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799 Sanctuary Rd

20 Unit Apartment Building $4,299,773 ($214,989/Unit) Prescott, AZ 86305

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EXECUTIVE SUMMARY

Incredible investment opportunity, cul-de-sac location with low turnover. Fully rented 20 unit apartment complex for sale in Downtown Prescott! Great location close to Whiskey Row, shopping, restaurants and schools! This apartment complex includes 5, 3,584 sf buildings which house 4 apartments each, for a total of 20 units. Each apartment is 896 sf, with 2 bedrooms, 2 baths, fireplace, laundry room with w/d hookups, patio and one assigned parking spot each. RUBS utilized, tenants pay $40 a month toward water, sewer, trash. Electricity and gas are individually metered. For rental info per unit, please see attached documents. All 5 roofs have been replaced for approx $80,000. Rare opportunity, units are in great condition. Opportunity for Pro Forma rents!

PROPERTY FACTS

Price	$4,299,773	Building Class	C
Price Per Unit	$214,989	Lot Size	1.81 AC
Sale Type	Investment	Building Size	17,920 SF
Sale Conditions	1031 Exchange High Vacancy Property	Average Occupancy	100%
No. Units	20	No. Stories	2
Property Type	Multifamily	Year Built	1989
Property Subtype	Apartment	Parking Ratio	1.12/1,000 SF
Apartment Style	Low-Rise

Price	$4,299,773
Price Per Unit	$214,989
Sale Type	Investment
Sale Conditions	1031 Exchange High Vacancy Property
No. Units	20
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	1.81 AC
Building Size	17,920 SF
Average Occupancy	100%
No. Stories	2
Year Built	1989
Parking Ratio	1.12/1,000 SF