Completely renovated apartment complex in the city's Historic Motor Court District. Originally built in 1954 but extensively remodeled from top to bottom in 2017. Formerly a Motel, the property consists of 30 units; 28 studio apartments and 2 one bedroom apartments with a coin-op laundry facility. 100% occupied by renewable master lease with Catholic Charities Community Services. Excellent and secure investment opportunity located in the heart of Prescott!
Off market
$3,344,800
1141 E Gurley St, Prescott, AZ 86301
--beds
0baths
9,112sqft
MultiFamily
Built in 1982
-- sqft lot
$3,344,800 Zestimate®
$367/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Electric
Cooling
- Other
Appliances
- Included: Refrigerator
Features
- Flooring: Linoleum / Vinyl
Interior area
- Total interior livable area: 9,112 sqft
Property
Lot
- Size: 0.62 Acres
Details
- Parcel number: 11406084A
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1982
Community & neighborhood
Location
- Region: Prescott
Other
Other facts
- Construction: Frame - Wood
- External Amenities: Landscaped, Laundry Facilities
- Road Acc/Maint: Access-Paved, Maint-City, Access-City
- Terms and Conditons: 1031 Exchange, Cash, Conventional
- Utilities Installed: Electricity, Water - City, WWT - City Sewer
- Unit 1 Info: Range/Oven, Refrigerator, Porch/Patio
- Unit 2 Info: Range/Oven, Refrigerator, Porch/Patio
- Owner Pays: Sewer, Trash, Water, Other - See Remarks
- Source of Measuremnt: County Assessor
- REO/Short Sale: Not Applicable
- Flooring: Vinyl
- Management: Mgmt Company
- Cooling: Room Refrigeration, Other - See Remarks
- Water Heater: Electric
- Building Type: 5+ Units
- More than 5 Units: Yes
- Heating: Wall Unit
- Roof: Rolled/Hot Mop