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

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!

More Information MLS# 1034037

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

General Property Description

Aprx Acres: 2.83 Lot Size: 123241 Buildings: 2 Source of Measuremnt: County Assessor Stories: 2 Parking Spaces: 24 Management: Owner Vac Rate %: 0 CAM $: 0 GRM: 15 CC & R: Yes Property Use: Investment Prop Construction Status: Existing Total Liveable SqFt: 7832 Year Built: 1967 NOI $: 132924 Cap %: 6.7 Baths - Full: 12

Tax Info

Taxes: 3826 Tax Year: 2020

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!

Office/Member Info

Listing Exclusions: No

Status Change Info

Sold Price/SqFt: 245 Financing: Cash Under Contract Date: 2021-02-26 Sold Date: 2021-03-26 Sold Price: $1,920,000

Building Type

5+ Units: 1 Other - See Remarks: 1

Construction

Frame - Wood: 1 Stucco: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Room A/C: 1 Other: 1 See Remarks: 1

External Amenities

Landscaped: 1 Paved Parking: 1 Other - See Remarks: 1

Flooring

Carpet: 1 Laminate: 1 Tile: 1

Heating

Natural Gas: 1

Possession

Subject to Tenant: 1

Records Available

Other - See Remarks: 1

Road Responsibility

City: 1 Paved: 1

Roof

Rolled/Hot Mop: 1

Bathrooms

Interior: 1 Other - See Remarks: 1

Business Location

Freestanding Bldg: 1

Terms & Conditions

1031 Exchange: 1 Conventional: 1

Commercial Amenities

None: 1

Utilities Installed

Electricity: 1 Natural Gas: 1 Water - City: 1 WWT - City Sewer: 1 Other - See Remarks: 1

Internal Amenities

Bathroom: 1 Security/Alarm: 1 Other - See Remarks: 1

Parking

On-Site: 1

Pets/Animals

Domestic: 1

ContractAddressLegal

Original List Price: 19950000 Listing Date: 2020-11-02 Status: Closed 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

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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