1113 & 1117 E Gurley St - Health Care FOR SALE


Prescott, AZ 86301
$11,000,000 USD
928-443-0766
1113 & 1117 E Gurley St, Prescott, AZ for Sale
$11,000,000 USD
Health Care - FOR SALE
1/30
null | Request Cap Rate

1113 & 1117 E Gurley St
Prescott, AZ 86301


HIGHLIGHTS

  • Turnkey Impatient Residential Treatment Center For Sale
  • Formerly Licensed for 56 residents
  • Central Commercial Kitchen, Dining Room , Meeting Rooms
  • Fire Sprinklered Throughout
  • Newly Renovated

OVERVIEW

The “White House” is a very stylish ground level studio apartment style complex offering covered exterior access to all units. The property consists of two separate but adjacent parcels each with their own residential buildings that total 46 studio apartments in +/-18,595 sf under roof on 2.07 acres. All the physical improvements are in good condition and good quality. The property is located near the Highway 89/69 junction and the VA Hospital, Yavapai College, Prescott College, and YRMC-Dignity Hospital West are only minutes away as well as easy access to all downtown amenities. The 1113 E. Gurley St. building was built in 1962 and completely converted/renovated in 2018 as a “Level 3” assisted living facility. It was never opened for this purpose due to it being leased out to the US Vets for their transitional housing programs for over 4 years. In June of 2022 the building was occupied by a local health care operator. They terminated their tenancy at the end of October of 2023 and the building is currently vacant. The 1113 E. Gurley St. building is comprised of two buildings totaling 9,848 sf. The larger horseshoe shaped building is +/-8,111 sf and offers an interior courtyard area that offers natural grass and is lined with mature trees along the north side of the campus. This building offers 22 luxury studios units of which there are 2 oversized corner studio units, two private offices, a laundry room, 2 mechanical rooms and a storage shed. There is also a 1,737 sf building located in the center of the courtyard that was built in 2002 and was renovated in 2018. This building includes a full-service commercial kitchen with a 10-foot type 1 hood system, dining room, a private meeting room and an ADA restroom. Both buildings are fire sprinklered throughout. The 1117 E. Gurley St. building consist of one building that is offers double sided exterior covered corridors that was built in 1970 and taken down the studs and completed renovated in 2022. The building now consists of 24 luxury studio apartment units, a separate lounge and business center, a laundry room, a mechanical/storage room and an outdoor seating area with two gazebos. This building is currently leased out to various market tenants on a monthly basis. Each spacious studio offers vaulted ceilings, additional sound proofing on all three walls, is ADA accessible, ceiling fans, individual controlled mini split AC/Heat unit, vinyl plank wood flooring, led lighting, quartz counter tops, a smart 43-inch TV with Roku TV included. There is a full kitchenette featuring beautiful white quartz counter tops, quiet close cabinet doors and a stainless-steel sink with an extendable faucet. There is also a full size 20 cubic refrigerator, microwave, and electric incandescent hot plate. The building is fire sprinklered throughout. The large, vaulted bathroom is ADA friendly and features a very large walk-in titled shower with dual stainless steel shower heads, a lovely quartz countertop vanity that includes a sink and drawers for storage. • WI-FI and all utilities are included. • Clubhouse facilities included, which offers both a business center and lounge area. • Coin-op laundry room with folding counter, cluster mailbox • Two outdoor patios & gazebos to enjoy the fresh air. • This is a Non-Smoking property. • Each unit has a dedicated parking space - one car per unit. • MAX one small-medium pet - deposit, insurance and pet rent required. AAO. • There is a dog run area within proximity to the building. • All occupants 18 years+ must complete an application and also complete: https://bloomtreerentalsolutions.petscreening.com

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$591 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

ADD'L SUBTYPES

Assisted Living, Continuing Care Retirement Com, Skilled Nursing Facility

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

BG

APN/PARCEL ID

114-06-083A,114-06-083C

ASK ABOUT THIS PROPERTY

Raymond ZogobBHGRE BloomTree RealtyMore Info
928-443-0766

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Raymond ZogobBHGRE BloomTree RealtyMore Info
928-443-0766

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.