810 Eastwood Drive, Prescott, AZ 86303

$1,920,000
Property Type: Commercial/Indstrial Square Footage: 7,832 Lot Size (sq. ft.): 123,275 Status: Closed
Current Price: $1,920,000 List Date: 11/02/2020 Last Modified: 6/20/2023

Overview

Description

AMAZING opportunity to own investment property in Prescott! One of a kind 12-Plex with amazing mountain views! Varity in unit types includes studio, 1, 2, and 3 bedroom options making property perfect for any renter. 100% occupancy! Many units with stately beamed ceiling, rocked fireplaces, and large sliding glass doors to enjoy the views! Great location with city & mountain views including Thumb Butte and Granite Mountain. Conveniently located close to downtown Prescott for ease of shopping and entertainment. Plenty of parking for tenants and their guest. Shared coin laundry room for additional income potential annually. EVEN MORE investment opportunity as property is zoned MF-M allowing additional units and further income potential! Come view this property before it's gone!

Listing Details MLS# 1034037

ContractAddressLegal

Original List Price
19950000
Listing Price
1965000
Street #
810
Street Name
Eastwood
St Suffix
Drive
City/Township
Prescott
State
AZ
Zip Code
86303
Subdivision
None
County
Yavapai
Tax Parcel
110-06-007E

General Property Description

Aprx Acres
2.83
Buildings
2
Total Liveable SqFt
7832
Source of Measuremnt
County Assessor
Stories
2
Parking Spaces
24
Year Built
1967
Management
Owner
NOI $
132924
Cap %
6.7
Baths - Full
12
GRM
15
Property Use
Investment Prop
Construction Status
Existing
CC & R
Yes
Vac Rate %
0
CAM $
0

Tax Info

Taxes
3826
Tax Year
2020

Status Change Info

Under Contract Date
2021-02-26
Sold Date
2021-03-26
Sold Price/SqFt
245
Financing
Cash

Contract/Address/Legal

List Price/SqFt
251
Neighborhood
N/A
Comm Type
Multi-Family
REO/Short Sale
Not Applicable
Zoning
MF-M
Assessor's Book #
110
Assessor's Map #
6
Assessor's Parcel #
7
Assessor Parcel Ltr
E
Legal
IRREG PCL BY M&B LYNG S OF EVERGREEN HILLS #2 & BEING A PTN OF TH E W1/2 SE1/4 CONT APPROX 2.79AC SEC 3 13 2W 597/794

Remarks & Misc

Directions
From Gurley St, S on Penn Ave which becomes Hillcrest Dr, veer right at fork onto Eastwood Dr. At sign follow up hill to apartments. DO NOT DISTURB TENANTS.
Remarks
AMAZING opportunity to own investment property in Prescott! One of a kind 12-Plex with amazing mountain views! Varity in unit types includes studio, 1, 2, and 3 bedroom options making property perfect for any renter. 100% occupancy! Many units with stately beamed ceiling, rocked fireplaces, and large sliding glass doors to enjoy the views! Great location with city & mountain views including Thumb Butte and Granite Mountain. Conveniently located close to downtown Prescott for ease of shopping and entertainment. Plenty of parking for tenants and their guest. Shared coin laundry room for additional income potential annually. EVEN MORE investment opportunity as property is zoned MF-M allowing additional units and further income potential! Come view this property before it's gone!

More Information

Office/Member Info

Listing Exclusions
No

Building Type

5+ Units
Yes
Other - See Remarks
Yes

Construction

Frame - Wood
Yes
Stucco
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Room A/C
Yes
Other
Yes
See Remarks
Yes

External Amenities

Landscaped
Yes
Paved Parking
Yes
Other - See Remarks
Yes

Flooring

Carpet
Yes
Laminate
Yes
Tile
Yes

Heating

Natural Gas
Yes

Possession

Subject to Tenant
Yes

Records Available

Other - See Remarks
Yes

Road Responsibility

City
Yes
Paved
Yes

Roof

Rolled/Hot Mop
Yes

Bathrooms

Interior
Yes
Other - See Remarks
Yes

Business Location

Freestanding Bldg
Yes

Terms & Conditions

1031 Exchange
Yes
Conventional
Yes

Commercial Amenities

None
Yes

Utilities Installed

Electricity
Yes
Natural Gas
Yes
Water - City
Yes
WWT - City Sewer
Yes
Other - See Remarks
Yes

Internal Amenities

Bathroom
Yes
Security/Alarm
Yes
Other - See Remarks
Yes

Parking

On-Site
Yes

Pets/Animals

Domestic
Yes

Property Features

Bathrooms: Interior; Other - See Remarks Building Type: 5+ Units; Other - See Remarks Business Location: Freestanding Bldg Commercial Amenities: None Construction: Frame - Wood; Stucco Cooling: Ceiling Fan(s); Central Air; Room A/C; Other; See Remarks External Amenities: Landscaped; Paved Parking; Other - See Remarks Flooring: Carpet; Laminate; Tile Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Security/Alarm; Other - See Remarks Parking: On-Site Possession: Subject to Tenant Records Available: Other - See Remarks Road Responsibility: Paved Roof: Rolled/Hot Mop Utilities Installed: Electricity; Natural Gas; Water - City; WWT - City Sewer; Other - See Remarks
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: June - 20 - 2023
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