35 Hozoni Drive, Sedona, AZ 86336
$7,880,000
Property Type:
Comm/Industry Sale
Square Footage:
20,876
Lot Size (sq. ft.):
48,787
Status:
Closed
Current Price:
$7,880,000
List Date:
5/15/2018
Last Modified:
1/07/2025
Overview
Description
Supplements: ... (Read more) 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 Details MLS# 5766433
Location, Tax & Legal
- Assessor's Map #
- 24
- Legal Description (Abbrev)
- AN IRREG PCL IN THE SW4SW4 SW COR LYNG APPROX 820'N OF SW COR OF SE 11-17-5E CONT 1.12AC 3429/254
- Assessor's Parcel #
- 492
- Assessor Parcel Ltr
- F
- Add'l Parcels
- No
- Tax Municipality
- Sedona
- Census Tract
- 1802
- Taxes
- 40589
- Legal
- AN IRREG PCL IN THE SW4SW4 SW COR LYNG APPROX 820'N OF SW COR OF SE 11-17-5E CONT 1.12AC 3429/254
- Marketing Name
- Adobe Grand Villas
Contract Info
- Ownership
- Fee Simple
General Property Description
- Type of Property
- Boutique Hotel
- Ttl Apx SqFt Bldg
- 20876
- # of Buildings
- 6
- Uncvrd Parking Spcs
- 20
Legal Info
- Range
- 05E
- Section
- 11
Construction
- Stucco
- Yes
- Wood Frame
- Yes
Roofing
- Tile
- Yes
More Information
Floors
- Concrete
- Yes
- Wood
- Yes
- Carpet
- Yes
Income & Expenses
- Annual Elec Exp
- 0
- Annual Gas Exp
- 0
- Annual Ins Exp
- 0
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 0
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 0
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 0
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Operating Exp
- 40589
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 0
Building Type
- Commercial
- Yes
- Other (See Remarks)
- Yes
Business Type
- Other
- Yes
- See Remarks
- Yes
Stories
- 2 Stories
- Yes
Pmt & Rate Info
- Cap Rate
- 6.58
- Down Payment
- 0
- Equity
- 8750000
- Total Owed
- 0
- Assessment Balance
- 0
Ceiling Height
- 8.1 Feet to 10 Feet
- Yes
Heating
- Electric
- Yes
- Natural Gas
- Yes
Cooling
- Central Air
- Yes
Interior Features
- Finished
- Yes
- Smoke Detector(s)
- Yes
- Security Light(s)
- Yes
- Private Restrooms
- Yes
- Public Restrooms
- Yes
Loading Facilities
- None
- Yes
Exterior
- Sprinkler System-Ground
- Yes
- Landscaping
- Yes
- Monument Sign
- Yes
Source of Fincl Data
- Owner
- Yes
Traffic Count
- Unknown
- Yes
Fencing
- Block
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Free
- Yes
Electric
- City Electric
- Yes
- Master Meter
- Yes
Gas
- Other (See Remarks)
- Yes
New Financing
- Cash Only
- Yes
- Owner May Carry
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Fixed
- Yes
Existing 1st Loan Terms
- Assume-No Qualify
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
- ALTA Survey Availbl
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Sold Info
- Loan Type
- Cash
- Payment Type
- Fixed
- Clsing Cost Split
- Normal - N
- Buyer Concession to Seller
- 0
- Buyer Concession $/%
- $
- Seller Concession to Buyer
- 45000
- Seller Concession $/%
- $
Listing Office:
United CountryReal Estate-Arizona Property & Auction
Last Updated: January - 07 - 2025
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