8841 E Florentine Road, Prescott Valley, AZ 86314

$1,050,000
Property Type: Commercial/Indstrial Baths: 6 Square Footage: 7,264 Lot Size (sq. ft.): 20,909 Status: Closed
Current Price: $1,050,000 List Date: 4/07/2023 Last Modified: 6/16/2023

Overview

Description

Great income property, this 6-unit office complex is 100% leased. Concrete Parking Lot, Re-Painted in 2021, and a new Fire Panel in 2021. Listed for $158 PSF at a 7.33% CAP RATE. Financials available with a signed non-disclosure agreement.

Listing Details MLS# 1048742

ContractAddressLegal

Original List Price
1150000
Listing Price
1150000
Street #
8841
Direction
E
Street Name
Florentine
St Suffix
Road
City/Township
Prescott Valley
State
AZ
Zip Code
86314
Subdivision
Prescott Valley 14
County
Yavapai
Tax Parcel
103-31-028A

General Property Description

Aprx Acres
0.48
Buildings
Yes
Total Liveable SqFt
7264
Source of Measuremnt
County Assessor
Stories
Yes
Parking Spaces
31
Year Built
1998
Management
Owner
Gross Vol/Yr $
108654
NOI $
84284.25
Cap %
7.33
CAM $
30033
Baths - Full
6
Traffic Count Per Day
2555
Property Use
Investment Prop
Construction Status
Existing
Total Bathrooms
6
CC & R Fees
7265

Tax Info

Taxes
12310
Tax Year
2021

Status Change Info

Under Contract Date
2023-04-26
Sold Date
2023-06-16
Sold Price/SqFt
145
Financing
Cash

Heating

Natural Gas
Yes

More Information

Property Features

Bathrooms: Interior; Unisex Building Type: 5+ Units; Medical/Dental; Office - Building; Retail - Shopping Center Business Location: Commercial Strip; Office/Professional Commercial Amenities: Ceiling Ht. Under 12 Construction: Stucco Cooling: Ceiling Fan(s); Central Air External Amenities: Handicap Access; Paved Parking Flooring: Carpet; Tile Internal Amenities: Bathroom; Fire/Smoke Detector Parking: On-Site Possession: Subject to Tenant Records Available: Other - See Remarks Road Responsibility: City Maintained Road; Paved Roof: Rolled/Hot Mop; Tile Utilities Installed: 220; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: Prescott Commercial Real Estate
Last Updated: June - 16 - 2023
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