1130 E Gurley Street, Prescott, AZ 86301

$1,900,000

Property Type: Commercial/Indstrial Square Footage: 11,525 Lot Size (sq. ft.): 40,075 Status: Closed

Current Price: $1,900,000 List Date: 8/28/2020 Last Modified: 3/06/2021

Overview

Description

The Apache Lodge has been, and remains, a historic landmark to the gateway of Prescott. But also, because of its unique architectural importance and firm place in the iconic narrative of the West's Americana's Motor Lodge. Great care has been taken to preserve the integrity while the foundation has been carefully nurtured and modernized.

Listing Details MLS# 1032332

ContractAddressLegal

Original List Price: 1900000
Listing Price: 1900000
Street #: 1130
Direction: E
Street Name: Gurley
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86301
Subdivision: Tritle Tract
County: Yavapai
Tax Parcel: 114-06-100F

General Property Description

Aprx Acres: 0.92
Buildings: 2
Total Liveable SqFt: 11525
Source of Measuremnt: Appraiser
Stories: 2
Parking Spaces: 50
Year Built: 1946
Management: Owner
Vac Rate %: 82.84
NOI $: 194235
Cap %: 9.8
Baths - Full: 29
GRM: 4.1
Traffic Count Per Day: 23000
CAM $: 0

Tax Info

Taxes: 12500
Tax Year: 2019
Assessments $: 0

Status Change Info

Under Contract Date: 2020-11-18
Sold Date: 2021-03-03
Sold Price/SqFt: 165
Financing: Conventional

Contract/Address/Legal

List Price/SqFt: 165
Comm Type: Hotel/Motel
REO/Short Sale: Not Applicable
Zoning: BG
Business Name: Apache Lodge
Business Type: Motel
Assessor's Book #: 114
Assessor's Map #: 6
Assessor's Parcel #: 100
Assessor Parcel Ltr: F

Remarks & Misc

Directions: 1130 E Gurley
Remarks: The Apache Lodge has been, and remains, a historic landmark to the gateway of Prescott. But also, because of its unique architectural importance and firm place in the iconic narrative of the West's Americana's Motor Lodge. Great care has been taken to preserve the integrity while the foundation has been carefully nurtured and modernized.

More Information

Building Type

5+ Units: Yes
Motel/Hotel: Yes

Construction

Block/Brick: Yes

Cooling

Evaporative Cooling: Yes
Room A/C: Yes

External Amenities

Drip System: Yes
Fence: Yes
Landscaped: Yes
Paved Parking: Yes
Security Lights: Yes
Storage Yard: Yes

Flooring

Laminate: Yes
Tile: Yes

Heating

Electric: Yes
Natural Gas: Yes

Possession

At Recordation: Yes

Records Available

Phase I: Yes
Survey: Yes

Road Responsibility

City: Yes
Paved: Yes

Roof

Rolled/Hot Mop: Yes

Bathrooms

Public: Yes
Shared: Yes

Business Location

Freestanding Bldg: Yes

Terms & Conditions

1031 Exchange: Yes
Conventional: Yes
Submit: Yes
Other - See Remarks: Yes

Commercial Amenities

None: Yes

Utilities Installed

220: Yes
Electricity: Yes
Individual Meter: Yes
Master Meter: Yes
Natural Gas: Yes
Telephone: Yes
Water - City: Yes
WWT - City Sewer: Yes

Internal Amenities

Bathroom: Yes
Ceiling Fan(s): Yes
Fire/Smoke Detector: Yes
Kitchen: Yes
Security/Alarm: Yes

Parking

On-Site: Yes
Storage: Yes
Trailer: Yes
Truck: Yes

Pets/Animals

None: Yes

Property Features

Bathrooms: Public; Shared Building Type: 5+ Units; Motel/Hotel Business Location: Freestanding Bldg Commercial Amenities: None Construction: Block/Brick Cooling: Evaporative Cooling; Room A/C External Amenities: Drip System; Fence; Landscaped; Paved Parking; Security Lights; Storage Yard Flooring: Laminate; Tile Heating: Electric; Natural Gas; Natural Gas Internal Amenities: Bathroom; Ceiling Fan(s); Fire/Smoke Detector; Kitchen; Security/Alarm Parking: On-Site; Storage; Trailer; Truck Possession: At Recordation Records Available: Phase I; Survey Road Responsibility: Paved Roof: Rolled/Hot Mop Utilities Installed: 220; Electricity; Individual Meter; Master Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer

Listing Office: Real Estate Investment Opportunities, LLC

Last Updated: March - 06 - 2021

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