New condominium complex opening in Chino Valley off Palomino Road and Horizon Way
A Southern California family with Prescott ties is adding to the housing mix here by opening a 14-unit rental condominium complex for nonsmokers on West Palomino Road at Horizon Way.
Del and Al Burks of Santa Monica, Calif., and their son, Kevan of Prescott, begin renting the Manneken Condos units Oct. 1. TNT Property Management in Prescott will be the leasing agent.
“I’m the eyes and ears here in Prescott,” said Kevan, who works in the property management field. His parents own rental property in Prescott.
Kevan said the family built the condos at the one-acre site as in investment, believing the site would be better suited for residential than commercial. Kenson Construction of Prescott began building the condos in February.
The condo complex contains 20,257 square feet and is valued at $1.4 million, Chino Valley Building Official Pat Clingman said.
The split-level condos cover 1,415 square feet, and have two bedrooms, two bathrooms, front and back patios and covered carports, said Lea Ann Kiley, owners relations director for TNT. Each unit is all-electric and comes with a stove, refrigerator, dishwasher, microwave oven, washer/dryer hookup, air conditioning and gas-log fireplace.
Kiley said the condos have a common area for barbecues, picnics and a potential site for children to play.
She said interior units will rent for $875 a month with a year’s lease, and $925 a month with a six-month lease. The five end units will cost $900 a month with a yearlong lease and $950 a month with a six-month lease.
The end units have higher rents because they have more windows and offer more views, Del Burks said. She said a one-floor unit will be suited for a person in a wheelchair, adding she and her husband plan to occupy one unit when they visit the area.
Potential tenants must earn two and a half times their monthly rents and verify their income, Kiley said.
“We do very thorough screening,” she said.
Ex-felons, sex offenders and those convicted of drug offenses need not apply, according to Kiley.
Applicants must provide references from two landlords or have owned a home for at least four years. They also will undergo credit and criminal background checks.
Potential tenants will pay a $25 nonrefundable fee to cover background checks, Kiley said.
For more information, call TNT at 445-8000.