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515 Sunset LN Lane Sedona, AZ 86336
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Key Details
Sold Price $2,500,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,940 sqft
Price per Sqft $420
Subdivision Mtn Villa
MLS Listing ID 537668
Sold Date 04/30/25
HOA Y/N true
Year Built 1971
Annual Tax Amount $4,350
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Multi-Family
Source Sedona Verde Valley Association of REALTORS®
Property Description
INVESTOR ALERT! This 8 unit apartment complex is located in beautiful Uptown Sedona, walking distance to all of the shops/restaurants/galleries with views of Snoopy Rock and beyond. This building was built and owned by same owner/builder-family since 1971. Has always been fully rented. Owner recently remodeled 4 of the 8 units. Two units are fully furnished if new buyer wishes to do monthly furnished vacation rentals. Minimum 30 day rentals. Would make great workforce housing for any local resort, hotels, restaurant groups, etc.
Or continue on as long term or monthly rentals. Well built, well maintained investment opportunity! There are seven 2-bedroom/1-bath units, one 1-bedroom/1-bath unit. Call listing agent to view this rare opportunity in Uptown Sedona!
Location
State AZ
County Coconino
Community Mtn Villa
Direction JORDAN ROAD RIGHT ON SCHNEBLY ROAD LEFT ON SUNSET LANE
Interior
Interior Features Ceiling Fan(s)
Heating Forced Air, Electric
Cooling Central Air, Ceiling Fan(s)
Exterior
Parking Features Off Street
Building
Builder Name JOE MURPHY BUILDERS
Others
Tax ID 40114101
Acceptable Financing Cash to New Loan, 1031 Exchange, Cash
Listing Terms Cash to New Loan, 1031 Exchange, Cash
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