1745 Rustic Timbers Lane, Prescott, AZ 86303
$1,150,000
Property Type:
Commercial/Indstrial
Baths:
6
Square Footage:
8,597
Lot Size (sq. ft.):
30,928
Status:
Closed
Current Price:
$1,150,000
List Date:
4/12/2016
Last Modified:
5/20/2020
Overview
Description
Listing Details MLS# 994258
ContractAddressLegal
- Original List Price
- 1295000
- Listing Price
- 1295000
- Street #
- 1745
- Street Name
- Rustic Timbers
- St Suffix
- Lane
- City/Township
- Prescott
- State
- AZ
- Zip Code
- 86303
- County
- Yavapai
- Tax Parcel
- 108-20-020
General Property Description
- Aprx Acres
- 0.71
- Buildings
- Yes
- Total Liveable SqFt
- 8597
- Source of Measuremnt
- Builder Plans
- Stories
- 2
- Parking Spaces
- 28
- Year Built
- 2008
- Management
- Owner
- Vac Rate %
- 7
- NOI $
- 71315
- Cap %
- 5.5
- Baths - Full
- Yes
- Property Use
- Investment Prop
- Construction Status
- Existing
- Max Contgs/Bldg Sz
- 8597
- Space Available
- Yes
- Total Bathrooms
- 6
- Suite #
- 8
- CC & R
- No
- CAM $
- 0
- GRM
- No
Tax Info
- Taxes
- 13627
- Tax Year
- 2015
Status Change Info
- Under Contract Date
- 2017-05-10
- Sold Date
- 2017-08-16
- Sold Price/SqFt
- 134
- Financing
- Conventional
Contract/Address/Legal
- List Price/SqFt
- 151
- Comm Type
- Office
- REO/Short Sale
- Not Applicable
- Zoning
- SPC
- Zoning Description
- Specially Planned Co
- Assessor's Book #
- 108
- Assessor's Map #
- 20
- Assessor's Parcel #
- 20
- Legal
- PARCEL C AT HASSAYAMPA LOT C-1 CONT .71AC SEC 6-13N-2W M&P 40/ 85 -88
Remarks & Misc
- Directions
- Gurley (Thumb Butte) to Hassayampa Village Lane. Property is located on the corner of Hassayampa Village Lane and Rustic Timbers Lane. OR take Copper Basin To Hassayampa...
- Remarks
- Highly improved 8,597 square foot office building situated in the very desirable Hassayampa Village golf community in Prescott, Arizona. Resort-like Property looks out onto the Capital Canyon Golf Course. A Trophy Office Building! Priced WELL BELOW replacement cost. Lease up in progress, now only one vacancy. Current occupancy 93%. NOI KEEPS GOING UP! now at $71,000 5.5% cap with 7% vacancy. Upside in bringing leases to market rate. Please see Offering Memorandum under Docs tab.
More Information
Building Type
- Office - Building
- Yes
Construction
- Architect Concept
- Yes
- Frame - Wood
- Yes
- Stucco
- Yes
Cooling
- Central Air
- Yes
External Amenities
- Handicap Access
- Yes
- Landscaped
- Yes
- Paved Parking
- Yes
Flooring
- Carpet
- Yes
- Tile
- Yes
- Wood
- Yes
Heating
- Natural Gas
- Yes
- Zoned
- Yes
Possession
- At Recordation
- Yes
Records Available
- Other - See Remarks
- Yes
Road Responsibility
- City Maintained Road
- Yes
Roof
- Tile
- Yes
Bathrooms
- ADA
- Yes
- Public
- Yes
- Separate M and W
- Yes
- Staff
- Yes
Business Location
- Freestanding Bldg
- Yes
- Office/Professional
- Yes
Terms & Conditions
- Conventional
- Yes
- Submit
- Yes
Commercial Amenities
- Ceiling Ht. 12-15
- Yes
Utilities Installed
- Electricity
- Yes
- Natural Gas
- Yes
- Water - City
- Yes
- WWT - City Sewer
- Yes
Internal Amenities
- Elevator(s)
- Yes
- Fire/Smoke Detector
- Yes
- Security/Alarm
- Yes
- Sprinklers
- Yes
Parking
- On-Site
- Yes
Property Features
Bathrooms:
ADA; Public; Separate M and W; Staff
Building Type:
Office - Building
Business Location:
Freestanding Bldg; Office/Professional
Commercial Amenities:
Ceiling Ht. 12-15
Construction:
Architect Concept; Frame - Wood; Stucco
Cooling:
Central Air
External Amenities:
Handicap Access; Landscaped; Paved Parking
Flooring:
Carpet; Tile; Wood
Heating:
Natural Gas; Natural Gas; Zoned
Internal Amenities:
Elevator(s); Fire/Smoke Detector; Security/Alarm; Sprinklers
Parking:
On-Site
Possession:
At Recordation
Records Available:
Other - See Remarks
Road Responsibility:
City Maintained Road
Roof:
Tile
Utilities Installed:
Electricity; Natural Gas; Water - City; WWT - City Sewer
Documents
Listing Office:
Arizona Commercial
Last Updated: May - 20 - 2020
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Offering Memorandum ›