804 Ainsworth Drive, Prescott, AZ 86301

$1,675,000
Property Type: Commercial/Indstrial Square Footage: 9,282 Lot Size (sq. ft.): 48,787 Status: Closed
Current Price: $1,675,000 List Date: 6/01/2011 Last Modified: 4/05/2018

Overview

Description

Outstanding opportunity to own a fully leased medical office building adjacent to Yavapai Regional Medical Center. The Cap Rate and NOI shown include a 5% vacancy or repair/maintenance factor. leases with four tenants have staggered expiration dates in 2013, 2014 and 2015.

Listing Details MLS# 955641

ContractAddressLegal

Original List Price
1875000
Listing Price
1875000
Street #
804
Street Name
Ainsworth
St Suffix
Drive
City/Township
Prescott
State
AZ
Zip Code
86301
County
Yavapai
Tax Parcel
116-19-001M

General Property Description

Aprx Acres
1.12
Buildings
Yes
Total Liveable SqFt
9282
Source of Measuremnt
County Assessor
Stories
Yes
Parking Spaces
62
Year Built
2003
Management
Owner
Gross Vol/Yr $
168470
NOI $
160045
Cap %
9
CAM $
14039
GRM
2370
Property Use
Investment Prop
Construction Status
Existing
CC & R
No

Tax Info

Taxes
19767
Tax Year
2010

Status Change Info

Under Contract Date
2011-08-15
Sold Date
2011-09-29
Sold Price/SqFt
180
Financing
Conventional

Contract/Address/Legal

List Price/SqFt
202
Comm Type
Office
Zoning
BG
Business Type
Other
Assessor's Book #
116
Assessor's Map #
19
Assessor's Parcel #
Yes
Assessor Parcel Ltr
M
Legal
Howard & Edith Bartee Sub Parcel C Cont 1.12ac Sec 28-14-2w M&P 50/33-34

Remarks & Misc

Directions
Willow Creek, east on Ainsworth, left into complex just before road curves.
Remarks
Outstanding opportunity to own a fully leased medical office building adjacent to Yavapai Regional Medical Center. The Cap Rate and NOI shown include a 5% vacancy or repair/maintenance factor. leases with four tenants have staggered expiration dates in 2013, 2014 and 2015.

More Information

Building Type

2-4 Units
Yes
Medical/Dental
Yes

Construction

Frame - Wood
Yes
Stucco
Yes

Cooling

Central Air
Yes

External Amenities

Handicap Access
Yes
Landscaped
Yes
Paved Parking
Yes

Flooring

Carpet
Yes
Laminate
Yes
Tile
Yes

Heating

Natural Gas
Yes

Possession

At Recordation
Yes

Records Available

Other - See Remarks
Yes

Road Responsibility

City
Yes
City Maintained Road
Yes

Roof

Asphalt Shingle
Yes

Bathrooms

Unisex
Yes

Business Location

Business Park
Yes
Office/Professional
Yes
Traffic Signal
Yes

Terms & Conditions

Conventional
Yes

Commercial Amenities

Ceiling Ht. 12-15
Yes
Ceiling Ht. Under 12
Yes

Utilities Installed

220
Yes
Electricity
Yes
Individual Meter
Yes
Natural Gas
Yes
Telephone
Yes
Underground
Yes
Water - City
Yes
WWT - City Sewer
Yes

Internal Amenities

Security/Alarm
Yes

Parking

Other - See Remarks
Yes

Property Features

Bathrooms: Unisex Building Type: 2-4 Units; Medical/Dental Business Location: Business Park; Office/Professional; Traffic Signal Commercial Amenities: Ceiling Ht. Under 12; Ceiling Ht. 12-15 Construction: Frame - Wood; Stucco Cooling: Central Air External Amenities: Handicap Access; Landscaped; Paved Parking Flooring: Carpet; Laminate; Tile Heating: Natural Gas; Natural Gas Internal Amenities: Security/Alarm Parking: Other - See Remarks Possession: At Recordation Records Available: Other - See Remarks Road Responsibility: City Maintained Road Roof: Asphalt Shingle Utilities Installed: 220; Electricity; Individual Meter; Natural Gas; Telephone; Underground; Water - City; WWT - City Sewer
Listing Office: Keller Williams Check Realty
Last Updated: April - 05 - 2018
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