Bought with NON-MEMBER
$2,600,000
$3,249,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
0.92 Acres Lot
SOLD DATE : 04/30/2025
Key Details
Sold Price $2,600,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1066819
Sold Date 04/30/25
Originating Board paar
Year Built 1957
Annual Tax Amount $8,586
Tax Year 2023
Lot Size 0.920 Acres
Acres 0.92
Property Sub-Type Multi Family
Property Description
The significance of LOCATION, INCOME, LOCATION cannot be overstated. This property boasts an exceptional location and high traffic volume in Prescott, Arizona, strategically situated between Gurley and Sheldon Street. Upon entering Prescott via State Route 69 or State Route 89, this charming historical property captures immediate attention. Known as the Apache Lodge, the new ownership has undertaken extensive renovations, transforming it into a profitable venture that generates income through long-term rentals, retail leasing, and available pad spaces.Spanning a total area of 10,155 SF, this establishment features 29 residential units, 1 retail/office space, and 2 rental pads designated for food trucks and RV parking. The residential units are available for 6 month extended stays.
Location
State AZ
County Yavapai
Zoning Business General
Interior
Interior Features Ceiling Fan(s), Fire/Smoke Detector
Heating Natural Gas
Cooling Other
Flooring Vinyl
Exterior
Utilities Available Master Meters, Phone Available, Underground Utilities, WWT - City Sewer
Roof Type Rolled/Hot Mop
Total Parking Spaces 22
Building
Story 2
Structure Type Stucco
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, Submit
Listing Terms 1031 Exchange, Cash, Conventional, Submit
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