$850,000
Prescott, AZ 86303
MLS# 975986
Status: Closed
7851 sqft
1 / 1
Property Description
13 Units 100% leased in downtown Prescott. 7.63% cap rate. Low Maintenance, 1 bedroom units, studios and one 1-bedroom See marketing pkg attached with income and expense for 2013
Details
Maps
Documents
Contract/Address/Legal
List Price/SqFt: 118
Rent/Lease: No
REO/Short Sale: Not Applicable
Zoning: MF-H
Assessor's Book #: 109
Assessor's Map #: 4
Assessor's Parcel #: 51
Legal: PRESCOTT LOTS 16 18 BLK 29; 178 219 266 260 501/350
General Property Description
Aprx Acres: 0
Lot #: 00
HOA Y/N: No
Buildings: 2
Source of Measuremnt: County Assessor
Stories: 2
Management: Owner
Vac Rate %: 0
More than 5 Units: Yes
Total Liveable SqFt: 7851
Year Built: 1970
NOI $: 71308
Cap %: 7.63
Baths - Full: 13
Tax Info
Taxes: 2929
Tax Year: 2013
Remarks & Misc
Directions: Gurley to ALarcon, south on Alarcon, just south of Carleton.
Remarks: 13 Units 100% leased in downtown Prescott. 7.63% cap rate. Low Maintenance, 1 bedroom units, studios and one 1-bedroom See marketing pkg attached with income and expense for 2013
Status Change Info
Sold Price/SqFt: 108
Financing: Conventional
Under Contract Date: 2014-08-28
Sold Date: 2014-10-10
Sold Price: $850,000
Building Type
5+ Units: 1
Construction
Other - See Remarks: 1
Cooling
Other: 1
See Remarks: 1
External Amenities
Other - See Remarks: 1
Flooring
Other: 1
See Remarks: 1
Heating
Other: 1
See Remarks: 1
Owner Pays
Other - See Remarks: 1
Possession
At Recordation: 1
Records Available
Other - See Remarks: 1
Road Frontage Type
City Street: 1
Roof
Other - See Remarks: 1
Terms & Conditions
Conventional: 1
Utilities Installed
Other - See Remarks: 1
Water Heater
Other - See Remarks: 1
Unit 1
Rent $: 586.5
Unit 1 Parking
Other - See Remarks: 1
Unit 1 Info
Fire/Smoke Detectors: 1
Other - See Remarks: 1
Unit 2
Rent $: 625
Unit 2 Parking
Other - See Remarks: 1
Unit 2 Info
Other - See Remarks: 1
Unit 3
Rent $: 586.5
Unit 3 Parking
Other - See Remarks: 1
Unit 3 Info
Other - See Remarks: 1
Unit 4
Rent $: 683
Unit 4 Parking
Other - See Remarks: 1
Unit 5
Rent $: 1200
Unit 5 Parking
Other - See Remarks: 1
Unit 5 Info
Other - See Remarks: 1
ContractAddressLegal
Original List Price: 995000
Listing Date: 2014-02-06
Status: Closed
Listing Price: 930000
Street #: 333
Direction: S
Street Name: Alarcon
City/Township: Prescott
State: AZ
Zip Code: 86303
County: Yavapai
Tax Parcel: 109-04-051
Property Features
Building Type: 5+ Units
Construction: Other - See Remarks
Cooling: Other; See Remarks
External Amenities: Other - See Remarks
Flooring: Other; See Remarks
Heating: Other; See Remarks
Owner Pays: Other - See Remarks
Possession: At Recordation
Records Available: Other - See Remarks
Road Frontage Type: City Street
Roof: Other - See Remarks
Utilities Installed: Other - See Remarks
Water Heater: Other - See Remarks
Unit 1 Parking: Other - See Remarks
Unit 1 Info: Fire/Smoke Detectors; Other - See Remarks
Unit 2 Parking: Other - See Remarks
Unit 2 Info: Other - See Remarks
Unit 3 Parking: Other - See Remarks
Unit 3 Info: Other - See Remarks
Unit 4 Parking: Other - See Remarks
Unit 5 Parking: Other - See Remarks
Unit 5 Info: Other - See Remarks
Offering 
Listing Office: Arizona Commercial
Last Updated: June - 20 - 2023
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