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
**Ownership Retirement Investment Opportunity - Established Boutique Hotel - Strong NOI - Adobe Grand Villas** The Adobe Grand Villas is an original owner, 16-unit (18,874 sqft), boutique hotel located in Sedona, AZ (Yavapai County). AGV is more than a retreat, it's an unforgettable experience. Each of the 16 themed private villas is a complete escape as the one-of-a-kind design works in tandem with exceptional service. Adobe Grand Villas is a unique and special Sedona business for sale that is a wonderful opportunity to enjoy as an active retirement business. Other uses include conversion to an exclusive Arizona addiction rehab and wellness center, or as a fractional ownership destination property. Property tours are by appointment only.
Unannounced visits are strictly prohibited.
Supplements: ... (Read more)
Listing Details MLS# 5766433
Location, Tax & Legal
- Map Code/Grid
- C82
- House Number
- 35
- Street Name
- Hozoni
- St Suffix
- Drive
- City/Town Code
- Sedona
- State/Province
- AZ
- Zip Code
- 86336
- Zip4
- 3765
- County Code
- Yavapai
- Subdivision
- Adobe Grand Villas - a boutique hotel of 16 themed luxury villas.
- Assessor Number
- 408-24-492-F
- Tax Year
- 2014
- 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
- Year Built
- 2001
- Uncvrd Parking Spcs
- 20
- Zoning
- Lodging
Remarks Misc
- Cross Street
- From Phoenix: take I-17N to Exit #287 (Route 260)
- Directions
- Then west 12 miles to Cottonwood, right on 89A North to Sedona for 14 miles. Turn left on Tortilla Dr (at GIANT gas station), left at stopsign on Southwest Drive, right on Hozoni Dr, entrance on left.
Status Change Info
- Off Market Date
- 2019-02-22
- Under Contract Date
- 2018-10-31
- Close of Escrow Date
- 2019-02-21
Legal Info
- Township
- 17N
- Range
- 05E
- Section
- 11
- Lot Number
- F
More Information
Income Expenses
- Net Operating Income
- 575750
Sold Info
- Loan Type
- Cash
- Payment Type
- Fixed
- Clsing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession to Buyer
- 45000
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
Construction
- Stucco
- Yes
- Wood Frame
- Yes
Roofing
- Tile
- Yes
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
Property Features
Building Type:
Commercial; Other (See Remarks)
Business Type:
Other; See Remarks
Stories:
2 Stories
Construction:
Stucco; Wood Frame
Roofing:
Tile
Floors:
Concrete; Wood; Carpet
Ceiling Height:
8.1 Feet to 10 Feet
Heating:
Natural Gas
Cooling:
Central Air
Loading Facilities:
None
Interior Features:
Finished; Smoke Detector(s); Security Light(s); Private Restrooms; Public Restrooms
Exterior:
Sprinkler System-Ground; Landscaping; Monument Sign
Fencing:
Block
Parking Features:
Free
Electric:
City Electric; Master Meter
Gas:
Other (See Remarks)
Water Source:
City Franchise
Sewer:
Sewer - Public
New Financing:
Cash Only; Owner May Carry
Source of Fincl Data:
Owner
Existing 1st Loan:
Treat as Free&Clear
Existing 1st Loan Type:
Fixed
Existing 1st Loan Terms:
Assume-No Qualify
Existing 2nd Loan:
Treat as Free&Clear
Existing 2nd Loan Type:
Not Applicable
Existing 2nd Loan Terms:
Not Applicable
Existing 3rd Loan:
Treat as Free&Clear
Existing 3rd Loan Type:
Not Applicable
Existing 3rd Loan Terms:
Not Applicable
Existing Othr Ln Trm:
Not Applicable
Traffic Count:
Unknown
Environmental:
None
Listing Office:
United CountryReal Estate-Arizona Property & Auction
Last Updated: January - 07 - 2025
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.