Wickenburg Homes with Paved Parking Features

Wickenburg Homes with Paved Parking Features

Welcome to Wickenburg, Arizona – a charming town steeped in rich history and vibrant culture, nestled in the heart of Maricopa County. Known as the “Dude Ranch Capital of the World,” Wickenburg boasts a unique blend of Old West charm and modern amenities, making it an ideal place to call home. With its stunning desert landscapes, friendly community, and a plethora of outdoor activities, residents enjoy a lifestyle that strikes a perfect balance between relaxation and adventure.

One of the standout features of homes in Wickenburg is the availability of properties with paved parking. Imagine returning home after a day of exploring the nearby stunning Sonoran Desert, knowing you have a dedicated space for your vehicle. Paved parking not only enhances the convenience of daily life but also adds an element of sophistication to your property. Whether you have a classic car, an RV for weekend getaways, or simply value the ease of access, homes with paved parking options cater to your needs.

Wickenburg is more than just a place to live; it’s a community that celebrates its heritage while embracing the future. From the historic downtown area filled with quaint shops and art galleries to the annual rodeos and festivals that bring residents together, there’s always something to enjoy. With its stunning natural beauty, welcoming atmosphere, and homes that offer the practical feature of paved parking, Wickenburg is truly a hidden gem in Arizona waiting for you to explore and make your own. Come discover the charm of Wickenburg and find your perfect home today!

Newest Wickenburg Homes with Paved 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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