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30859838
30859826

622/624 Western Ave. | 201/201 1/2/203 Garden St., Prescott, AZ 86305 For Sale

AC
AZ SA710066000
Arizona Commercial Real Estate
MF
AZ BR626105000
Arizona Commercial Real Estate
Listed by Arizona Commercial Real Estate
$999,000
132 days on market
Updated 5 days ago

5 Unit Multifamily - Western | Garden

Details
APN 113-12-100
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,198
Units 5
Occupancy 100%
Tenancy Multi
Price per SqFt $312
Year Built 1930
Buildings 4
Stories 1
Acreage 0.170
Zoning BG - Business General

Multifamily | 5 Units | $199,800/unit

Marketing description

Exceptional 5-unit multifamily investment opportunity in Prescott, offering strong in-place income and full occupancy. The unit mix consists of three 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio, providing a diversified rental profile that appeals to a broad tenant base.

The property is fully occupied with a total annual gross income of $86,160.00, delivering immediate and stable cash flow. Each unit is individually metered for gas and electric, helping to minimize owner expenses and simplify utility management. All tenants are month-to-month allowing for new ownership flexibility.

With its desirable unit mix, consistent occupancy, and this property presents an attractive opportunity for both seasoned investors and those looking to expand their multifamily portfolio in a strong rental market at Downtown Prescott.

Listing Contacts

AC
AZ SA710066000
Arizona Commercial Real Estate
MF
AZ BR626105000
Arizona Commercial Real Estate
Listed by Arizona Commercial Real Estate

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Additional Information

Name
Abigail Chartier
License
SA710066000
Brokerage
Arizona Commercial Real Estate
Brokerage Phone
928.642.3032
Title
Commercial Agent
Name
Matthew Fish
License
BR626105000
Brokerage
Arizona Commercial RE
Brokerage Phone
928-515-1223
Brokerage Address
122 North Cortez Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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