860 W Road 1 South S, Chino Valley, AZ 86323

$6,750,000

front gate to residential area of complex

back patio and fenced yard of a 4plex unit

Property Type: Multiple Dwellings Status: Active

Current Price: $6,750,000 Last Modified: 3/16/2026

Overview

Description

Whispering Winds is a multi-family mixed use property in the middle of town. It has excellent property management and is 100% occupied. The property consists of 2 commercial buildings w/ 3 office spaces each. Attached to the backside of the office spaces are 9 storage units with internal doors and also exterior rollup doors, and finished with sheetrock and lighting. Gated residential area has 6 duplexes w/ attached one car garages, back patios and fence yards; 3 triplexes, 1 br/1 bath, w/ storage rm, back patios and fenced yards. All built in 2004 w/ new roofs in 2018. There are also, 3 fourplexes, each built in 2018 w/ upgraded interiors. Lg common laundry rm for complex. Each unit is separately metered for water & gas. Property has its own private water company and is on town sewer.

Listing Details MLS# 6986983

Location, Tax & Legal

House Number: 860
Compass: W
Street Name: Road 1 South
St Suffix: --
St Dir Sfx: S
City/Town Code: Chino Valley
State/Province: AZ
Zip Code: 86323
County Code: Yavapai
Assessor Number: 309-29-026-X
Tax Year: 2025
Assessor's Map #: 29
Assessor's Parcel #: 26
Assessor Parcel Ltr: X
Add'l Parcels: No
Tax Municipality: Chino Valley
Taxes: 38804
Legal: A RECT PCL LYNG IN THE SW4NW4 SEC 27 W/ SW COR LYNG APPROX 340'E&25' N OF THE W4 COR SEC 27-16-2W CONT 4.82AC 3042/465
Marketing Name: Whispering Winds

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 340' x 618'
Year Built: 2014
Uncvrd Parking Spcs: 78
Total # of Units: 48
# of Buildings: 14
Zoning: CL

Remarks Misc

Cross Street: Hwy 89 & Road 1 South
Directions: State Route 89 heading N into the town of Chino Valley, turn west (L) at Road 1 South. Approx 0.5 mile, property is on the right. Name of complex is Whispering Winds.

Legal Info

Lot Number: X

Income Expenses

Gross Annual Sch Inc: 597480
Net Operating Income: 434334

More Information

Showing Notification Methods

Showing Service: No Showing Service Used

1 Bedroom Units

# 1 Bedroom Units: 9
Avg Rent: 1050
Avg SqFt: 624
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: 24
Avg Rent: 1550
Avg SqFt: 1013
# Baths: 24

Project Type

Duplex: Yes
Tri-Plex: Yes
Four Plex: Yes
25 - 50 Units: Yes
Other (See Remarks): Yes

Other Type

Other (See Remarks): Yes

Construction

Wood Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Composition: Yes

Floors

Laminate: Yes
Tile: Yes
Carpet: Yes

Sale Includes

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

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 38804
Other Income: 0
Vacancy Allowance: 0.03
Adjusted Gross Inc: 579555.6

Pmt & Rate Info

Cap Rate: 6.43
Equity: 6750000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

Other: Yes

Heating

Forced Air: Yes
Heat Pump: Yes
Natural Gas: Yes
Central: Yes

Cooling

Central Air: Yes
Heat Pump: Yes
Individual: Yes

Exterior Amenities

Landscape Water System: Yes
Desert Landscaping: Yes
Fenced: Yes
Partially Fenced: Yes
Patio/Balcony: Yes
Pet Restrictions: Yes
Separate Storage: Yes
Security Light(s): Yes
Other (See Remarks): Yes

Interior Features

Unfurnished: Yes
Fire/Smoke Alarm(s): Yes
Other (See Remarks): Yes

Tenant Pays

Gas: Yes
Electricity: Yes

Appliances Included

Dishwasher: Yes
Free-Standing Gas Oven: Yes
Refrigerator: Yes
Free-Standing Range: Yes
W/D Hookup: Yes

Road Access Type

City Street: Yes
Private Road: Yes

Road Surface Type

Concrete: Yes

Source of Fincl Data

Owner: Yes

Road Responsibility

City Maintained Road: Yes
Private Maintained Road: Yes

Water Source

Private: Yes
Domestic Well: Yes
See Remarks: Yes

Sewer

Sewer - Public: Yes

Parking Features

Free: Yes
>1 Space Per Unit: Yes
Paved: Yes
Garage Door Opener: Yes
Add'l Parking Avail: Yes
Attached Garage: Yes
Off Street: Yes

Electric

City Electric: Yes
Underground: Yes
Individual Meter: Yes

Gas

SW Gas: Yes
Underground: Yes
Individual Meter: Yes

Owner Pays

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

New Financing

Cash: Yes
Conventional: Yes
Owner May Carry: Yes
1031 Exchange: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes
Water Well Report: Yes
Water Cap/Quality Rp: Yes

Environmental

Other (See Remarks): Yes

Efficiency Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Duplex; Tri-Plex; Four Plex; 25 - 50 Units; Other (See Remarks) Other Type: Other (See Remarks) Construction: Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Laminate; Tile; Carpet Sale Includes: Land & Building; Laundry Equipment; Other (See Remarks) Community Features: Other Exterior Amenities: Landscape Water System; Desert Landscaping; Fenced; Partially Fenced; Patio/Balcony; Pet Restrictions; Separate Storage; Security Light(s); Other (See Remarks) Interior Features: Unfurnished; Fire/Smoke Alarm(s); Other (See Remarks) Appliances Included: Free-Standing Gas Oven; Free-Standing Range; Refrigerator; Dishwasher; W/D Hookup Heating: Forced Air; Natural Gas; Central; Heat Pump Cooling: Heat Pump; Individual; Central Air Water Source: Private; Domestic Well; See Remarks Sewer: Sewer - Public Electric: City Electric; Underground; Individual Meter Gas: SW Gas; Underground; Individual Meter Parking Features: >1 Space Per Unit; Garage Door Opener; Add'l Parking Avail; Free; Paved; Attached Garage; Off Street Road Access Type: City Street; Private Road Road Surface Type: Concrete Road Responsibility: City Maintained Road; Private Maintained Road Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Gas Source of Fincl Data: Owner Lockbox Type: None New Financing: Cash; Conventional; Owner May Carry; 1031 Exchange Environmental: Other (See Remarks)

Listing Office: RealtyONEGroup Mountain Desert

Last Updated: March - 16 - 2026