427 N 15th St - Specialty FOR SALE


Cottonwood, AZ 86326
$1,195,000 USD
602-688-9279
427 N 15th St, Cottonwood, AZ for Sale
$1,195,000 USD
Specialty - FOR SALE
1/37
null | 5.83% Cap Rate

NEW


427 N 15th St
Cottonwood, AZ 86326


HIGHLIGHTS

  • 10-Space RV Park Plus Single-Family Residence** providing multiple income streams from one property.
  • Established Rental Operation** with all tenant payments reported current
  • Additional Coin-Operated Laundry Income** from the on-site washer and dryer.
  • Separately Metered RV Electric** allows tenants to pay their individual electricity usage.
  • Strong Value-Add Opportunity** through potential RV space rent increases and higher house rent
  • Projected Gross Revenue of Approximately $91,320 Annually** if all 10 spaces are rented at $600 per month and the house at $1,500 per month.

OVERVIEW

The Property Located in the heart of Cottonwood, this quiet and well-kept RV park offers a unique investment opportunity with 10 RV spaces currently occupied by long-term residents, providing immediate in-place income and future upside. All RV space leases are month-to-month, creating an excellent opportunity for a new owner to increase rents over time. The property also includes a one-bedroom single-family home, currently leased to a sober living organization for $1,200 per month, but it would also make an ideal owner’s residence or manager’s home. The property shows pride of ownership and features attractive touches throughout, including mature landscaping, shade trees, white picket fencing, and a neat, welcoming atmosphere. The single-family home appears nicely maintained with a bright interior, updated finishes, a charming dining nook, and an attractive bathroom. Residents also enjoy a common laundry room with coin-operated machines as well as a community BBQ area, adding convenience and appeal for tenants. The park is very quiet and offers a comfortable setting for long-term occupancy. Cottonwood is one of the Verde Valley’s most desirable communities, known for its small-town charm, beautiful scenery, and strong tourism draw. The property is ideally situated between Jerome, Sedona, and Camp Verde, placing it near some of Northern Arizona’s most popular attractions. Nearby highlights include Old Town Cottonwood, with its shops, restaurants, tasting rooms, and local events, as well as Tuzigoot National Monument, Dead Horse Ranch State Park, the Verde River, hiking and biking trails, wine country destinations, and countless outdoor recreation opportunities. This central location makes the property appealing for both residents and investors looking to benefit from the continued popularity of the Verde Valley. Buyer to verify all facts, figures, measurements, rents, lease terms, zoning, and any other material information. Blog Meet With Linda Members Area 427 N 15th St, Cottonwood, AZ 86326 10 RV Spaces and one Single Family Home The Property Located in the heart of Cottonwood, this quiet and well-kept RV park offers a unique investment opportunity with 10 RV spaces currently occupied by long-term residents, providing immediate in-place income and future upside. All RV space leases are month-to-month, creating an excellent opportunity for a new owner to increase rents over time. The property also includes a one-bedroom single-family home, currently leased to a sober living organization for $1,200 per month, but it would also make an ideal owner’s residence or manager’s home. The property shows pride of ownership and features attractive touches throughout, including mature landscaping, shade trees, white picket fencing, and a neat, welcoming atmosphere. The single-family home appears nicely maintained with a bright interior, updated finishes, a charming dining nook, and an attractive bathroom. Residents also enjoy a common laundry room with coin-operated machines as well as a community BBQ area, adding convenience and appeal for tenants. The park is very quiet and offers a comfortable setting for long-term occupancy. Cottonwood is one of the Verde Valley’s most desirable communities, known for its small-town charm, beautiful scenery, and strong tourism draw. The property is ideally situated between Jerome, Sedona, and Camp Verde, placing it near some of Northern Arizona’s most popular attractions. Nearby highlights include Old Town Cottonwood, with its shops, restaurants, tasting rooms, and local events, as well as Tuzigoot National Monument, Dead Horse Ranch State Park, the Verde River, hiking and biking trails, wine country destinations, and countless outdoor recreation opportunities. This central location makes the property appealing for both residents and investors looking to benefit from the continued popularity of the Verde Valley. Buyer to verify all facts, figures, measurements, rents, lease terms, zoning, and any other material information. https://tours.arizonarealtours.com/2398216 Virtual Tour-Check it out! If you‘re interested in exploring the features of this property without leaving the comfort of your home, I highly recommend checking out the virtual tour. By clicking on the link provided, you’ll have the opportunity to experience a 360-degree view of the property, giving you a more immersive and interactive perspective. So why not take advantage of this convenient and innovative tool and discover what this property has to offer? Location Cottonwood, Arizona — Location Overview Cottonwood is located in the heart of Arizona’s scenic Verde Valley, along the Verde River and between the communities of Sedona, Jerome, Clarkdale and Camp Verde. With an estimated 2025 population of approximately 12,700 residents, Cottonwood combines the convenience of a regional commercial center with the relaxed character of a smaller Arizona community. Its elevation of roughly 3,300 to 3,900 feet provides a generally milder climate than the Phoenix metropolitan area. (Census.gov) Major Employers and Economic Base Cottonwood serves as an employment, healthcare, retail and service hub for much of the Verde Valley. Major employment sectors include: Healthcare and medical services, led by Verde Valley Medical Center and Northern Arizona Healthcare Public education, including the Cottonwood-Oak Creek School District and Mingus Union High School District Municipal and government services through the City of Cottonwood Retail and consumer services, including major employers such as Walmart, Home Depot, Fry’s Food Stores, Safeway and Food City Hospitality, restaurants, wineries, tourism and recreation-related businesses The city actively supports business attraction, expansion, redevelopment and tourism-related economic development. (Cottonwood AZ) Tourism and Area Attractions Cottonwood is widely recognized as the heart of the Verde Valley wine region. Historic Old Town Cottonwood features a walkable Main Street lined with tasting rooms, restaurants, cafés, boutiques, antique stores, galleries and locally owned businesses. The Verde Valley Wine Trail connects Cottonwood with numerous nearby wineries, vineyards and tasting destinations. (Old Town Cottonwood) Nearby attractions include: Sedona: A convenient drive from Cottonwood, Sedona is internationally known for its red-rock scenery, art galleries, Jeep tours and more than 300 miles of hiking and biking trails. (Visit Sedona) Jerome: The historic hillside mining town of Jerome overlooks Cottonwood and the Verde Valley. Today, it is a popular visitor destination featuring historic buildings, museums, galleries, restaurants, specialty shops and sweeping valley views. (Visit Arizona) Tuzigoot National Monument: Located just outside Cottonwood, Tuzigoot preserves a historic 110-room hilltop pueblo built by the Sinagua people approximately 1,000 years ago. Visitors can explore the pueblo, museum and trails overlooking

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$1,755 USD /SF

CAP RATE

5.83%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Cottonwood RV Park + Home | 10 Occupied Space

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

-

APN/PARCEL ID

406-37-222

ASK ABOUT THIS PROPERTY

Linda GerchickGerchick Real EstateMore Info
602-688-9279

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Linda GerchickGerchick Real EstateMore Info
602-688-9279

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.