The Property
This mixed-use property located in a C3/CG zoning district is situated within an opportunity zone, making it a desirable investment opportunity. The property is currently vacant and available for immediate use.
The property features six one-bedroom apartments and a vacant lot that can be developed. The front commercial building was previously utilized as a recording studio and is partially soundproofed with upgraded IT wiring. The building also includes a spacious conference area, which would be ideal for an event planner. The rear building contains private offices, a sizable conference room, and a formal reception area.
The exterior of the property has a charming Santa Fe architectural design and includes courtyards in the rear, which provide a peaceful and attractive sitting area.
The building is in excellent condition, and a full inspection report is available for review. All financial figures presented are proforma, and buyers are advised to conduct their due diligence and verify all information.
Overall, this property presents a unique opportunity for investors looking to capitalize on the benefits of an opportunity zone while owning a mixed-use property with diverse income streams.
If you‘re interested in exploring the features of this property without leaving the comfort of your home, I highly recommend checking out the virtual tour. By clicking on the link provided, you’ll have the opportunity to experience a 360-degree view of the property, giving you a more immersive and interactive perspective. So why not take advantage of this convenient and innovative tool and discover what this property has to offer?
Location-Wickenburg is GROWING!
Wickenburg, Arizona is a small town located in Maricopa County, known for its western history and beautiful desert landscapes. The town has a rich history of cowboys, cattle ranches, and gold mining, which is evident in its numerous museums and historic sites. Visitors can enjoy hiking and exploring the desert terrain, or take a guided horseback ride through the Sonoran Desert. The town’s year-round sunny weather makes it an ideal location for outdoor enthusiasts.
Despite its charming atmosphere, Wickenburg is not immune to the nationwide problem of substance abuse. The town has several substance abuse rehab centers that provide various levels of care to individuals struggling with addiction. The centers offer a range of services, including detoxification, individual and group counseling, and aftercare support to help patients maintain their sobriety. The facilities provide a safe and supportive environment where patients can focus on their recovery and build a foundation for a healthier lifestyle.
One of the substance abuse rehab centers in Wickenburg is The River Source. This facility offers a holistic approach to addiction treatment, incorporating traditional and alternative therapies to promote physical, emotional, and spiritual healing. The program includes medical detoxification, individual and group counseling, and aftercare support to help patients maintain their sobriety after leaving the facility. The River Source also provides specialized care for patients with co-occurring mental health disorders.
Another rehab center in Wickenburg is The Meadows. This facility specializes in treating addiction and trauma-related disorders, such as PTSD and complex trauma. The program includes individual and group counseling, equine therapy, and experiential therapies to help patients address underlying issues that contribute to their addiction. The Meadows also offers a family program to help loved ones understand and support their family member’s recovery process.
Wickenburg’s substance abuse rehab centers play an essential role in the community by providing life-saving services to individuals struggling with addiction. The facilities not only help patients overcome their addiction but also provide them with the tools and support they need to build a healthy, fulfilling life in recovery. By addressing addiction at the individual level, rehab centers help to reduce the impact of substance abuse on families, communities, and society as a whole.
In addition to its rehab centers, Wickenburg also has a strong recovery community that provides support and resources to individuals in recovery. The community offers 12-step meetings, sober living homes, and other resources to help individuals maintain their sobriety and build a network of support. The recovery community in Wickenburg reflects the town’s values of community and resilience, providing hope and encouragement to those struggling with addiction.
Overall, Wickenburg, Arizona, offers a unique blend of history, natural beauty, and recovery resources. Its substance abuse rehab centers are an essential component of the town’s healthcare system, providing critical services to individuals struggling with addiction. Through its commitment to recovery, Wickenburg serves as a beacon of hope for individuals and families affected by addiction.
$2,395,000
Sale Price
$213,303
Effective Operating Income
$15,270
Operating Expenses
$198,033
Net Operating Income
8.27%
Cap Rate
Offering Memorandum
To access the Offering Memorandum or the one page Flyer, simply click on the button located below. From there, you’ll be able to download the document in PDF format.
Our Offering Memorandum is an essential resource for anyone who is considering investing in our opportunity. It includes all the necessary information, such as the investment terms, potential risks, financial projections, and more. By reviewing this document, you’ll have a complete understanding of what the investment entails.
If you have any questions or would like to learn more about our investment opportunity, please don’t hesitate to reach out to us. We’re always happy to answer any questions and provide you with the information you need to make an informed decision.
Thank you for considering our investment opportunity, and we hope to hear from you soon!
We‘d like to invite you to check out the additional photos we have uploaded to our website for our property. These photos offer a more detailed view of the property from various angles and perspectives, giving you a better understanding of its layout and features. Take a few moments to browse through these photos to see for yourself what our property has to offer. We believe that they will provide you with a better insight into our property. Thank you for considering our property, and please don’t hesitate to contact us if you have any questions.
Stay on top of what’s happening in Arizona Real Estate!
Make sure you check out Linda’s new book: Linda Gerchick’s Practical Guide to Commercial Real Estate. Now available on Amazon!
"Make the Market WORK For You"™
Travis Bohling-Homeladder Property Management