$1,700,000
Prescott, AZ 86303
MLS# 1045563
Status: Closed
8032 sqft
1 / 13
Property Description
Unique Prescott 8plex. This property has been professionally managed and excellently maintained for decades. Current rental rates below market and this property still has incredible/steady cash flow. Each unit 2 bedroom 2 bath. Each unit has all appliances including washers and dryers. Decks, views, ample paved parking.
Details
Maps
Contract/Address/Legal
Original List Price: 1750000
Listing Date: 2022-02-26
Status: Closed
Listing Price: 1750000
List Price/SqFt: 218
Rent/Lease: No
Street #: 1305
Street Name: Moore
St Suffix: Place
City/Township: Prescott
State: AZ
Zip Code: 86303
Subdivision: Green Manor Heights
Neighborhood: N/A
County: Yavapai
Zoning: MF-H
REO/Short Sale: Not Applicable
Tax Parcel: 114-06-059
Assessor's Book #: 114
Assessor's Map #: 6
Assessor's Parcel #: 59
Legal: LOT 1 BLOCK G GREEN MANOR HEIGHTS AMD BOOK 4 PAGE 7
General Property Description
Lot #: 1
Lot Size: 17950
Aprx Acres: 0.41
Total Liveable SqFt: 8032
Source of Measuremnt: County Assessor
Buildings: 2
Stories: 2
Year Built: 1996
Management: Mgmt Company
Gross Vol/Yr $: 75235
Vac Rate %: 5
HOA Y/N: No
Baths - Full: 8
More than 5 Units: Yes
Tax Info
Taxes: 3497
Tax Year: 2021
Remarks & Misc
Directions: Gurley to Robinson to Moore Place. Easy to exit through Rush Street if heading back into Prescott.
Office/Member Info
Compensation: 2
Compensation Type: %
Status Change Info
Under Contract Date: 2022-03-02
Sold Date: 2022-04-20
Sold Price: $1,700,000
Sold Price/SqFt: 212
Financing: Cash
Unit 1
Unit ID: A1
# BR: 2
# BA: 2
SqFt: 1004
Rent $: 785
Unit 2
Unit ID: A2
# BR: 2
# BA: 2
SqFt: 1004
Rent $: 785
Unit 3
Unit ID: A3
# BR: 2
# BA: 2
SqFt: 1004
Rent $: 875
Unit 4
Unit ID: A4
# BR: 2
# BA: 2
SqFt: 1004
Rent $: 830
Unit 5
Unit ID: B1
# BR: 2
# BA: 2
SqFt: 1004
Rent $: 785
Property Features
Building Type: 5+ Units
Construction: Frame - Wood
Cooling: Ceiling Fan(s); Central Refriger
External Amenities: Patio/Deck/Balcony; Other - See Remarks
Flooring: Carpet; Vinyl
Heating: Forced - Gas
Owner Pays: Trash; Water
Possession: At Recordation
Records Available: None
Road Frontage Type: City Street
Road Responsibility: City Maintained Road
Roof: Asphalt Shingle
Terms & Conditions: 1031 Exchange; Conventional
Utilities Installed: Electricity; Natural Gas; Water - City; WWT - City Sewer
Water Heater: Natural Gas
Unit 1 Parking: 1 Car; Off Street
Unit 1 Info: Ceiling Fan(s); Dishwasher; Fire/Smoke Detectors; Laundry Room; Range/Oven; Refrigerator; W/D Connection; Other - See Remarks
Unit 2 Parking: 1 Car; Off Street
Unit 2 Info: Ceiling Fan(s); Dishwasher; Fire/Smoke Detectors; Laundry Room; Range/Oven; Refrigerator; W/D Connection; Other - See Remarks
Unit 3 Parking: 1 Car; Off Street
Unit 3 Info: Ceiling Fan(s); Dishwasher; Fire/Smoke Detectors; Laundry Room; Range/Oven; Refrigerator; W/D Connection; Other - See Remarks
Unit 4 Parking: 1 Car; Off Street
Unit 4 Info: Ceiling Fan(s); Dishwasher; Fire/Smoke Detectors; Laundry Room; Range/Oven; Refrigerator; W/D Connection; Other - See Remarks
Unit 5 Parking: 1 Car; Off Street
Unit 5 Info: Ceiling Fan(s); Dishwasher; Fire/Smoke Detector; Laundry Room; Range/Oven; Refrigerator; W/D Connection; Other - See Remarks
Listing Office: Southwest Property Sales Lsing
Last Updated: May - 17 - 2022
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