622 S Bennett Drive, Prescott Valley, AZ 86327

$1,730,000
Property Type: Commercial/Indstrial Baths: 2 Square Footage: 15,500 Lot Size (sq. ft.): 89,734 Status: Closed
Current Price: $1,730,000 List Date: 1/26/2018 Last Modified: 8/05/2020

Description

Its not very often an opportunity like this comes around. This Class A property was built in 2015 with 32 mini warehouse units, 2 storage containers & room for 5 more, 21 RV & 46 Car parking spaces, separate Men's and Women's restrooms, an Office trailer, 3 Phase, and an 8.33% CAP Rate. The entire property is fully fenced with automated gates, outdoor security lighting, Surveillance Cameras, all the units have LED lighting, insulation, and are finished vanilla shell. The property provides substantial opportunities to increases revenue, cash flow, and investment value by capitalizing on the available land to store RV’s, Boats, Horse Trailers, and build additional storage units. This is also the dream location to build a new building for your business while collecting $16K a month in revenue

More Information MLS# 1008035

ContractAddressLegal

Original List Price: 1800000 Listing Date: 2017-11-16 Status: Closed Listing Price: 1800000 Street #: 622 Direction: S Street Name: Bennett St Suffix: Drive City/Township: Prescott Valley State: AZ Zip Code: 86327 County: Yavapai Tax Parcel: 402-02-024U

General Property Description

Lot Size: 89734 Aprx Acres: 2.06 Buildings: 7 Total Liveable SqFt: 15500 Source of Measuremnt: County Assessor Stories: 1 Parking Spaces: 67 Year Built: 2015 Vac Rate %: 0.05 NOI $: 150000 Cap %: 8.33 Baths - Full: 34 GRM: 9.47 Property Use: Investment Prop Space Available: Yes Total Bathrooms: 2 CC & R Fees: 15501

Tax Info

Taxes: 16000 Tax Year: 2017

Status Change Info

Under Contract Date: 2018-03-13 Sold Date: 2018-06-08 Sold Price: $1,730,000 Sold Price/SqFt: 112 Financing: Conventional

Construction

# of Bays: 32

Property Features

Bathrooms: ADA; Exterior; Separate M and W Building Type: 5+ Units; Indust - Bus Prk; Indust - Warehouse; Indust-Manufacturing; Mini/Self Storage Business Location: Business Park; Freestanding Bldg; Office/Professional Commercial Amenities: Grade Level; Roll-Up Door(s); Ceiling Ht. 12-15; Overhead Door(s) Construction: Frame - Steel Cooling: Room A/C External Amenities: Fence; Handicap Access; Landscaped; Paved Parking; Security Lights; Storage Yard; External Restroom Flooring: Carpet; Concrete Heating: Electric Internal Amenities: Security/Alarm Parking: On-Site; Storage; Trailer; Truck Possession: At Recordation Records Available: Site Plan Road Responsibility: City Maintained Road; Paved Roof: Asphalt Shingle; Metal Utilities Installed: 220; 3 Phase; Electricity; Master Meter; Security System; Telephone; Water - City; WWT - Septic

Documents

Listing Office: Sumner Commercial Real Estate
Last Updated: August - 05 - 2020
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