333 S Alarcon, Prescott, AZ 86303

$850,000
Property Type: Multi-Family Square Footage: 7,851 Status: Closed
Current Price: $850,000 List Date: 5/07/2014 Last Modified: 6/20/2023

Overview

Description

13 Units 100% leased in downtown Prescott. 7.63% cap rate. Low Maintenance, 1 bedroom units, studios and one 1-bedroom See marketing pkg attached with income and expense for 2013

Listing Details MLS# 975986

ContractAddressLegal

Original List Price
995000
Listing Price
930000
Street #
333
Direction
S
Street Name
Alarcon
City/Township
Prescott
State
AZ
Zip Code
86303
County
Yavapai
Tax Parcel
109-04-051

General Property Description

Lot #
00
Total Liveable SqFt
7851
Source of Measuremnt
County Assessor
Buildings
2
Stories
2
Year Built
1970
Management
Owner
NOI $
71308
Cap %
7.63
HOA Y/N
No
Baths - Full
13
More than 5 Units
Yes
Aprx Acres
0
Vac Rate %
0

Tax Info

Taxes
2929
Tax Year
2013

Status Change Info

Under Contract Date
2014-08-28
Sold Date
2014-10-10
Sold Price/SqFt
108
Financing
Conventional

Unit 1

Rent $
586.5

Unit 2

Rent $
625

More Information

Unit 3

Rent $
586.5

Unit 4

Rent $
683

Unit 5

Rent $
1200

Contract/Address/Legal

List Price/SqFt
118
Rent/Lease
No
REO/Short Sale
Not Applicable
Zoning
MF-H
Assessor's Book #
109
Assessor's Map #
4
Assessor's Parcel #
51
Legal
PRESCOTT LOTS 16 18 BLK 29; 178 219 266 260 501/350

Remarks & Misc

Directions
Gurley to ALarcon, south on Alarcon, just south of Carleton.
Remarks
13 Units 100% leased in downtown Prescott. 7.63% cap rate. Low Maintenance, 1 bedroom units, studios and one 1-bedroom See marketing pkg attached with income and expense for 2013

Building Type

5+ Units
Yes

Construction

Other - See Remarks
Yes

Cooling

Other
Yes
See Remarks
Yes

External Amenities

Other - See Remarks
Yes

Flooring

Other
Yes
See Remarks
Yes

Heating

Other
Yes
See Remarks
Yes

Owner Pays

Other - See Remarks
Yes

Possession

At Recordation
Yes

Records Available

Other - See Remarks
Yes

Road Frontage Type

City Street
Yes

Roof

Other - See Remarks
Yes

Terms & Conditions

Conventional
Yes

Utilities Installed

Other - See Remarks
Yes

Water Heater

Other - See Remarks
Yes

Unit 1 Parking

Other - See Remarks
Yes

Unit 1 Info

Fire/Smoke Detectors
Yes
Other - See Remarks
Yes

Unit 2 Parking

Other - See Remarks
Yes

Unit 2 Info

Other - See Remarks
Yes

Unit 3 Parking

Other - See Remarks
Yes

Unit 3 Info

Other - See Remarks
Yes

Unit 4 Parking

Other - See Remarks
Yes

Unit 5 Parking

Other - See Remarks
Yes

Unit 5 Info

Other - See Remarks
Yes

Property Features

Building Type: 5+ Units Construction: Other - See Remarks Cooling: Other; See Remarks External Amenities: Other - See Remarks Flooring: Other; See Remarks Heating: Other; See Remarks Owner Pays: Other - See Remarks Possession: At Recordation Records Available: Other - See Remarks Road Frontage Type: City Street Roof: Other - See Remarks Utilities Installed: Other - See Remarks Water Heater: Other - See Remarks Unit 1 Parking: Other - See Remarks Unit 1 Info: Fire/Smoke Detectors; Other - See Remarks Unit 2 Parking: Other - See Remarks Unit 2 Info: Other - See Remarks Unit 3 Parking: Other - See Remarks Unit 3 Info: Other - See Remarks Unit 4 Parking: Other - See Remarks Unit 5 Parking: Other - See Remarks Unit 5 Info: Other - See Remarks

Documents

Listing Office: Arizona Commercial
Last Updated: June - 20 - 2023
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