Wickenburg Homes with Other Parking Features

Wickenburg Homes with Other Parking Features

Welcome to Wickenburg, Arizona – a charming town nestled in the heart of Maricopa County, where the spirit of the Old West meets modern living. Known for its rich history and vibrant culture, Wickenburg offers a unique blend of outdoor adventures, artistic pursuits, and community warmth. With its picturesque desert landscapes, stunning sunsets, and a welcoming atmosphere, it’s no wonder that so many are drawn to this hidden gem.

Wickenburg boasts a variety of homes that cater to diverse lifestyles and preferences. One standout feature of many properties in this area is the availability of homes with unique parking options. Whether you’re a horse enthusiast looking for ample space for your equine companions, or a car aficionado in need of a garage that can accommodate your collection, Wickenburg has you covered. Many homes here come equipped with additional parking features, ensuring that you have the space you need for your vehicles, trailers, or recreational toys.

Beyond the homes themselves, Wickenburg is renowned for its friendly community, excellent schools, and a plethora of recreational activities. From hiking and horseback riding in the surrounding Sonoran Desert to exploring the local art scene and enjoying annual festivals, there’s something for everyone in this vibrant town.

If you’re searching for a place that combines the best of rural charm with modern conveniences, Wickenburg is the perfect destination to call home. Discover the ideal property that fits your lifestyle and experience the magic of Wickenburg living!

Newest Wickenburg Homes with Other Parking Features

$2,295,000
6980540 MLS ⋅ 6,182 SqFt.
Seller-carry mixed-use investment at 760-778 W Wickenburg Way includes two commercial buildings leased to a national ambulance company on an NNN lease, six 1-bedroom apartments, three parcels and excess land. Five apartments are occupied; one is available for lease-up. Lease runs through 11/30/2028 with 3% annual increases and two 5-year options. Tenant reimburses property taxes and insurance. Seller carry available at 5% interest, 25-year amortization and 5-year term, subject to approval. Qualified Opportunity Zone location. Approx. 6,182 SF on 40,076 SF/0.92 acre. Current income after operating expenses is $121,654 with a 5.30% cap rate. Pro forma income after operating expenses is $147,041 with a 6.41% cap rate. Offered at $2,295,000, 760-778 W Wickenburg Way presents a diversified mixed-use investment combining commercial and residential income with additional development or expansion potential. The offering includes two commercial buildings, six one-bedroom apartments and three parcels totaling approximately 40,076 square feet, or 0.92 acre. The existing building area totals approximately 6,182 square feet. The commercial portion is leased to a national ambulance company under an NNN lease that began December 1, 2023, and continues through November 30, 2028. The lease includes contractual 3% annual rent increases and two additional five-year extension options. The tenant reimburses property taxes and insurance, helping limit the owner's exposure to these expenses. The residential component consists of six one-bedroom apartments. Five apartments are currently occupied, with one unit available for lease-up. The occupied apartments also generate utility reimbursement income. Leasing the remaining apartment provides an identifiable opportunity to increase income. CURRENT FINANCIAL PERFORMANCE: Effective Gross Income: $160,457 Operating Expenses: $38,803 Income After Operating Expenses: $121,654 Current Cap Rate: 5.30% PRO FORMA FINANCIAL PERFORMANCE: Gross Scheduled Income: $186,240 Other Income: $3,456 Vacancy Allowance: 1% Effective Gross Income: $187,799 Operating Expenses: $40,758 Income After Operating Expenses: $147,041 Pro Forma Cap Rate: 6.41% Seller financing is available at 5% interest, amortized over 25 years with a five-year loan term, subject to seller approval, buyer qualification and final loan documentation. The property is located within a federally designated Qualified Opportunity Zone and along Wickenburg's primary commercial corridor. The excess land may provide future expansion or development potential, subject to zoning, governmental approvals and independent buyer investigation. Buyer to independently verify all facts, figures, square footage, parcel information, rents, income, expenses, lease terms, zoning, development potential, Opportunity Zone eligibility and any other information material to the purchase decision. Buyer should consult independent legal, tax and financial advisors.

778 W Wickenburg Way, Wickenburg

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