860 S Road 1 South, Chino Valley, AZ 86323

Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
860 S Road 1 South,Chino Valley, AZ 86323
$6,995,000
  • - Beds
  • - Baths
  • 36,210 sq. ft.
  • Multi-family
  • Active
Listed by: karen klabacha
Office: realty one group mountain desert
MLS#:1078641
Source:AZ_PAAR

Price summary

  • Price:$6,995,000
  • Price per sq. ft.:$193.18

About this home

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%

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Home facts

  • Year built:2004
  • Listing ID #:1078641
  • Added:254 day(s) ago
  • Updated:January 09, 2026 at 11:52 PM

Rooms and interior

  • Living area:36,210 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Refrigeration
  • Heating:Forced - Gas, Gas Pack, Natural Gas

Structure and exterior

  • Year built:2004
  • Building area:36,210 sq. ft.

Finances and disclosures

  • Price:$6,995,000
  • Price per sq. ft.:$193.18
  • Tax amount:$38,319 (2025)
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