500 Copper Basin Road, Prescott, AZ 86303

$980,000

Property Type: Commercial/Indstrial Square Footage: 3,996 Lot Size (sq. ft.): 18,295 Status: Closed

Current Price: $980,000 List Date: 11/25/2020 Last Modified: 3/05/2021

Overview

Description

Extended Stay & Transient Motel FOR SALE in Downtown Prescott offered at $995,000. The PINE VIEW INN is one of only a few daily, weekly monthly rentals in the downtown Prescott area. This Turn-key opportunity offers all furniture, fixtures and equipment, name and brand all with good cash flow & upside. Situated on approx. .45 acres, there are 14 units: 8 studios with kitchens, 4 large studio hotel rooms, 1 casita and 1 two bedroom apartment. Owner is willing to provide a credit in escrow for the addition of a 15th room to this property. Please call listing agent for additional details. There are 21 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 Click MORE

Supplements: Extended Stay & Transient Motel FOR SALE in Downtown Prescott offered at $995,000. The PINE VIEW INN is one of only a few daily, weekly monthly rentals in the downtown Prescott area. This Turn-key opportunity offers all furniture, fixtures and equipment, name and brand all with good cash flow & upside. Situated on approx. .45 acres, there are 14 un ... (Read more)

Listing Details MLS# 1034530

ContractAddressLegal

Original List Price: 995000
Listing Price: 995000
Street #: 500
Street Name: Copper Basin
St Suffix: Road
City/Township: Prescott
State: AZ
Zip Code: 86303
County: Yavapai
Tax Parcel: 109-09-078A

General Property Description

Aprx Acres: 0.42
Buildings: 4
Total Liveable SqFt: 3996
Source of Measuremnt: County Assessor
Stories: Yes
Parking Spaces: 21
Year Built: 1954
Management: Mgmt Company
Baths - Full: 14
CC & R Fees: 4203

Tax Info

Taxes: 4200
Tax Year: 2020

Status Change Info

Under Contract Date: 2020-12-16
Sold Date: 2021-03-03
Sold Price/SqFt: 245
Financing: Conventional

More Information

Property Features

Bathrooms: Interior; Other - See Remarks Building Type: 5+ Units; Motel/Hotel Business Location: Corner Location; Freestanding Bldg; Traffic Signal Commercial Amenities: Ceiling Ht. Under 12; Other - See Remarks Construction: Frame - Wood Cooling: Room A/C External Amenities: Fence; Handicap Access; Paved Parking Flooring: Carpet; Tile; Vinyl Heating: Electric Internal Amenities: Bathroom; Fire/Smoke Detector; Other - See Remarks Parking: On-Site; Other - See Remarks 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; Water - City; WWT - City Sewer

Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty

Last Updated: March - 05 - 2021

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