Listed by Berkshire Hathaway HomeServices Arizona Properties
$2,715,000
Cottonwood Medical Building
Details
APN 406-33-131
Property Type Office
Sub Type Medical Office, Medical/Dental
Square Footage 10,409
Units 3
Cap Rate 6.02%
NOI $163,321
Occupancy 100%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 6.02%
Pro-Forma NOI $163,321
Price per SqFt $285
Class B
Year Built 1990
Year Renovated Various
Buildings 1
Stories 1
Acreage 0.990
Zoning PAD
Parking Spaces 36 spaces
Parking per 1,000 SqFt 3.46
Investment Type Stabilized
Medical Office Building Adjacent to Verde Valley Medical Center
Marketing description
The Cottonwood Medical Building is a purpose built, fully leased, multi-tenant medical office building located on a prime lot adjacent to the Verde Valley Medical Center. The VVMC is a part of Northern Arizona Healthcare and just broke ground on a new cancer center that will serve all of northern Arizona. See Offering Memorandum.
Listing Contacts
Listed by Berkshire Hathaway HomeServices Arizona Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$163,321.00
$13,610.08/mo
Valuation Metrics
0
DSCR
6.02%
Cap Rate
6.02%
ROI
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