$1,485,000
Prescott, AZ 86303
MLS# 1011240
Status: Closed
8556 sqft
1 / 9
Property Description
Well maintained 10 unit complex near downtown. These two bedroom, 1.5 bath units have easy living floorplan. Open living downstairs feels spacious with living, dining, kitchen and .5 bath which flows to outside fenced small patio/yard and storage. Upstairs has two nice size bedrooms and full bath. These units are easy to lease. Would make nice short term rentals. Property was platted as condos and county says they could be replatted.These units have still have some upside to rents. Can't find these often.
Details
Maps
Contract/Address/Legal
List Price/SqFt: 174
Rent/Lease: No
REO/Short Sale: Not Applicable
Zoning: MF-M
Assessor's Book #: 109
Assessor's Map #: 4
Assessor's Parcel #: 83
Assessor Parcel Ltr: N
Legal: LOTS 8 & 10, BLK 34, CITY OF PRESCOTT ORIGINAL TOWNSITE PER MP 4/ 22 S4-T13N-R2W (ALL OF COURTYARD CONDOMINIUM PER MP 46/68) S4-T13 N-R2W, CONT. 26.10
General Property Description
Aprx Acres: 0.34
Lot #: 8
Lot Size: 14810
HOA Y/N: No
Buildings: 2
Source of Measuremnt: Owner
Stories: 2
Management: Owner
Gross Vol/Yr $: 116551
Vac Rate %: 3
More than 5 Units: Yes
Total Liveable SqFt: 8556
Year Built: 1982
NOI $: 92700
Cap %: 6.24
Baths - Full: 10
Tax Info
Taxes: 4021
Tax Year: 2017
Remarks & Misc
Directions: Gurley St to South on Marina to property on Left.
Remarks: Well maintained 10 unit complex near downtown. These two bedroom, 1.5 bath units have easy living floorplan. Open living downstairs feels spacious with living, dining, kitchen and .5 bath which flows to outside fenced small patio/yard and storage. Upstairs has two nice size bedrooms and full bath. These units are easy to lease. Would make nice short term rentals. Property was platted as condos and county says they could be replatted.These units have still have some upside to rents. Can't find these often.
Office/Member Info
Listing Exclusions: No
Status Change Info
Sold Price/SqFt: 174
Financing: Cash
Under Contract Date: 2018-04-20
Sold Date: 2018-05-18
Sold Price: $1,485,000
Building Type
5+ Units: 1
Construction
Stucco: 1
Cooling
Central Refriger: 1
External Amenities
Fence: 1
Landscaped: 1
Laundry Facilities: 1
Flooring
Carpet: 1
Laminate: 1
Heating
Forced - Gas: 1
Owner Pays
Sewer: 1
Trash: 1
Water: 1
Possession
At Recordation: 1
Records Available
None: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Road Responsibility
City Maintained Road: 1
Roof
Rolled/Hot Mop: 1
Terms & Conditions
1031 Exchange: 1
Conventional: 1
Utilities Installed
Cable TV: 1
Electricity: 1
Individual Meter: 1
Master Meter: 1
Natural Gas: 1
Telephone: 1
Water - City: 1
WWT - City Sewer: 1
Water Heater
Natural Gas: 1
Unit 1
Unit ID: 1
# BR: 2
# BA: 1.5
SqFt: 843
Tenant Utilities: Elec, Gas
Rent $: 1025
Unit 1 Parking
1 Car: 1
Off Street: 1
Unit 1 Info
Disposal: 1
Fire/Smoke Detectors: 1
Microwave: 1
Porch/Patio: 1
Range/Oven: 1
Storage Room: 1
Unit 2
Unit ID: 2
# BR: 2
# BA: 1.5
SqFt: 843
Tenant Utilities: Elec, Gas
Rent $: 922
Unit 2 Parking
1 Car: 1
Off Street: 1
Unit 2 Info
Disposal: 1
Fire/Smoke Detectors: 1
Microwave: 1
Porch/Patio: 1
Range/Oven: 1
Storage Room: 1
Unit 3
Unit ID: 3
# BR: 2
# BA: 1.5
SqFt: 843
Tenant Utilities: Elec, Gas
Rent $: 845
Unit 3 Parking
1 Car: 1
Off Street: 1
Unit 3 Info
Disposal: 1
Fire/Smoke Detectors: 1
Microwave: 1
Porch/Patio: 1
Range/Oven: 1
Storage Room: 1
Unit 4
Unit ID: 4
# BR: 2
# BA: 1.5
SqFt: 843
Tenant Utilities: Elec, Gas
Rent $: 972
Unit 4 Parking
1 Car: 1
Off Street: 1
Unit 4 Info
Disposal: 1
Fire/Smoke Detectors: 1
Microwave: 1
Porch/Patio: 1
Range/Oven: 1
Storage Room: 1
Unit 5
Unit ID: 5
# BR: 2
# BA: 1.5
SqFt: 843
Tenant Utilities: Elec, Gas
Rent $: 855
Unit 5 Parking
1 Car: 1
Off Street: 1
Unit 5 Info
Disposal: 1
Fire/Smoke Detector: 1
Microwave: 1
Porch/Patio: 1
Range/Oven: 1
Storage Room: 1
ContractAddressLegal
Original List Price: 1485000
Listing Date: 2018-04-02
Status: Closed
Listing Price: 1485000
Street #: 415
Direction: S
Street Name: Marina
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86303
County: Yavapai
Tax Parcel: 109-04-083N
Property Features
Building Type: 5+ Units
Construction: Stucco
Cooling: Central Refriger
External Amenities: Fence; Landscaped; Laundry Facilities
Flooring: Carpet; Laminate
Heating: Forced - Gas
Owner Pays: Trash; Water
Possession: At Recordation
Records Available: None
Road Frontage Type: City Street
Road Surface Type: Paved
Road Responsibility: City Maintained Road
Roof: Rolled/Hot Mop
Utilities Installed: Cable TV; Electricity; Individual Meter; Master Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer
Water Heater: Natural Gas
Unit 1 Parking: 1 Car; Off Street
Unit 1 Info: Disposal; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Storage Room
Unit 2 Parking: 1 Car; Off Street
Unit 2 Info: Disposal; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Storage Room
Unit 3 Parking: 1 Car; Off Street
Unit 3 Info: Disposal; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Storage Room
Unit 4 Parking: 1 Car; Off Street
Unit 4 Info: Disposal; Fire/Smoke Detectors; Microwave; Porch/Patio; Range/Oven; Storage Room
Unit 5 Parking: 1 Car; Off Street
Unit 5 Info: Disposal; Fire/Smoke Detector; Microwave; Porch/Patio; Range/Oven; Storage Room
Listing Office: Invest Southwest
Last Updated: October - 10 - 2018
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