525 E Gurley St - Apartments FOR SALE


Prescott, AZ 86301- Downtown Prescott
$2,200,000 USD
480-309-1089
525 E Gurley St, Prescott, AZ for Sale
$2,200,000 USD
Apartments - FOR SALE
1/19
null | 6.97% Cap Rate

525 E Gurley St
Prescott, AZ 86301
Downtown Prescott


HIGHLIGHTS

  • Great location
  • Fully leased
  • High demand area
  • Prescott History

OVERVIEW

This is your chance to own a highly desirable multi-use property in the heart of Prescott, Arizona! Skyline is a mixed-use property featuring 14 rental units, a mix of 12 cozy studio and one-bedroom units and 2 commercial office spaces with long term tenants. This well-maintained property is an ideal investment for anyone seeking a stable income stream in a rapidly growing market. With a fully leased property, Skyline offers investors the opportunity for consistent rental income from both residential and commercial tenants. The strong demand for housing and office space in Prescott provides excellent long-term growth potential.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$284 USD /SF

# OF UNITS

14

PRICE/UNIT

$157,143

CAP RATE

6.97%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Skyline Motel and Offices

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

MFM

APN/PARCEL ID

110-01-042

ASK ABOUT THIS PROPERTY

Matthew FishPrescott Commercial Real EstateMore Info
480-309-1089

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Matthew FishPrescott Commercial Real EstateMore Info
480-309-1089

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