$1,675,000
Prescott, AZ 86301
MLS# 955641
Status: Closed
9282 sqft
1 / 7
Property Description
Outstanding opportunity to own a fully leased medical office building adjacent to Yavapai Regional Medical Center. The Cap Rate and NOI shown include a 5% vacancy or repair/maintenance factor. leases with four tenants have staggered expiration dates in 2013, 2014 and 2015.
Details
Contract/Address/Legal
Original List Price: 1875000
Listing Date: 2011-06-01
Status: Closed
Listing Price: 1875000
List Price/SqFt: 202
Street #: 804
Street Name: Ainsworth
St Suffix: Drive
City/Township: Prescott
State: AZ
Zip Code: 86301
County: Yavapai
Comm Type: Office
Zoning: BG
Business Type: Other
Tax Parcel: 116-19-001M
Assessor's Book #: 116
Assessor's Map #: 19
Assessor's Parcel #: 1
Assessor Parcel Ltr: M
Legal: Howard & Edith Bartee Sub Parcel C Cont 1.12ac Sec 28-14-2w M&P 50/33-34
General Property Description
Aprx Acres: 1.12
Buildings: 1
Total Liveable SqFt: 9282
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 62
Year Built: 2003
Management: Owner
Gross Vol/Yr $: 168470
NOI $: 160045
Cap %: 9
CAM $: 14039
GRM: 2370
Property Use: Investment Prop
Construction Status: Existing
CC & R: No
Tax Info
Taxes: 19767
Tax Year: 2010
Remarks & Misc
Directions: Willow Creek, east on Ainsworth, left into complex just before road curves.
Office/Member Info
Compensation: 2
Compensation Type: %
Status Change Info
Under Contract Date: 2011-08-15
Sold Date: 2011-09-29
Sold Price: $1,675,000
Sold Price/SqFt: 180
Financing: Conventional
Property Features
Bathrooms: Unisex
Building Type: 2-4 Units; Medical/Dental
Business Location: Business Park; Office/Professional; Traffic Signal
Commercial Amenities: Ceiling Ht. Under 12; Ceiling Ht. 12-15
Construction: Frame - Wood; Stucco
Cooling: Central Air
External Amenities: Handicap Access; Landscaped; Paved Parking
Flooring: Carpet; Laminate; Tile
Heating: Natural Gas; Natural Gas
Internal Amenities: Security/Alarm
Parking: Other - See Remarks
Possession: At Recordation
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road
Roof: Asphalt Shingle
Terms & Conditions: Conventional
Utilities Installed: 220; Electricity; Individual Meter; Natural Gas; Telephone; Underground; Water - City; WWT - City Sewer
Listing Office: Keller Williams Check Realty
Last Updated: April - 05 - 2018
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.
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