings Status: Closed

Current Price: $3,750,000 Last Modified: 4/12/2025

Overview

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!

Listing Details MLS# 6397556

Location, Tax & Legal

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
Country: US
County Code: Yavapai
Assessor Number: 405-27-269-L
Tax Year: 2021
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

Contract Info

Ownership: Fee Simple

General Property Description

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

Remarks Misc

Cross Street: Bell Rock & Hwy 179
Directions: West on Bell Rock Blvd., to property on north side of street

Status Change Info

Off Market Date: 2022-07-20
Under Contract Date: 2022-07-20
Close of Escrow Date: 2022-09-23

Legal Info

Lot Number: ABCDEFGHJK&L

More Information

Income Expenses

Gross Annual Sch Inc: 296400
Net Operating Income: 271140

1 Bedroom Units

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

2 Bedroom Units

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

Sold Info

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

Project Type

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

Other Type

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

Construction

Wood Frame: Yes
Steel Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes
Brick Veneer: Yes

Roofing

Tile: Yes
Foam: Yes

Floors

Wood: Yes
Ceramic Tile: Yes
Carpet: Yes

Sale Includes

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

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: Yes

Lockbox Type

None: Yes

Community Features

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

Heating

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

Cooling

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

Exterior Amenities

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

Interior Features

Unfurnished: Yes
Partially Furnished: Yes

Tenant Pays

Electricity: Yes
Cable TV: Yes

Appliances Included

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

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Water Source

Private: Yes

Sewer

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

Parking Features

>1 Space Per Unit: Yes
Paved: Yes

Electric

APS: Yes
Individual Meter: Yes

Gas

None: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes
Landscaping: Yes

New Financing

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

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

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