409 S Montezuma Street, Prescott, AZ 86303

$875,000

Property Type: Commercial/Indstrial Square Footage: 6,229 Status: Closed

Current Price: $875,000 List Date: 3/09/2019 Last Modified: 6/20/2023

Overview

Description

Extended Stay & Transient Motel FOR SALE in Downtown Prescott offered at $895,000. The Gordon James Motel is one of only a few daily, weekly monthly rentals in the Prescott area. This Turn-key opportunity offers all furniture, fixtures and equipment, name and brand all with great cash flow & upside. Situated on approx. .33 acres, there are 12 units: 10 one-bedroom units of approx. 500 sf each offering a kitchen, living room and bathroom; 1 two-bedroom unit approx. 855 sf including a full kitchen, large living room and full bath and one studio unit approx. 374 sf with kitchen and bathroom. There are 12 on-site parking spaces along with an on-site Manager's office and coin operated laundry room. All units offer wi-fi, cable and all utilities. The property is in very good (CLICK MORE TAB...)

Supplements: Extended Stay & Transient Motel FOR SALE in Downtown Prescott offered at $895,000. The Gordon James Motel is one of only a few daily, weekly monthly rentals in the Prescott area. This Turn-key opportunity offers all furniture, fixtures and equipment, name and brand all with great cash flow & upside. Situated on approx. .33 acres, there are 12 units ... (Read more)

Listing Details MLS# 1019020

ContractAddressLegal

Original List Price: 895000
Listing Price: 895000
Street #: 409
Direction: S
Street Name: Montezuma
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86303
County: Yavapai
Tax Parcel: 109-03-081

General Property Description

Buildings: 2
Total Liveable SqFt: 6229
Source of Measuremnt: County Assessor
Parking Spaces: 12
Year Built: 1963
Baths - Full: 12
Vac Rate %: 0
CAM $: 0
GRM: No

Tax Info

Taxes: 4037
Tax Year: 2018

Status Change Info

Under Contract Date: 2019-06-26
Sold Date: 2019-08-28
Sold Price/SqFt: 140
Financing: Conventional

Contract/Address/Legal

List Price/SqFt: 144
Comm Type: Hotel/Motel
REO/Short Sale: Not Applicable
Zoning: BR
Business Name: Gordon James Motel
Zoning Description: Business Regional
Assessor's Book #: 109
Assessor's Map #: 3
Assessor's Parcel #: 81

Remarks & Misc

Directions: From the downtown Courthouse, go approx. 2 blocks South on Montezuma to the Property on Left.
Remarks: Extended Stay & Transient Motel FOR SALE in Downtown Prescott offered at $895,000. The Gordon James Motel is one of only a few daily, weekly monthly rentals in the Prescott area. This Turn-key opportunity offers all furniture, fixtures and equipment, name and brand all with great cash flow & upside. Situated on approx. .33 acres, there are 12 units: 10 one-bedroom units of approx. 500 sf each offering a kitchen, living room and bathroom; 1 two-bedroom unit approx. 855 sf including a full kitchen, large living room and full bath and one studio unit approx. 374 sf with kitchen and bathroom. There are 12 on-site parking spaces along with an on-site Manager's office and coin operated laundry room. All units offer wi-fi, cable and all utilities. The property is in very good (CLICK MORE TAB...)

More Information

Building Type

Motel/Hotel: Yes

Construction

Frame - Wood: Yes
Stucco: Yes

Cooling

Ceiling Fan(s): Yes
Gas Pack: Yes
Heat Pump: Yes
Other: Yes
See Remarks: Yes

External Amenities

Handicap Access: Yes
Landscaped: Yes
Paved Parking: Yes

Flooring

Carpet: Yes
Vinyl: Yes

Heating

Electric: Yes
Natural Gas: Yes

Possession

At Recordation: Yes

Records Available

Other - See Remarks: Yes

Road Responsibility

City: Yes
City Maintained Road: Yes
Paved: Yes

Roof

Asphalt Shingle: Yes

Bathrooms

Interior: Yes

Business Location

Freestanding Bldg: Yes

Commercial Amenities

Ceiling Ht. Under 12: Yes

Utilities Installed

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

Internal Amenities

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

Parking

On-Site: Yes

Property Features

Bathrooms: Interior Building Type: Motel/Hotel Business Location: Freestanding Bldg Commercial Amenities: Ceiling Ht. Under 12 Construction: Frame - Wood; Stucco Cooling: Ceiling Fan(s); Gas Pack; Heat Pump; Other; See Remarks External Amenities: Handicap Access; Landscaped; Paved Parking Flooring: Carpet; Vinyl Heating: Electric; Natural Gas; Natural Gas Internal Amenities: Bathroom; Ceiling Fan(s); Fire/Smoke Detector; Kitchen Parking: On-Site Possession: At Recordation Records Available: Other - See Remarks Road Responsibility: City Maintained Road; Paved Roof: Asphalt Shingle Utilities Installed: Electricity; Master Meter; Natural Gas; Telephone; Underground; Water - City; WWT - City Sewer

Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty

Last Updated: June - 20 - 2023

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.