575 Campbell Street, Prescott, AZ 86301
$1,650,000
Property Type:
Commercial/Indstrial
Square Footage:
8,460
Lot Size (sq. ft.):
26,136
Status:
Closed
Current Price:
$1,650,000
List Date:
8/22/2024
Last Modified:
12/16/2024
Description
Located just minutes from Downtown Prescott, Arizona, there are three four-plexes on Campbell Street, comprising a total of 12 units. These appealing and functional multi-family properties feature three 2-bedroom, 1-bath units, as well as one 1-bedroom, 1-bath unit, all with ample parking to accommodate tenant needs. The combined square footage of the three buildings is 8,460, resulting in a price of $248.22 per square foot. This property represents a profitable investment opportunity, particularly given the robust rental market in Prescott, Arizona. This is a prime opportunity to acquire 12 units in Prescott, AZ.
Supplements: This is an excellent opportunity to invest in the Prescott market!
More Information MLS# 1066900
Contract/Address/Legal
List Price/SqFt: 248
Neighborhood: N/A
Comm Type: Multi-Family
REO/Short Sale: Not Applicable
Zoning: MF-M
Zoning Description: Mutlifamily
Assessor's Book #: 113
Assessor's Map #: 3
Assessor's Parcel #: 28
Assessor Parcel Ltr: B
Legal: DAMERON PARK ADDN LOT 1 BLK 19 AND S2 OF ABAND HOME ST LYING ALONG THE N SIDE (PER ORD NO 1524)
General Property Description
Aprx Acres: 0.6
Lot Size: 26,136
Buildings: 3
Source of Measuremnt: County Assessor
Stories: 1
Floor: 1
Parking Spaces: 20
Management: Owner
CAM $: 54252
GRM: -
Total Liveable SqFt: 8460
Year Built: 1981
NOI $: 128604
Cap %: 5.59
Baths - Full: 12
Tax Info
Taxes: 1408
Tax Year: 2023
Remarks & Misc
Directions: East on Whipple Street extension to right on Campbell Street, properties are on your left.
Remarks: Located just minutes from Downtown Prescott, Arizona, there are three four-plexes on Campbell Street, comprising a total of 12 units. These appealing and functional multi-family properties feature three 2-bedroom, 1-bath units, as well as one 1-bedroom, 1-bath unit, all with ample parking to accommodate tenant needs. The combined square footage of the three buildings is 8,460, resulting in a price of $248.22 per square foot. This property represents a profitable investment opportunity, particularly given the robust rental market in Prescott, Arizona. This is a prime opportunity to acquire 12 units in Prescott, AZ.
Office/Member Info
Listing Exclusions: No
Status Change Info
Sold Price/SqFt: 195
Financing: Conventional
Under Contract Date: 2024-11-01
Sold Date: 2024-12-13
Sold Price: $1,650,000
Building Type
5+ Units: 1
Construction
Other - See Remarks: 1
Cooling
Ceiling Fan(s): 1
External Amenities
Fence: 1
Flooring
Laminate: 1
Heating
Natural Gas: 1
Possession
At Recordation: 1
Records Available
Other - See Remarks: 1
Road Responsibility
City Maintained Road: 1
Roof
Asphalt Shingle: 1
Bathrooms
Interior: 1
Business Location
Freestanding Bldg: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
Commercial Amenities
Ceiling Ht. Under 12: 1
Utilities Installed
Individual Meter: 1
Underground: 1
Water - City: 1
WWT - City Sewer: 1
Internal Amenities
Bathroom: 1
Ceiling Fan(s): 1
Fire/Smoke Detector: 1
Parking
On-Site: 1
Storage: 1
Street Parking: 1
Truck: 1
ContractAddressLegal
Original List Price: 2300000
Listing Date: 2024-08-21
Status: Closed
Listing Price: 2100000
Street #: 575
Street Name: Campbell Street
City/Township: Prescott
State: AZ
Zip Code: 86301
Subdivision: Dameron Park Add
County: Yavapai
Tax Parcel: 113-03-028B
Property Features
Bathrooms: Interior
Building Type: 5+ Units
Business Location: Freestanding Bldg
Commercial Amenities: Ceiling Ht. Under 12
Construction: Other - See Remarks
Cooling: Ceiling Fan(s)
External Amenities: Fence
Flooring: Laminate
Heating: Natural Gas; Natural Gas
Internal Amenities: Bathroom; Ceiling Fan(s); Fire/Smoke Detector
Parking: On-Site; Storage; Street Parking; Truck
Possession: At Recordation
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road
Roof: Asphalt Shingle
Utilities Installed: Individual Meter; Underground; Water - City; WWT - City Sewer
Documents
Campbell Multifamily OM ›
Listing Office:
Prescott Commercial Real Estate
Last Updated: December - 16 - 2024
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