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Multi-Unit Apartment Complex with Storage Units
For Sale
$6,750,000

860 W Road 1 S, Chino Valley, AZ 86323

MULTI_FAMILY - Chino Valley, AZ

Property SizeContact for details
Days on Market178

Property Features for 860 W Road 1 S

General Information

Property type Residential Multi Family
Property subtype Other
Zoning CL
Parking features Off Street, Garage - Attached, Open
Security features Security Lighting
Appliances Free-Standing Range, Dishwasher, Refrigerator, Free-Standing Gas Oven, W/D Hookup
Directions State Route 89 heading N into the town of Chino Valley, turn west (L) at Road 1 South. Approx 0.5 mile, property is on the right. Name of complex is Whispering Winds.
Standard status Active
APN 309-29-026-X

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 38804

Utilities

Sewer type Public Sewer
Heating system Central, Natural Gas, Heat Pump (Heating), Forced Air
Cooling system Central Air, Heat Pump
Water source Well, Private

Amenities

gated
back patios
fenced yards
storage room
common laundry room

Building Details

Year built 2014
Number of units 48
Flooring type Laminate, Carpet, Tile
Building materials Wood Frame, Stucco
Roof type Composition
Listing Agency: RealtyONEGroup Mountain Desert · Realty ONE Group
Listed By: Karen Klabacha · License #SA532438000
Added: Feb 19 Changed: Aug 3 Last Checked: Aug 16 at 1:06PM
MLS# 6986983

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Whispering Winds is a multi-family mixed-use apartment complex with gated residential living and attached commercial components. The property includes two commercial buildings with three office spaces in each building. Attached to the backside of the office spaces are nine storage units, which have internal doors and also exterior rollup doors, finished with sheetrock and lighting. The residential area is gated and includes six duplexes with attached one-car garages, back patios, and fenced yards, plus three triplexes with 1 bed/1 bath units that include a storage room, back patios, and fenced yards. There are also three fourplexes built in 2018 with upgraded interiors, and a large common laundry room for the complex.

The original improvements were built in 2004, with new roofs installed in 2018. Each unit is separately metered for water and gas. The property has its own private water company and is connected to town sewer (public sewer). Heating and cooling are provided by forced air, heat pump systems, and central air. Parking is available off street, with attached garages for the duplexes and open parking throughout.

Zoned CL, the property is structured for combined residential income and on-site office and storage use.

Key Highlights

  • 100% occupied gated mixed‑use apartment complex with residential and commercial components
  • Residential mix includes six duplexes, three triplexes, and three fourplexes
  • Two commercial buildings with three office spaces each, plus nine attached storage units

Property Analytics

Current Use

Holliday Properties & Development Construction Company

Suggested Use

Top Pick Building Supply Law Firm Pharmacy Electrical Service Auto Parts Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Office units
33
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby

Demographics for 86323, AZ

18,422
Population
8,541
Households
2.2
Avg Household Size
51
Median Age
19%
College-Educated
90%
High-School Grad
114.7 sq mi
ZIP Area
161
Density / Sq Mi
$62,815
Median Household Income
$37,385
Median Earnings
$1,167
Median Rent
$349,900
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Gated, 100% occupied apartment complex with duplexes, triplexes, fourplexes, and attached office/storage spaces.
Where is this apartment building located?
The property is located at 860 W Road 1 S Chino Valley, AZ.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: 100% occupied gated mixed‑use apartment complex with residential and commercial components; Residential mix includes six duplexes, three triplexes, and three fourplexes; Two commercial buildings with three office spaces each, plus nine attached storage units
More about this property
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