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32392282
32392283

718 North Main Street, Cottonwood, AZ 86326 For Sale

CB
AZ SA563864000
Land Advisors Organization Scottsdale
Listed by Land Advisors Organization Scottsdale
$2,900,000
96 days on market
Updated 43 days ago

Main Street BTR Development- Cottonwood

Details
APN 406-42-014
Property Type Multifamily, Land
Sub Type Residential, Commercial
Square Footage 399,402
Units 48
Price per SqFt $7
Acreage 9.170
Zoning CR (Commercial-Residential)
Sale Condition N/A

Approved for 48 one-story rental units

Marketing description

The property is ideally located within walking distance of the shops and dining in historic Old Town Cottonwood, as well as the Verde River and Riverfront Park, Cottonwood's largest park featuring a softball complex, playground, disc golf course, dog park, skate park, and an inline hockey rink. Dead Horse Ranch State Park is just over a mile to the north while Sedona, world-renowned for its spectacular red rock buttes, exquisite dining, spas and art galleries, is a short 20-minute drive.

Investment highlights

This shovel ready build-to-rent development opportunity includes an approved plan for 48 one-story rental units. The duplex units offer both one and two bedrooms. Building permits have been issued, however due to the length of time since approval, the approvals and permits are set to expire in July, 2026.

Listing Contacts

CB
AZ SA563864000
Land Advisors Organization Scottsdale
Listed by Land Advisors Organization Scottsdale

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Additional Information

Name
Capri Barney
License
SZ563864000
Brokerage
Land Advisors Organization
Title
Broker of Record
Brokerage Address
4900 N Scottsdale Road, Suite 3000, Scottsdale, AZ 85251
Name
Capri Barney
License
SA563864000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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