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427 N 15TH Street, Cottonwood, AZ 86326
New ListingOverview
Description
Supplements: ... (Read more) The property shows pride of ownership and features attractive touches throughout, including mature landscaping, shade trees, white picket fencing, and a neat, welcoming atmosphere. The single-family home appears nicely maintained with a bright interior, updated finishes, a charming dining nook, and an attractive bathroom. Residents also enjoy a common laundry room with coin-operated machines as well as a community BBQ area, adding convenience and appeal for tenants. The park is very quiet and offers a comfortable setting for long-term occupancy. Cottonwood is one of the Verde Valley's most desirable communities, known for its small-town charm, beautiful scenery, and strong tourism draw. The property is ideally situated between Jerome, Sedona, and Camp Verde, placing it near some of Northern Arizona's most popular attractions. Nearby highlights include Old Town Cottonwood, with its shops, restaurants, tasting rooms, and local events, as well as Tuzigoot National Monument, Dead Horse Ranch State Park, the Verde River, hiking and biking trails, wine country destinations, and countless outdoor recreation opportunities. This central location makes the property appealing for both residents and investors looking to benefit from the continued popularity of the Verde Valley. Buyer to verify all facts, figures, measurements, rents, lease terms, zoning, and any other material information. Cottonwood is located in the heart of Arizona's scenic Verde Valley, along the Verde River and between the communities of Sedona, Jerome, Clarkdale and Camp Verde. With an estimated 2025 population of approximately **12,700 residents**, Cottonwood combines the convenience of a regional commercial center with the relaxed character of a smaller Arizona community. Its elevation of roughly 3,300 to 3,900 feet provides a generally milder climate than the Phoenix metropolitan area. ### Major Employers and Economic Base Cottonwood serves as an employment, healthcare, retail and service hub for much of the Verde Valley. Major employment sectors include: * Healthcare and medical services, led by **Verde Valley Medical Center and Northern Arizona Healthcare** * Public education, including the **Cottonwood-Oak Creek School District** and **Mingus Union High School District** * Municipal and government services through the **City of Cottonwood** * Retail and consumer services, including major employers such as **Walmart, Home Depot, Fry's Food Stores, Safeway and Food City** * Hospitality, restaurants, wineries, tourism and recreation-related businesses The city actively supports business attraction, expansion, redevelopment and tourism-related economic development. ([Cottonwood AZ][2]) ### Tourism and Area Attractions Cottonwood is widely recognized as the **heart of the Verde Valley wine region**. Historic Old Town Cottonwood features a walkable Main Street lined with tasting rooms, restaurants, cafés, boutiques, antique stores, galleries and locally owned businesses. The Verde Valley Wine Trail connects Cottonwood with numerous nearby wineries, vineyards and tasting destinations. ([Old Town Cottonwood][3]) Nearby attractions include: **Sedona:** A convenient drive from Cottonwood, Sedona is internationally known for its red-rock scenery, art galleries, Jeep tours and more than 300 miles of hiking and biking trails. ([Visit Sedona][4]) **Jerome:** The historic hillside mining town of Jerome overlooks Cottonwood and the Verde Valley. Today, it is a popular visitor destination featuring historic buildings, museums, galleries, restaurants, specialty shops and sweeping valley views. ([Visit Arizona][5]) **Tuzigoot National Monument:** Located just outside Cottonwood, Tuzigoot preserves a historic 110-room hilltop pueblo built by the Sinagua people approximately 1,000 years ago. Visitors can explore the pueblo, museum and trails overlooking Tavasci Marsh and the Verde Valley. ([National Park Service][6]) **Dead Horse Ranch State Park:** Located in Cottonwood, this popular state park offers camping, fishing, kayaking, birdwatching, mountain biking and more than 20 miles of shared-use trails through high-desert and Verde River environments. ([Arizona State Parks][7]) **Verde River and Verde River Greenway:** The Verde River provides opportunities for paddling, fishing, wildlife viewing and scenic walks beneath mature cottonwood and sycamore trees. The Jail Trail River Walk begins near Old Town and follows a scenic 1.6-mile loop beside the river. ([Cottonwood AZ][8]) ### Recreation and Quality of Life Outdoor recreation is a major part of the Cottonwood lifestyle. Residents and visitors enjoy hiking, mountain biking, horseback riding, fishing, kayaking, birdwatching, stargazing and exploring nearby state and national parks. The Lime Kiln Trail also connects the Cottonwood area with Red Rock State Park near Sedona, providing a scenic regional trail route through the Verde Valley. ([Arizona State Parks][9]) With its central Verde Valley location, regional healthcare and shopping, historic downtown, expanding wine and tourism industries, and close proximity to Sedona, Jerome, Tuzigoot National Monument and extensive outdoor recreation, Cottonwood offers an attractive combination of small-town character, natural beauty and regional accessibility.
Listing Details MLS# 7060711
Location, Tax & Legal
- House Number
- 427
- Compass
- N
- Street Name
- 15TH
- St Suffix
- Street
- City/Town Code
- Cottonwood
- State/Province
- AZ
- Zip Code
- 86326
- Zip4
- 3800
- Country
- US
- County Code
- Yavapai
- Subdivision
- SCOTTS ADD
- Assessor Number
- 406-37-222
- Tax Year
- 2025
- Assessor's Map #
- 37
- Legal Description (Abbrev)
- LOTS 4 5 6 BLOCK 14 SCOTTS ADD BOOK 2 PAGE 38
- Assessor's Parcel #
- 222
- Add'l Parcels
- No
- Tax Municipality
- Cottonwood
- Census Tract
- 2001
- Taxes
- 1007
- Legal
- LOTS 4 5 6 BLOCK 14 SCOTTS ADD BOOK 2 PAGE 38
- Marketing Name
- RV Park
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- rectangular
- Year Built
- 1975
- Uncvrd Parking Spcs
- 10
- Total # of Units
- 8
- # of Buildings
- 2
- Zoning
- R-4
- Flood Zone
- TBD
- Elementary School District
- Cottonwood-Oak Creek Elementary District
- High School District
- Mingus Union High School District
Remarks Misc
- Directions
- Conveniently located near the center of Cottonwood. From Main Street and Mingus Avenue, travel east on Mingus Avenue, turn left onto North 15th Street, and continue to the property at 427 N 15th Street.
Legal Info
- Township
- 14
- Range
- 4
- Block
- 14
- Lot Number
- 4
1 Bedroom Units
- # 1 Bedroom Units
- Yes
- Avg Rent
- 1200
- Avg SqFt
- 700
- # Baths
- Yes
More Information
Structure
- Bedrooms Total
- Yes
- Bathrooms Total
- Yes
Income Expenses
- Gross Annual Sch Inc
- 91320
- Net Operating Income
- 69944
Showing Notification Methods
- Showing Service
- Aligned Showings
- Text
- Yes
- Yes
- Phone Call
- Yes
Mobile Home Prk Info
- # RV Spaces
- 7
- Avg Rent RV Spaces
- 450
Project Type
- RV Park
- Yes
- Other (See Remarks)
- Yes
Efficiency Units
- Avg Rent
- 0
2 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Other Type
- House + Rental Units
- Yes
Construction
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
Roofing
- Composition
- Yes
Floors
- Concrete
- Yes
- Wood
- Yes
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
- Personal Property
- Yes
- Laundry Equipment
- Yes
- Other (See Remarks)
- Yes
Income & Expenses
- Annual Elec Exp
- 150
- Annual Gas Exp
- 193
- Annual Ins Exp
- 3000
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 1200
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 4320
- Annual Mgmt Exp
- 7305
- Annual Trash Exp
- 1200
- Annual Wtr/Swr Exp
- 3000
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 21375
- Other Income
- 3600
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 94825.08
- Total Monthly Rental Income
- 7610
Pmt & Rate Info
- Cap Rate
- 5.85
- Equity
- 1195000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
- Barbecue
- Yes
Heating
- Heat Pump
- Yes
- Individual
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Heat Pump
- Yes
Exterior Amenities
- Green Landscaping
- Yes
- Desert Landscaping
- Yes
- Rain Gutters
- Yes
- Partially Fenced
- Yes
- RV/Boat Parking
- Yes
- Cable TV Available
- Yes
- Security Light(s)
- Yes
Interior Features
- Fire/Smoke Alarm(s)
- Yes
- Mini Blinds
- Yes
Tenant Pays
- Electricity
- Yes
- Cable TV
- Yes
Appliances Included
- Dishwasher
- Yes
- Free-Standing Gas Oven
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Washer/Dryer
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Owner
- Yes
- Projected Proforma
- Yes
Road Responsibility
- City Maintained Road
- Yes
Water Source
- City Franchise
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Free
- Yes
- RV Access/Parking
- Yes
Electric
- APS
- Yes
- Submetered System
- Yes
- Individual Meter
- Yes
Gas
- Other (See Remarks)
- Yes
Owner Pays
- Water
- Yes
- Sewer
- Yes
- Trash Collection
- Yes
- Landscaping
- Yes
- Other
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- No Carry
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
- APOD/Backup Avaible
- Yes
- Sch of Personal Prop
- Yes
Environmental
- None
- Yes
Property Features