820 Ainsworth Drive, Prescott, AZ 86301

$1,870,000
Property Type: Commercial/Indstrial Square Footage: 9,071 Lot Size (sq. ft.): 38,333 Status: Closed
Current Price: $1,870,000 List Date: 11/05/2019 Last Modified: 9/14/2020

Overview

Description

Fully Leased 9,071 Sq. Ft. of professionally managed and maintained A+ Medical Offices in 2 buildings with dedicated parking. Current long term tenants include YRMC and Dermatology Group. Located directly behind YRMC these buildings are in the prime medical location of Prescott. With a CAP rate of 7.4% this property is an excellent investment opportunity.

Listing Details MLS# 1025737

ContractAddressLegal

Original List Price
1999999
Listing Price
1999999
Street #
820
Street Name
Ainsworth
St Suffix
Drive
City/Township
Prescott
State
AZ
Zip Code
86301
County
Yavapai
Tax Parcel
116-19-048A

General Property Description

Aprx Acres
0.88
Buildings
2
Total Liveable SqFt
9071
Source of Measuremnt
County Assessor
Stories
Yes
Parking Spaces
54
Year Built
1997
Management
Mgmt Company
NOI $
145470
Cap %
7.43
CAM $
43243
Baths - Full
3
Property Use
Investment Prop
Construction Status
Existing
Space Available
No
CC & R
No
CC & R Type
None
Vac Rate %
0
GRM
No

Tax Info

Taxes
18567
Tax Year
2019

Status Change Info

Under Contract Date
2020-01-23
Sold Date
2020-04-24
Sold Price/SqFt
206
Financing
Exchange

Contract/Address/Legal

List Price/SqFt
220
Comm Type
Health Care
REO/Short Sale
Not Applicable
Zoning
BG
Assessor's Book #
116
Assessor's Map #
19
Assessor's Parcel #
48
Assessor Parcel Ltr
A
Legal
AN IRREG PCL NW4SW4 SW COR APROX 1787'' N & 261'' E FROM SW COR OF SEC 238-14-2W CONT .88AC

Remarks & Misc

Remarks
Fully Leased 9,071 Sq. Ft. of professionally managed and maintained A+ Medical Offices in 2 buildings with dedicated parking. Current long term tenants include YRMC and Dermatology Group. Located directly behind YRMC these buildings are in the prime medical location of Prescott. With a CAP rate of 7.4% this property is an excellent investment opportunity.

More Information

Building Type

2-4 Units
Yes
Medical/Dental
Yes

Construction

Block/Brick
Yes

Cooling

Central Air
Yes

External Amenities

Drip System
Yes
Handicap Access
Yes
Landscaped
Yes
Paved Parking
Yes
Security Lights
Yes

Flooring

Carpet
Yes
Tile
Yes

Heating

Natural Gas
Yes

Possession

Other
Yes

Records Available

Other - See Remarks
Yes

Road Responsibility

City
Yes
City Maintained Road
Yes

Roof

Metal
Yes

Bathrooms

ADA
Yes
Interior
Yes

Business Location

Freestanding Bldg
Yes

Terms & Conditions

1031 Exchange
Yes
Conventional
Yes

Commercial Amenities

Ceiling Ht. Under 12
Yes

Utilities Installed

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

Internal Amenities

Bathroom
Yes
Fire/Smoke Detector
Yes
Kitchen
Yes

Parking

On-Site
Yes
Street Parking
Yes

Property Features

Bathrooms: ADA; Interior Building Type: 2-4 Units; Medical/Dental Business Location: Freestanding Bldg Commercial Amenities: Ceiling Ht. Under 12 Construction: Block/Brick Cooling: Central Air External Amenities: Drip System; Handicap Access; Landscaped; Paved Parking; Security Lights Flooring: Carpet; Tile Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Fire/Smoke Detector; Kitchen Parking: On-Site; Street Parking Possession: Other Records Available: Other - See Remarks Road Responsibility: City Maintained Road Roof: Metal Utilities Installed: Electricity; Individual Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer

Documents

Listing Office: Sumner Commercial Real Estate
Last Updated: September - 14 - 2020
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.