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$8,750,000
35 Hozoni Drive
Sedona, AZ 86336
MLS# 5766433
20876 sqft


35 Hozoni Drive, Sedona, AZ 86336
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Property Description
**Ownership Retirement Investment Opportunity - Established Boutique Hotel - Strong NOI - Adobe Grand Villas** The Adobe Grand Villas is an original owner, 16-unit (18,874 sqft), boutique hotel located in Sedona, AZ (Yavapai County). AGV is more than a retreat, it's an unforgettable experience. Each of the 16 themed private villas is a complete escape as the one-of-a-kind design works in tandem with exceptional service. Adobe Grand Villas is a unique and special Sedona business for sale that is a wonderful opportunity to enjoy as an active retirement business. Other uses include conversion to an exclusive Arizona addiction rehab and wellness center, or as a fractional ownership destination property. Property tours are by appointment only. Unannounced visits are strictly prohibited.

Details
Maps
Contract Info
Current Price: $8,750,000
List Price: $8,750,000
Location, Tax & Legal
Map Code/Grid: C82
House Number: 35
Street Name: Hozoni
St Suffix: Drive
City/Town Code: Sedona
State/Province: AZ
Zip Code: 86336
Zip4: 3765
Country: USA
County Code: Yavapai
Subdivision: Adobe Grand Villas - a boutique hotel of 16 themed luxury villas.
Assessor Number: 408-24-492-F
Taxes: 40589
Marketing Name: Adobe Grand Villas
General Property Description
Approx SQFT: 20876
Year Built: 2001
Zoning: Lodging
Remarks & Misc
Geo Lat: 34.864104
Geo Lon: -111.812673
Status Change Info
Status: Active
Status Change Date: 2018-05-15
Legal Info
Township: 17N
Range: 05E
Section: 11
Lot Number: F
Income & Expenses
Owner Association: No
Operating Exp: 40589
Net Operating Income: 575750
Pmt & Rate Info
Cap Rate: 6.58
Equity: 8750000
Property Features
Building Type: Commercial; Other (See Remarks)
Current Use: Other (See Remarks)
Stories: 2 Stories
Construction: Stucco; Wood/Frame
Roofing: All Tile
Floors: Concrete; Wood; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Gas; Electric
Cooling: Central A/C
Loading Facilities: None
Interior: Finished; Smoke Detector(s); Security Light(s); Private Restrooms; Public Restrooms
Exterior: Sprinkler Sys-Ground; Landscaping; Monument Sign
Fencing: Block
Parking: Free
Electric: City Electric; Master Meter
Gas: Other (See Remarks)
Water: City Franchise
Sewer: Sewer - Public
Owner Wants: Cash Only; Owner May Carry
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Fixed
Existing 1st Ln Trms: Assume-No Qualify
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Traffic Count: Unknown
Reports/Disclosures: Seller Prop Disc Stm; ALTA Survey Availbl
Environmental: None
Supplements
The hotel rests on pristine desert landscape in southwest Sedona with privacy and views. The hotel runs smoothly and autonomously with a dedicated culinary team, maintenance and housekeeping staff and contracted spa services. Every guest is treated with care. AGV offers investors and/or operators a stabilized cash flow and seasoned staff. This is the Crown Jewel of Sedona.

Listing Office: United CountryReal Estate-Arizona Property & Auction

Last Updated: June - 01 - 2018

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Monday 25th of June 2018 04:05 PM