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

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

General Property Description

Lot Size: 26,136 Aprx Acres: 0.6 Buildings: 3 Total Liveable SqFt: 8460 Source of Measuremnt: County Assessor Stories: 1 Floor: 1 Parking Spaces: 20 Year Built: 1981 Management: Owner NOI $: 128604 Cap %: 5.59 CAM $: 54252 Baths - Full: 12 GRM: -

Tax Info

Taxes: 1408 Tax Year: 2023

Status Change Info

Under Contract Date: 2024-11-01 Sold Date: 2024-12-13 Sold Price: $1,650,000 Sold Price/SqFt: 195 Financing: Conventional

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
Listing Office: Prescott Commercial Real Estate
Last Updated: December - 16 - 2024
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