831 Gail Gardner Way, Prescott, AZ 86305 (MLS# 1052174)


$6,300,000
831 Gail Gardner Way
Prescott, AZ 86305
MLS# 1052174
22988 sqft


831 Gail Gardner Way, Prescott, AZ 86305
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Property Description
Incredible Investment Opportunity. 7 Parcels totaling 13 buildings and 22,988 SQFT with a single tenant occupying operating a well established healthcare business. Building mix includes medical space, office buildings, and both single and multifamily group care homes. 5% CAP Rate. All triple net 11 year leases each with a personal guaranty and increasing 2.5% annually through 2033. Great locations close to downtown. Parcels Include 115-08-081B - 831 Gail Gardner, 113-11-010 - 655 W Gurley, 109-06-101 - 707-711 W Gurley, 113-11-068 - 812 W Gurley, 113-11-064 - 814 W Gurley, 113-11-065A - 818 W Gurley, 113-11-066B - 822 W Gurley.

Details
Maps
Documents
Contract/Address/Legal
Original List Price: 6300000
Listing Date: 2022-10-26
Status: Active
Listing Price: 6300000
List Price/SqFt: 274
Street #: 831
Street Name: Gail Gardner
St Suffix: Way
City/Township: Prescott
State: AZ
Zip Code: 86305
County: Yavapai
Comm Type: Health Care
Zoning: BG
Business Type: Healthcare
Business Name: Royal Life Centers
Tax Parcel: 115-08-081B
Assessor's Book #: 115
Assessor's Map #: 8
Assessor's Parcel #: 81
Assessor Parcel Ltr: B
REO/Short Sale: Not Applicable
Legal: A PARCEL OF LAND BEING A PORTION OF ABAND R/R R/W IN SEC 29 14 2W LYING BETWEEN THE MCILVAIN TRACT AND GARDENLAND TRACT CONT .62 A C MORE OR LESS
General Property Description
Lot Size: 27287
Aprx Acres: 2.6
Buildings: 14
Total Liveable SqFt: 22988
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 50
Year Built: 1998
Management: Owner
NOI $: 318000
Cap %: 5
Property Use: Investment Prop
Construction Status: Existing
Tax Info
Taxes: 6187
Tax Year: 2022
Remarks & Misc
Directions: For 831 Gail Gardner - Iron Springs Road South on Gail Gardner Way; building on East side of the rd. For All Gurley Properties - West on Gurley St to all parcels.
Property Features
Bathrooms: Other - See Remarks
Building Type: 2-4 Units; 5+ Units; Medical/Dental; Office - Building; Other - See Remarks
Business Location: Corner Location; Multiple Locations; Office/Professional; Other - See Remarks
Commercial Amenities: Other - See Remarks
Construction: Frame - Wood; Other - See Remarks
Cooling: Ceiling Fan(s); Central Air; Evaporative
External Amenities: Drip System; Fence; Handicap Access; Landscaped; Paved Parking; Security Lights; Other - See Remarks
Flooring: Carpet; Laminate; Tile; Vinyl; Wood; Other - See Remarks
Heating: Electric; Gas
Internal Amenities: Bathroom; Ceiling Fan(s); Fire/Smoke Detector; Kitchen; Security/Alarm; Sprinklers; Other - See Remarks
Parking: On-Site; Security; Street Parking; Other - See Remarks
Records Available: Other - See Remarks
Road Access Maint: Maint-City
Roof: Asphalt Shingle; Welded Membrane
Pets/Animals: Domestic
Terms & Conditions: Conventional
Utilities Installed: 220; Electricity; Natural Gas; Security System; Telephone; Underground; Water - City; WWT - City Sewer; Other - See Remarks

Listing Office: Realty One Group Mount. Desert

Last Updated: October - 26 - 2022


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.

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