860 W Road 1 South S, Chino Valley, AZ 86323
$6,995,000
Property Type: Multiple Dwellings Status: Active
Current Price: $6,995,000 Last Modified: 3/04/2026
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.
More Information MLS# 6986983
Contract Info
Ownership: Fee Simple Current Price: $6,995,000 List Price: $6,995,000 Status: Active List Date: 2026-02-19
Location, Tax & Legal
Assessor's Map #: 29 Assessor's Parcel #: 26 Assessor Parcel Ltr: X Add'l Parcels: No Tax Municipality: Chino Valley Taxes: 38319 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 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
General Property Description
# of Buildings: 14 Uncvrd Parking Spcs: 78 Lot Size Dimensions: 340' x 618' Total # of Units: 48 Year Built: 2014 Zoning: CL
Project Type
Duplex: 1 Tri-Plex: 1 Four Plex: 1 25 - 50 Units: 1 Other (See Remarks): 1
Other Type
Other (See Remarks): 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Composition: 1
Floors
Laminate: 1 Tile: 1 Carpet: 1
Sale Includes
Land & Building: 1 Laundry Equipment: 1 Other (See Remarks): 1
Income & Expenses
Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 38319 Other Income: 6000 Vacancy Allowance: 0.03 Adjusted Gross Inc: 575016
Pmt & Rate Info
Cap Rate: 6.15 Equity: 6995000 Down Payment %: 20 Monthly Payments: 34364 Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
None: 1
Community Features
Other: 1
Heating
Forced Air: 1 Heat Pump: 1 Natural Gas: 1 Central: 1
Cooling
Central Air: 1 Heat Pump: 1 Individual: 1
Exterior Amenities
Landscape Water System: 1 Desert Landscaping: 1 Fenced: 1 Partially Fenced: 1 Patio/Balcony: 1 Pet Restrictions: 1 Separate Storage: 1 Security Light(s): 1 Other (See Remarks): 1
Interior Features
Unfurnished: 1 Fire/Smoke Alarm(s): 1 Other (See Remarks): 1
Tenant Pays
Gas: 1 Electricity: 1
Appliances Included
Dishwasher: 1 Free-Standing Gas Oven: 1 Refrigerator: 1 Free-Standing Range: 1 W/D Hookup: 1
Road Access Type
City Street: 1 Private Road: 1
Road Surface Type
Concrete: 1
Source of Fincl Data
Owner: 1
Road Responsibility
City Maintained Road: 1 Private Maintained Road: 1
Water Source
Private: 1 Domestic Well: 1 See Remarks: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1 >1 Space Per Unit: 1 Paved: 1 Garage Door Opener: 1 Add'l Parking Avail: 1 Attached Garage: 1 Off Street: 1
Electric
City Electric: 1 Underground: 1 Individual Meter: 1
Gas
SW Gas: 1 Underground: 1 Individual Meter: 1
Owner Pays
Water: 1 Sewer: 1 Trash Collection: 1 Landscaping: 1
New Financing
Cash: 1 Conventional: 1 Owner May Carry: 1 1031 Exchange: 1
Reports/Disclosures
Seller Prop Disc Stm: 1 Water Well Report: 1 Water Cap/Quality Rp: 1
Environmental
Other (See Remarks): 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 9 Avg Rent: 1050 Avg SqFt: 624 # Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 24 Avg Rent: 1113 Avg SqFt: 1013 # Baths: 24
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
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. Geo Lat: 34.739197 Geo Lon: -112.463904
Legal Info
Lot Number: X
Income Expenses
Gross Annual Sch Inc: 586800 Net Operating Income: 430114
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 - 04 - 2026
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