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860 Road 1 S
Chino Valley AZ 86323 US

$6,995,000

Active Listing ID 1078641
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5 bed
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Lot: 4.82 Acres
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Other

$6,995,000

Active Listing ID 1078641
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860 Road 1 S State Route 89 heading N, turn west (L) at Road 1 South. Approx 0.5 mile, property is on the right. Name of complex is Whispering Winds.Remarks: 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. Actual cap rate of 5.98% can easily be increased to 6.34% by increasing below market rental leases expiring 2/28/26 to market rental rates. Seller Carryback possible with 50% down payment.

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Property Features

  • Facts
  • Lot Size: 4.82 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Gas (Cooling), Ceiling Fan(s), Central Air
  • Exterior Finish: Fence, Laundry Facilities, Balcony, Storage, Sprinkler/Drip
  • Floor Covering: Tile, Vinyl, Laminate, Carpet
  • Roof Type: Asphalt
  • Heating Fuels: Natural Gas

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 6995000
  • unparsedaddress: 860 Road 1 S
  • postalcity: Chino Valley
  • stateorprovince: AZ
  • country: US
  • postalcode: 86323
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 4.82
  • lotsizeunits: Acres
  • lotsizearea: 4.82
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 34.738413
  • longitude: -112.463658
  • listagentfullname: Karen Klabacha
  • listagentemail: klabacha@gmail.com
  • listagentkey: 3yd-PAARAZ-4206
  • listagentmlsid: 4206
  • listagentpreferredphone: 9282730456
  • listagentofficephone: 9284402522
  • listofficekey: 3yd-PAARAZ-5542000
  • listofficemlsid: 5542000
  • disclaimer: Copyright © 2026 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: PAARAZ
  • yearbuilt: 2004
  • listingcontractdate: 2026-01-09
  • listagentfax: 9285414299
  • listagenturl: http://www.realtyonegrouparizona.com
  • countyorparish: Yavapai
  • cooling: Gas (Cooling), Ceiling Fan(s), Central Air
  • constructionmaterials: Frame, Stucco
  • flooring: Tile, Vinyl, Laminate, Carpet
  • heating: Natural Gas
  • numberofunitstotal: 48
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Asphalt
  • waterfrontyn: False
  • franchiseaffiliation: Realty ONE Group
  • exteriorfeatures: Fence, Laundry Facilities, Balcony, Storage, Sprinkler/Drip
  • rooms: Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 3, Bathroom 5
  • otherstructures: Storage
  • utilities: Cable Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • fencing: Fenced
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -112.46366, 34.738415
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Realty ONE Group Mountain Desert", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"klabacha@gmail.com", "ListBrokerageCity":"Prescott", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@rogmd.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/PAARAZ/3edae911edcd11e4b93556c70be610a9/20170720061645551.png", "ListBrokerageName":"Realty ONE Group Mountain Desert", "ListBrokeragePhone":"(928) 680-7350", "ListBrokeragePostalCode":"86301", "ListBrokerageStateOrProvince":"AZ", "ListBrokerageUnitNumber":"200", "ListBrokerageUnparsedAddress":"100 E. Sheldon St.", "ListBrokerageWebsiteUrl":"http://www.realtyonegrouparizona.com", "ListOfficeAddress1":"100 E Sheldon Street Suite 200", "ListOfficeAddress2":"200", "ListOfficeBrokerMlsId":"5542000", "ListOfficeCity":"Prescott", "ListOfficeCountry":"USA", "ListOfficeEmail":"broker@rogmd.com", "ListOfficePostalCode":"86301", "ListOfficeStateOrProvince":"AZ", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Chino Valley, AZ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/860-Rd-1S_Chino-Valley_AZ_86323_M90828-35714?f=listhub&s=PAARAZ&m=1078641&c=rexren", "MLSModificationTimestamp":"2026-01-10 04:02:22", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":38319, "TaxDescription":"A RECT PCL LYNG IN THE SW4NW4 SEC 27 WITH THE SW COR LYNG APPROX 340'E & 25' N OF THE W4 COR SEC 27-16-2W CONT 4.82AC 3042/465", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/10/2026 4:11:19 AM GMT
Source Updated Date: 1/12/2026 6:48:09 PM GMT

Courtesy of: Karen Klabacha, Realty ONE Group Mountain Desert, klabacha@gmail.com

Copyright © 2026 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.