$1,450,000
MLS# 888674
Status: Closed
13056 sqft
1 / 6
Property Description
Excellent rental history and cash flow. 15 Two Bedroom units @ $650/mo, and 1 One Bedroom @ $550/mo. Onsite laundry (nat gas) generates additional income. Vacant pad onsite is approved for additional 2BR/2BA 4-plex. Property currently consists of 2 single-level 4-plexs and 2 two-story 4-plexs. Each unit has patio or decks, Spanish tile roofs, fireplaces (most) and appx. 816 sf. 1.4+ acre site features boulder outcroppings and plenty of parking. 7 CAP at list price. Call for package
Details
Contract/Address/Legal
List Price/SqFt: 111
Rent/Lease: No
REO/Short Sale: Not Applicable
Zoning: RBMH
Assessor's Book #: 113
Assessor's Map #: 8
Assessor's Parcel #: 40
Legal: DAMERON TRACT, BLOCK 14, BY METES AND BOUNDS (The Boulders)
General Property Description
Aprx Acres: 1.5
Lot #: 0
Lot Size: 245X235X274X305
HOA Y/N: No
Buildings: 4
Source of Measuremnt: County Assessor
Stories: 2
Management: Owner
Gross Vol/Yr $: 126000
Vac Rate %: 5
More than 5 Units: Yes
Total Liveable SqFt: 13056
Year Built: 1982
NOI $: 99936
Cap %: 7
Baths - Full: 2
Tax Info
Taxes: 6101
Tax Year: 2003
Remarks & Misc
Directions: MILLER VALLEY, E. ON HILLSIDE, S. ON DAMERON
Remarks: Excellent rental history and cash flow. 15 Two Bedroom units @ $650/mo, and 1 One Bedroom @ $550/mo. Onsite laundry (nat gas) generates additional income. Vacant pad onsite is approved for additional 2BR/2BA 4-plex. Property currently consists of 2 single-level 4-plexs and 2 two-story 4-plexs. Each unit has patio or decks, Spanish tile roofs, fireplaces (most) and appx. 816 sf. 1.4+ acre site features boulder outcroppings and plenty of parking. 7 CAP at list price. Call for package
Office/Member Info
Listing Exclusions: No
Status Change Info
Sold Price/SqFt: 111
Financing: Conventional
Under Contract Date: 2005-05-05
Sold Date: 2005-06-20
Sold Price: $1,450,000
Building Type
5+ Units: 1
Construction
Block: 1
Frame - Wood: 1
Cooling
Ceiling Fan(s): 1
External Amenities
Fence: 1
Landscaped: 1
Laundry Facilities: 1
Patio/Deck/Balcony: 1
Flooring
Carpet: 1
Vinyl: 1
Heating
Gas Stove: 1
Radiant: 1
Wood Stove: 1
Owner Pays
Sewer: 1
Trash: 1
Water: 1
Possession
Subject to Tenant: 1
Records Available
Record of Survey: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Road Responsibility
County Maintained Road: 1
Roof
Tile: 1
Terms & Conditions
Conventional: 1
Utilities Installed
Cable TV: 1
Electricity: 1
Individual Meter: 1
Natural Gas: 1
Telephone: 1
Water - City: 1
WWT - City Sewer: 1
Water Heater
Electric: 1
Unit 1
Unit ID: 15
# BR: 2
# BA: 1
SqFt: 816
Rent $: 650
Unit 1 Info
Other - See Remarks: 1
Unit 2
Unit ID: 1
# BR: 1
# BA: 1
SqFt: 600
Rent $: 550
Unit 2 Parking
Off Street: 1
Unit 2 Info
Other - See Remarks: 1
Unit 3 Info
Other - See Remarks: 1
Unit 4 Info
Other - See Remarks: 1
Unit 5 Info
Other - See Remarks: 1
ContractAddressLegal
Original List Price: 1450000
Listing Date: 2005-01-21
Status: Closed
Listing Price: 1450000
City/Township: Prescott
State: AZ
Zip Code: 86301
Property Features
Building Type: 5+ Units
Construction: Block; Frame - Wood
Cooling: Ceiling Fan(s)
External Amenities: Fence; Landscaped; Laundry Facilities; Patio/Deck/Balcony
Flooring: Carpet; Vinyl
Heating: Gas Stove; Radiant; Wood Stove
Owner Pays: Trash; Water
Possession: Subject to Tenant
Records Available: Record of Survey
Road Frontage Type: City Street
Road Surface Type: Paved
Road Responsibility: County Maintained Road
Roof: Tile
Utilities Installed: Cable TV; Electricity; Individual Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer
Water Heater: Electric
Unit 1 Info: Other - See Remarks
Unit 2 Parking: Off Street
Unit 2 Info: Other - See Remarks
Unit 3 Info: Other - See Remarks
Unit 4 Info: Other - See Remarks
Unit 5 Info: Other - See Remarks
Listing Office: Liberty Management Group
Last Updated: June - 20 - 2023
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