Cottonwood Cove Real Estate

Cottonwood Cove Real Estate

Welcome to Cottonwood Cove, a hidden gem nestled in the heart of Yavapai County, Arizona. This enchanting community offers a unique blend of natural beauty, modern convenience, and a vibrant lifestyle that makes it an ideal place to call home.

Cottonwood Cove is surrounded by stunning landscapes, including the breathtaking red rock formations of the Verde Valley and the majestic backdrop of the Mingus Mountains. Nature enthusiasts will revel in the abundance of outdoor activities available, from hiking and biking to fishing and kayaking along the serene waters of the Verde River. The area is rich in wildlife, making it a paradise for bird watchers and nature lovers alike.

The charm of Cottonwood Cove extends beyond its natural beauty. The nearby city of Cottonwood boasts a thriving downtown area filled with delightful shops, local eateries, and cultural attractions. Explore the historic Old Town, where you can indulge in artisanal wines from local vineyards, savor delectable cuisine, and immerse yourself in art galleries that showcase the work of talented local artists.

Families will appreciate the strong sense of community in Cottonwood Cove, with friendly neighbors and a welcoming atmosphere. The area is served by excellent schools and offers a range of recreational facilities, making it a perfect place to raise children or enjoy retirement.

Whether you are looking for a tranquil retreat or an active lifestyle, Cottonwood Cove in Cottonwood, AZ, has something for everyone. Discover the beauty and charm of this remarkable community, where your dream home awaits!

Newest Listings in Cottonwood Cove

1765 E Villa Drive, Cottonwood
$599,000
7080084 MLS ⋅ 2,365 SqFt.
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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