$1,050,000
Prescott Valley, AZ 86314
MLS# 1048742
Status: Closed
6 baths | 7264 sqft
1 / 36
Property Description
Great income property, this 6-unit office complex is 100% leased. Concrete Parking Lot, Re-Painted in 2021, and a new Fire Panel in 2021. Listed for $158 PSF at a 7.33% CAP RATE. Financials available with a signed non-disclosure agreement.
Details
Maps
Contract/Address/Legal
Original List Price: 1150000
Listing Date: 2022-06-16
Status: Closed
Listing Price: 1150000
List Price/SqFt: 158
Street #: 8841
Direction: E
Street Name: Florentine
St Suffix: Road
City/Township: Prescott Valley
State: AZ
Zip Code: 86314
Subdivision: Prescott Valley Unit #14
Neighborhood: N/A
County: Yavapai
Comm Type: Office
Zoning: C2-3
Zoning Description: Comm Sales & Service
Tax Parcel: 103-31-028A
Assessor's Book #: 103
Assessor's Map #: 31
Assessor's Parcel #: 28
Assessor Parcel Ltr: A
REO/Short Sale: Not Applicable
Legal: LOTS 3996 & 3997 SEC 24-14-1W PRESCOTT VALLEY UNIT 14 BOOK 32 PAGE 8
General Property Description
Lot Size: 21003
Aprx Acres: 0.48
Buildings: 1
Total Liveable SqFt: 7264
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 31
Year Built: 1998
Management: Owner
Gross Vol/Yr $: 108654
NOI $: 84284.25
Cap %: 7.33
CAM $: 30033
Baths - Full: 6
Traffic Count Per Day: 2555
Property Use: Investment Prop
Construction Status: Existing
Total Bathrooms: 6
CC & R Fees: 7265
Tax Info
Taxes: 12310
Tax Year: 2021
Remarks & Misc
Directions: Traveling East on State Route 69, turn left onto Truwood Drive, then right onto East Florentine. Property is on right hand side of the street.
Office/Member Info
Listing Exclusions: No
Compensation: 2.5
Compensation Type: %
Status Change Info
Under Contract Date: 2023-04-26
Sold Date: 2023-06-16
Sold Price: $1,050,000
Sold Price/SqFt: 145
Financing: Cash
Heating
Natural Gas: 1
Property Features
Bathrooms: Interior; Unisex
Building Type: 5+ Units; Medical/Dental; Office - Building; Retail - Shopping Center
Business Location: Commercial Strip; Office/Professional
Commercial Amenities: Ceiling Ht. Under 12
Construction: Stucco
Cooling: Ceiling Fan(s); Central Air
External Amenities: Handicap Access; Paved Parking
Flooring: Carpet; Tile
Internal Amenities: Bathroom; Fire/Smoke Detector
Parking: On-Site
Possession: Subject to Tenant
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road; Paved
Roof: Rolled/Hot Mop; Tile
Pets/Animals: None
Terms & Conditions: 1031 Exchange; Conventional; SBA
Utilities Installed: 220; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Listing Office: Prescott Commercial Real Estate
Last Updated: June - 16 - 2023
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