Prescott, AZ 86303
$2,414,000
Property Type:
Multi-Family
Square Footage:
27,966
Lot Size (sq. ft.):
63,598
Status:
Closed
Current Price:
$2,414,000
List Date:
8/06/2005
Last Modified:
4/12/2018
Description
32 unit apartment complex in historic neighborhood. Currently, 20 units are long term lease units and 12 are vacation units. Vacation units are furnished. Parking consists of 29 covered carports and 14 uncovered spaces. Laundry room. 32 storage closets. Beautiful mature landscaping. Walk to downtown.See attachment for financial information. These financial numbers are based on projected long-term rentals, not vacation rentals that actually exist today.
More Information MLS# 894209
ContractAddressLegal
Original List Price: 2700000
Listing Date: 2005-08-06
Status: Closed
Listing Price: 2700000
City/Township: Prescott
State: AZ
Zip Code: 86303
General Property Description
Lot #: 1-7
Lot Size: Irregular
Aprx Acres: 1.46
Total Liveable SqFt: 27966
Source of Measuremnt: Owner
Buildings: 8
Stories: 2
Year Built: 1965
Management: Owner
Gross Vol/Yr $: 245137
NOI $: 141710
Vac Rate %: 5
Cap %: 5
HOA Y/N: No
Baths - Full: 3
More than 5 Units: Yes
Tax Info
Taxes: 9780
Tax Year: 2004
Builder Name: Unknown
Status Change Info
Under Contract Date: 2005-09-09
Sold Date: 2006-01-03
Sold Price: $2,414,000
Sold Price/SqFt: 86
Financing: Owner Will Carry
Unit 1
Unit ID: 30
# BR: 2
# BA: 1
SqFt: 880
Unit 2
Unit ID: 1
# BR: 2
# BA: 2
SqFt: 1000
Unit 3
Unit ID: 1
# BR: 3
# BA: 2
SqFt: 1150
Property Features
Building Type: 5+ Units
Construction: Block
Cooling: Central Refriger; Room Refrigeration
External Amenities: Landscaped; Laundry Facilities; Patio/Deck/Balcony; Sprinkler/Drip
Flooring: Carpet; Concrete; Vinyl
Heating: Forced - Gas
Owner Pays: Trash; Water
Possession: At Recordation
Records Available: Other - See Remarks
Road Frontage Type: City Street
Road Responsibility: City Maintained Road
Roof: Hot Mop w/Chip; Rolled/Hot Mop
Utilities Installed: Cable TV; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Water Heater: Natural Gas
Unit 1 Info: Fire/Smoke Detectors; Range/Oven
Listing Office: RE/MAX Mountain Properties
Last Updated: April - 12 - 2018
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.