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3220 AZ-89 - Granite Dells Lodge

20 Unit Apartment Building Offered at $1,599,999 at a 7% Cap Rate in Prescott, AZ 86301

Investment Highlights

  • Twin Lakes area
  • value add opportunity
  • views

Executive Summary

Ask us about availability of surrounding parcels. Drive by only, do not disturb tenants.

Attachments

3220 SR 89 OM

Property Facts Under Contract

Price $1,599,999
Price Per Unit $80,000
Sale Type Investment
Cap Rate 7%
Sale Conditions
1031 Exchange
  • Redevelopment Project
No. Units 20
Property Type
Multifamily
  • Multifamily Apartments
  • Multifamily Dormitory
Building Size 5,773 SF
No. Stories 1
Year Built/Renovated 1963/1997

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 20 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
106-13-018C
Land Assessment
$117,077
Improvements Assessment
$485,227
Total Assessment
$602,304

zoning

Zoning Code RS-35 C1-2 (RS 35 zoning in Yavapai County is large lot single family C1-2 is a neighborhood commercial district that allows a variety of businesses)
RS-35 C1-2 (RS 35 zoning in Yavapai County is large lot single family C1-2 is a neighborhood commercial district that allows a variety of businesses)
  • Listing ID: 33522447

  • Date on Market: 10/15/2024

  • Last Updated:

  • Address: 3220 AZ-89, Prescott, AZ 86301

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