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
Contract/Address/Legal
List Price/SqFt: 96
Rent/Lease: Yes
REO/Short Sale: Not Applicable
Zoning: MF-H
Assessor's Book #: 109
Assessor's Map #: 4
Assessor's Parcel #: 42
Legal: Carleton Terrace Includes 10 parcels
General Property Description
Aprx Acres: 1.46
Lot #: 1-7
Lot Size: Irregular
HOA Y/N: No
Buildings: 8
Source of Measuremnt: Owner
Stories: 2
Management: Owner
Gross Vol/Yr $: 245137
Vac Rate %: 5
More than 5 Units: Yes
Total Liveable SqFt: 27966
Year Built: 1965
NOI $: 141710
Cap %: 5
Baths - Full: 3
Tax Info
Taxes: 9780
Tax Year: 2004
Builder Name: Unknown
Remarks & Misc
Directions: Montezuma, E on Carleton to property
Remarks: 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.
Office/Member Info
Listing Exclusions: No
Status Change Info
Sold Price/SqFt: 86
Financing: Owner Will Carry
Under Contract Date: 2005-09-09
Sold Date: 2006-01-03
Sold Price: $2,414,000
Building Type
5+ Units: 1
Construction
Block: 1
Cooling
Central Refriger: 1
Room Refrigeration: 1
External Amenities
Landscaped: 1
Laundry Facilities: 1
Patio/Deck/Balcony: 1
Sprinkler/Drip: 1
Flooring
Carpet: 1
Concrete: 1
Vinyl: 1
Heating
Forced - Gas: 1
Owner Pays
Sewer: 1
Trash: 1
Water: 1
Possession
At Recordation: 1
Records Available
Other - See Remarks: 1
Road Frontage Type
City Street: 1
Road Responsibility
City Maintained Road: 1
Roof
Hot Mop w/Chip: 1
Rolled/Hot Mop: 1
Terms & Conditions
Submit: 1
Utilities Installed
Cable TV: 1
Electricity: 1
Natural Gas: 1
Telephone: 1
Water - City: 1
WWT - City Sewer: 1
Water Heater
Natural Gas: 1
Unit 1
Unit ID: 30
# BR: 2
# BA: 1
SqFt: 880
Unit 1 Info
Fire/Smoke Detectors: 1
Range/Oven: 1
Unit 2
Unit ID: 1
# BR: 2
# BA: 2
SqFt: 1000
Unit 3
Unit ID: 1
# BR: 3
# BA: 2
SqFt: 1150
ContractAddressLegal
Original List Price: 2700000
Listing Date: 2005-08-06
Status: Closed
Listing Price: 2700000
City/Township: Prescott
State: AZ
Zip Code: 86303
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.