Incredible investment opportunity, cul-de-sac location with low turnover. Fully rented 20 unit apartment complex for sale in Downtown Prescott! Great location close Whiskey Row, shopping, restaurants and schools! This apartment complex includes 5, 3,584 sf buildings which house 4 apartments each, for a total of 20 units. Each apartment is 896 sf, with 2 bedrooms, 2 baths, fireplace, laundry room with w/d hookups, patio and one assigned parking spot each. RUBS utilized, tenants pay $40 a month toward water, sewer, trash. Electricity and gas are individually metered. For rental info per unit, please see attached documents. All 5 roofs are in the process of being replaced for approx $80,000. Rare opportunity, units are in great condition. Opportunity for Proforma rents!
- Price:
- $4,999,999
- Square Footage:
- 17,920
- Acreage:
- 1.77
- Year Built:
- 1989
- Listing ID #:
- 1054662
- Street Address:
- 799 Sanctuary Rd
- City:
- Prescott
- State:
- Arizona
- Postal Code:
- 86305
- County:
- Yavapai
- Listing Status:
- Active
- Listing Type:
- ResidentialMultiFamily
- Construction Description:
- Frame - Wood, Stucco
- Dwelling Type:
- 5+ Units
- Flooring:
- Carpet, Vinyl
- Number Of Units:
- 20
- Stories:
- 2.0
- Total # Of Buildings:
- 5
- Total Building Square Footage:
- 17920
- Type Of Roof:
- Tile
- Unit1 Square Footage Range:
- 896
- Unit2 Square Footage Range:
- 896
- Unit3 Square Footage Range:
- 896
- Unit4 Square Footage Range:
- 896
- Unit5 Square Footage Range:
- 896
- Year Built:
- 1989
- Conforms To Zoning:
- Mf-M
- Lot Number:
- -
- Lot Size:
- 77158
- Terms:
- 1031 Exchange, Cash, Conventional
- Price Per Square Foot:
- 279.00
- Property Taxes:
- $7,472
- Tax Year:
- 2022
- Cooling System:
- Ceiling Fan(s), Central Refriger
- Heating:
- Forced - Gas
- Utilities:
- 220, Cable Tv, Electricity, Natural Gas, Telephone, Water - City, Wwt - City Sewer
- Water Heater:
- Natural Gas
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Rent Right
