409 S Montezuma Street, Prescott, AZ 86303
Overview
Description
Supplements: ... (Read more) 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 condition with many recent renovations made. Very low historical vacancy. This is a wonderful investments opportunity in downtown Prescott.
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
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