$2,160,000
Prescott, AZ 86303
MLS# 1056543
Status: Closed
12 baths | 6229 sqft
1 / 24
Property Description
Introducing the Gordon James boutique lodge, nestled in Downtown Prescott. This investment opportunity offers prime location and top-tier amenities, making it the most sought-after lodging option. The lodge is conveniently situated near the historic Courthouse Plaza, allowing guests to explore on foot. With twelve accommodations, including one two-bedroom unit and a stylish studio, each unit is equipped with a full kitchen, and spacious living areas. The lodge caters to nightly and extended stay guests, accommodating different business models. Imprint your own vision and style on this boutique lodge. This renovated gem in Prescott's hospitality market offers an attractive asset. Capitalize on the demand for upscale accommodations and secure your place in the future of luxury lodging today.
Details
Maps
Contract/Address/Legal
Original List Price: 2450000
Listing Date: 2023-05-31
Status: Closed
Listing Price: 2299000
List Price/SqFt: 369
Street #: 409
Direction: S
Street Name: Montezuma
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86303
Subdivision: None
Neighborhood: N/A
County: Yavapai
Comm Type: Hotel/Motel
Zoning: BR
Tax Parcel: 109-03-081
Assessor's Book #: 109
Assessor's Map #: 3
Assessor's Parcel #: 81
REO/Short Sale: Not Applicable
Legal: LOTS 4 6 BLOCK 32 PRESCOTT BOOK 4 PAGE 22
General Property Description
Lot Size: 14787
Aprx Acres: 0.34
Buildings: 2
Total Liveable SqFt: 6229
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 12
Year Built: 1950
Baths - Full: 12
Date Available: 2023-06-01
Total Bathrooms: 12
Tax Info
Taxes: 3947
Tax Year: 2022
Remarks & Misc
Directions: From the downtwon courthouse, go approx 2 blocks South on Montezuma to the property on the Left.
Office/Member Info
Listing Exclusions: No
Compensation: 2.25
Compensation Type: %
Status Change Info
Under Contract Date: 2023-11-30
Sold Date: 2023-12-11
Sold Price: $2,160,000
Sold Price/SqFt: 347
Financing: Cash
Property Features
Bathrooms: Interior; Staff
Building Type: 5+ Units; Motel/Hotel
Business Location: Freestanding Bldg
Commercial Amenities: Ceiling Ht. Under 12
Construction: Frame - Wood; Stucco
Cooling: Heat Pump
External Amenities: Fence; Paved Parking
Flooring: Carpet; Vinyl; Wood
Heating: Electric; Heat Pump
Internal Amenities: Bathroom; Ceiling Fan(s); Fire/Smoke Detector; Kitchen
Parking: On-Site
Possession: At Recordation
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road; Paved
Roof: Asphalt Shingle
Terms & Conditions: 1031 Exchange; Conventional
Utilities Installed: Electricity; Master Meter; Natural Gas; Telephone; Underground; Water - City; WWT - City Sewer
Supplements
upscale accommodations and secure your place in the future of luxury lodging today.
Listing Office: eXp Realty- Prescott
Last Updated: December - 11 - 2023
The listing broker’s offer of compensation is the dollar amount or percentage of sale price the listing broker offers to pay a broker who (a) participates in the multiple listing service where the listing broker filed the listing and (b) procures the buyer for a successful transaction.
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.