Cottonwood Cove Real Estate

Cottonwood Cove Real Estate

Welcome to Cottonwood Cove, a charming subdivision nestled in the heart of Cottonwood, Arizona, where the beauty of the Verde Valley meets the vibrant spirit of community living. Located in Yavapai County, this delightful neighborhood offers an ideal blend of natural splendor and modern convenience, making it a perfect place to call home.

Cottonwood Cove is known for its picturesque landscapes, featuring stunning views of the surrounding mountains and lush greenery. Residents enjoy easy access to a variety of outdoor activities, from hiking and biking trails to the serene banks of the Verde River. The area is rich in history and culture, with nearby attractions such as the historic Old Town Cottonwood, where you can explore unique shops, art galleries, and delightful dining options.

The subdivision itself boasts well-designed homes, each with its unique character and charm. With a strong sense of community, Cottonwood Cove offers a welcoming atmosphere where neighbors become friends. Families will appreciate the nearby schools, parks, and recreational facilities, ensuring a balanced lifestyle for residents of all ages.

Conveniently located, Cottonwood Cove is just a short drive from larger cities like Sedona and Prescott, providing easy access to additional amenities and entertainment options. Whether you're seeking a peaceful retreat or an active lifestyle, Cottonwood Cove has something for everyone.

Discover the magic of Cottonwood Cove, where the warmth of community and the beauty of nature come together to create a truly exceptional living experience. Your dream home awaits in this enchanting Arizona subdivision!

Newest Listings in Cottonwood Cove

1765 E Villa Drive, Cottonwood
$599,000
7080084 MLS
A Fully-Leased Cottonwood Asset With a Proven Path to 6%. This 2,365 SF C-1 commercial building sits in Cottonwood's sought-after medical & professional corridor and offers two independent suites generating $43,200 in current gross income (approx. 5.0% cap rate), with pro forma upside to $49,200 as Suite B renews at its proven $1,500/mo rate upon lease expiration (approx. 6.0% cap rate; not guaranteed). Suite A: 6 treatment rooms, reception, lobby, break/utility room, storage - long-term lease in place. Suite B: bedroom, living room, private bath, kitchenette, private entrance - leased through 12/31/2026. Built 2009 on a 9,492 SF lot, 9 uncovered parking, ADA-accessible restrooms, showers, C-1 zoning. Rent roll and financials available on request. Owner is also listing agent INVESTMENT SUMMARY 1765 E Villa Dr is a stabilized, 100% occupied 2,365 SF C-1 commercial investment in Cottonwood's established medical and professional corridor, offered at $599,000. CURRENT OPERATIONS Suite A rent: $2,600/mo ($31,200/yr) - long-term lease in place Suite B rent: $1,000/mo ($12,000/yr) - leased through 12/31/2026 Current gross income: $3,600/mo ($43,200/yr) Estimated current NOI: approximately $29,964 Current cap rate at $599,000: approximately 5.0% PRO FORMA / PROJECTED INCOME Suite A rent: $2,600/mo ($31,200/yr) Suite B market/projected rent: $1,500/mo ($18,000/yr) - based on prior rental history at this rate, achievable upon Suite B's lease expiration Projected gross income: $4,100/mo ($49,200/yr) Projected NOI: approximately $35,964 Projected cap rate: approximately 6.0% Projected figures are estimates only and are not guaranteed. Suite B's $1,500/mo rate reflects a prior rental period at that amount, not a signed current lease; the current tenant's lease runs through 12/31/2026. SUITE DETAIL Suite A: 1,832 SF - 6 treatment rooms, reception, lobby, break/utility room, storage/equipment room. Suite B: 533 SF - bedroom, living room, private bathroom, kitchen/dining area (hot plate, apartment-size refrigerator, air fryer/countertop oven), high-speed internet (tenant expense), private entrance. Leased through 12/31/2026; previously operated as a furnished mid-term rental (e.g., traveling healthcare professionals), consistent with its $1,500/mo rental history. PROPERTY HIGHLIGHTS Built 2009 | 9,492 SF lot | Zoned C-1 | 9 parking spaces | ADA-accessible restrooms | Showers | No HOA WHY IT WORKS A stabilized two-suite commercial investment with existing cash flow and a documented path to improved NOI. Appeals to commercial investors, owner-investors, 1031 exchange buyers, and local business owners seeking a smaller commercial asset with existing tenants. High-visibility corridor near Hwy 89A with easy access to Cottonwood and the greater Verde Valley trade area. DISCLAIMER Financial information is believed to be accurate but is not guaranteed and should be independently verified by the buyer. Projected/pro forma rents, expenses, NOI, and cap rate are estimates only and are not guaranteed. Rent roll, lease documentation, and income/expense detail available upon request to pre-qualified buyers.

1765 E Villa Drive, Cottonwood

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