1141 E Gurley Street, Prescott, AZ 86301
$2,060,000
Property Type:
Multi-Family
Square Footage:
9,112
Lot Size (sq. ft.):
27,007
Status:
Closed
Current Price:
$2,060,000
List Date:
7/19/2019
Last Modified:
6/20/2023
Overview
Description
Listing Details MLS# 1023003
ContractAddressLegal
- Original List Price
- 2385000
- Listing Price
- 2385000
- Street #
- 1141
- Direction
- E
- Street Name
- Gurley
- St Suffix
- Street
- City/Township
- Prescott
- State
- AZ
- Zip Code
- 86301
- Subdivision
- Tritle Tract
- County
- Yavapai
- Tax Parcel
- 114-06-084A
General Property Description
- Lot #
- 4
- Aprx Acres
- 0.62
- Total Liveable SqFt
- 9112
- Source of Measuremnt
- County Assessor
- Buildings
- 5
- Year Built
- 1982
- Management
- Mgmt Company
- Cap %
- 8.23
- HOA Y/N
- No
- Baths - Full
- 30
- More than 5 Units
- Yes
- Vac Rate %
- 0
Tax Info
- Taxes
- 7047
- Tax Year
- 2018
Status Change Info
- Under Contract Date
- 2019-08-09
- Sold Date
- 2019-11-22
- Sold Price/SqFt
- 226
- Financing
- Conventional
Unit 1
- Unit ID
- Studio Apartments
- # BA
- Yes
Unit 2
- Unit ID
- 1 Bedroom Apartments
- # BR
- Yes
- # BA
- Yes
More Information
Contract/Address/Legal
- List Price/SqFt
- 262
- Rent/Lease
- No
- REO/Short Sale
- Not Applicable
- Zoning
- BG
- Assessor's Book #
- 114
- Assessor's Map #
- 6
- Assessor's Parcel #
- 84
- Assessor Parcel Ltr
- A
- Legal
- TRITLE TRACT E 100 FT OF LOTS 4 AND 3 (LESS S 150 FT) BLK B
Remarks & Misc
- Directions
- From Downtown Prescott, East on Gurley St to property at corner of Gurley St and Hartin Ave.
- Remarks
- Completely renovated apartment complex in the city's Historic Motor Court District. Originally built in 1954 but extensively remodeled from top to bottom in 2017. Formerly a Motel, the property consists of 30 units; 28 studio apartments and 2 one bedroom apartments with a coin-op laundry facility. 100% occupied by renewable master lease with Catholic Charities Community Services. Excellent and secure investment opportunity located in the heart of Prescott!
Building Type
- 5+ Units
- Yes
Construction
- Frame - Wood
- Yes
Cooling
- Room Refrigeration
- Yes
- Other
- Yes
- See Remarks
- Yes
External Amenities
- Landscaped
- Yes
- Laundry Facilities
- Yes
Flooring
- Vinyl
- Yes
Heating
- Wall Unit
- Yes
Owner Pays
- Sewer
- Yes
- Trash
- Yes
- Water
- Yes
- Other - See Remarks
- Yes
Possession
- At Recordation
- Yes
Records Available
- None
- Yes
Road Frontage Type
- City Street
- Yes
Road Surface Type
- Paved
- Yes
Road Responsibility
- City Maintained Road
- Yes
Roof
- Rolled/Hot Mop
- Yes
Terms & Conditions
- 1031 Exchange
- Yes
- Conventional
- Yes
Utilities Installed
- Electricity
- Yes
- Water - City
- Yes
- WWT - City Sewer
- Yes
Water Heater
- Electric
- Yes
Unit 1 Info
- Porch/Patio
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
Unit 2 Info
- Porch/Patio
- Yes
- Range/Oven
- Yes
- Refrigerator
- Yes
Property Features
Building Type:
5+ Units
Construction:
Frame - Wood
Cooling:
Room Refrigeration; Other; See Remarks
External Amenities:
Landscaped; Laundry Facilities
Flooring:
Vinyl
Heating:
Wall Unit
Owner Pays:
Trash; Water; Other - See Remarks
Possession:
At Recordation
Records Available:
None
Road Frontage Type:
City Street
Road Surface Type:
Paved
Road Responsibility:
City Maintained Road
Roof:
Rolled/Hot Mop
Utilities Installed:
Electricity; Water - City; WWT - City Sewer
Water Heater:
Electric
Unit 1 Info:
Porch/Patio; Range/Oven; Refrigerator
Unit 2 Info:
Porch/Patio; Range/Oven; Refrigerator
Listing Office:
RE/MAX Mountain Properties
Last Updated: June - 20 - 2023
Broker Attribution:
928-776-7701
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