Opportunity to own a top investment property. Currently occupied by a single tenant occupying the property, with a long full tenant lease paying over 10% return! This 8 plex offers a stable return with a lease in place until 2024. There is a further option to extend with increases for an additional 5 years. This is a must opportunity for all investors. PLEASE...No solicitation of the property or the tenants. Purchase contract must be submitted and accepted prior to viewing the property.
Off market
$2,050,200
214 N Arizona Ave, Prescott, AZ 86301
--beds
0baths
6,822sqft
MultiFamily
Built in 1992
-- sqft lot
$2,050,200 Zestimate®
$301/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Interior area
- Total interior livable area: 6,822 sqft
Property
Lot
- Size: 0.34 Acres
Details
- Parcel number: 11404011
Construction
Type & style
- Home type: MultiFamily
Materials
- steel
Condition
- Year built: 1992
Community & neighborhood
Location
- Region: Prescott
Other
Other facts
- Cooling: Ceiling Fan(s), Central Refriger
- Construction: Frame - Wood
- Flooring: Tile, Carpet
- Heating: Forced - Gas
- Road Acc/Maint: Access-Paved, Maint-City, Access-City
- Roof: Asphalt Shingle
- Terms and Conditons: Cash, Cash to New Loan
- Utilities Installed: Electricity, Natural Gas, Telephone, Water - City, WWT - City Sewer, Cable TV
- Water Heater: Natural Gas
- Unit 1 Info: Ceiling Fan(s), Dishwasher, Range/Oven, Refrigerator, Storage Room, Handicap Accessible
- Unit 2 Info: Ceiling Fan(s), Dishwasher, Range/Oven, Refrigerator, Storage Room, Handicap Accessible
- Unit 2 Parking: 1 Car
- Source of Measuremnt: County Assessor
- REO/Short Sale: Not Applicable
- Unit 3 Info: Range/Oven, Refrigerator, Ceiling Fan(s), Storage Room, Dishwasher, Handicap Accessible
- External Amenities: Handicap Access
- Unit 4 Info: Ceiling Fan(s), Range/Oven, Refrigerator, Dishwasher, Storage Room, Handicap Accessible
- Unit 3 Parking: 1 Car
- Unit 4 Parking: 1 Car
- Building Type: 5+ Units, Other - See Remarks
- Unit 5 Info: Ceiling Fan(s), Dishwasher, Range/Oven, Refrigerator, Storage Room, Handicap Accessible
- More than 5 Units: Yes
- Unit 5 Parking: 1 Car
- Management: Manager
- Unit 1 Parking: 1 Car