$2,414,000
MLS# 894209
Status: Closed
27966 sqft
1 / 5
Property Description
32 unit apartment complex in historic neighborhood. Currently, 20 units are long term lease units and 12 are vacation units. Vacation units are furnished. Parking consists of 29 covered carports and 14 uncovered spaces. Laundry room. 32 storage closets. Beautiful mature landscaping. Walk to downtown.See attachment for financial information. These financial numbers are based on projected long-term rentals, not vacation rentals that actually exist today.
Details
Contract/Address/Legal
Original List Price: 2700000
Listing Date: 2005-08-06
Status: Closed
Listing Price: 2700000
List Price/SqFt: 96
Rent/Lease: Yes
City/Township: Prescott
State: AZ
Zip Code: 86303
Zoning: MF-H
REO/Short Sale: Not Applicable
Tax Parcel: 109-04-042
Assessor's Book #: 109
Assessor's Map #: 4
Assessor's Parcel #: 42
Legal: Carleton Terrace Includes 10 parcels
General Property Description
Lot #: 1-7
Lot Size: Irregular
Aprx Acres: 1.46
Total Liveable SqFt: 27966
Source of Measuremnt: Owner
Buildings: 8
Stories: 2
Year Built: 1965
Management: Owner
Gross Vol/Yr $: 245137
NOI $: 141710
Vac Rate %: 5
Cap %: 5
HOA Y/N: No
Baths - Full: 3
More than 5 Units: Yes
Tax Info
Taxes: 9780
Tax Year: 2004
Builder Name: Unknown
Remarks & Misc
Directions: Montezuma, E on Carleton to property
Office/Member Info
Listing Exclusions: No
Compensation: 2
Compensation Type: %
Status Change Info
Under Contract Date: 2005-09-09
Sold Date: 2006-01-03
Sold Price: $2,414,000
Sold Price/SqFt: 86
Financing: Owner Will Carry
Unit 1
Unit ID: 30
# BR: 2
# BA: 1
SqFt: 880
Unit 2
Unit ID: 1
# BR: 2
# BA: 2
SqFt: 1000
Unit 3
Unit ID: 1
# BR: 3
# BA: 2
SqFt: 1150
Property Features
Building Type: 5+ Units
Construction: Block
Cooling: Central Refriger; Room Refrigeration
External Amenities: Landscaped; Laundry Facilities; Patio/Deck/Balcony; Sprinkler/Drip
Flooring: Carpet; Concrete; Vinyl
Heating: Forced - Gas
Owner Pays: Trash; Water
Possession: At Recordation
Records Available: Other - See Remarks
Road Frontage Type: City Street
Road Responsibility: City Maintained Road
Roof: Hot Mop w/Chip; Rolled/Hot Mop
Terms & Conditions: Submit
Utilities Installed: Cable TV; Electricity; Natural Gas; Telephone; Water - City; WWT - City Sewer
Water Heater: Natural Gas
Unit 1 Info: Fire/Smoke Detectors; Range/Oven
Listing Office: RE/MAX Mountain Properties
Last Updated: April - 12 - 2018
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