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805 White Spar Road

Prescott, AZ 86303
  • $2,200,000
  • STATUS: Active
  • ON SITE: 46 Days
  • ID#: 1064296
UPDATED: 160 min ago
$2,200,000
  • 0
    BEDS
  • 0.59
    ACRES
  • 20
    BATHS
  • 0
    1/2 BATHS
  • 8,449
    SQFT
  • $260
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2024
County:
Area:

School Ratings & Info

Description

Exceptional Opportunity to purchase this downtown Prescott apartment / motel complex and proposed RV Park. The property is being offered for sale at $2,200,000 with a proforma cap rate of 11.5% (please contact listing agent for additional details). This wonderful lodging opportunity features 12 studio style guest rooms located within 3 separate and adjacent buildings which total 3,841 sf. As part of this sales offering, the owner is including their conceptual site plan and estimated site improvement costs for the development of a proposed 8-unit RV park planned on the adjacent .23-acre vacant parcel (see attached site plan). Situated on two adjacent parcels totaling +/-.59 acres of BG zoned land, there are 12 on-site parking spaces located in front and on the side of the studio uni

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© 2024 Prescott Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shelly Watne Group. Data last updated: 2024-06-24T08:50:38.953.
www.shellywatne.com/homes/150307738
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805 White Spar Road Prescott, AZ 86303

  • Price: $2,200,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 160 min ago
  • ID#: 1064296
0
Beds
20
Baths
0
½ Baths
0.59
Acres
8,449
SQFT
$260
$/SQFT
2024
Built
Neighborhood:
None
County:
Yavapai
Area:
Prescott
Property Description
Exceptional Opportunity to purchase this downtown Prescott apartment / motel complex and proposed RV Park. The property is being offered for sale at $2,200,000 with a proforma cap rate of 11.5% (please contact listing agent for additional details). This wonderful lodging opportunity features 12 studio style guest rooms located within 3 separate and adjacent buildings which total 3,841 sf. As part of this sales offering, the owner is including their conceptual site plan and estimated site improvement costs for the development of a proposed 8-unit RV park planned on the adjacent .23-acre vacant parcel (see attached site plan). Situated on two adjacent parcels totaling +/-.59 acres of BG zoned land, there are 12 on-site parking spaces located in front and on the side of the studio uni
Exterior Features

Construction Materials Wood FrameStucco Exterior Features Handicap AccessLandscapedPaved Parking Parking Features On-SiteOtherTrailer Parking Total 20 Roof Asphalt Shingle

Interior Features

Cooling Room A/CSee Remarks Flooring ConcreteVinyl Heating Electric Interior Features BathroomKitchen

Property Features

Additional Parcels YN Yes Building Type 5+ UnitsMotel/HotelOther - See Remarks Business Name Cascade Motel Common Area Maintenance 59364.00 Construction Status Existing Current Use Vacant Property Sub Type Hotel/Motel Reo Short Sale Not Applicable Tax Annual Amount 2104 Tax Year 2023 Terms Conditions CashLease/PurchaseSubmit Utilities Electricity On-SiteMaster MetersNatural Gas On-SiteTelephone On-SiteUnderground UtilitiesWater - CityWWT - City Sewer Zoning BG

Listing information © 2024 Prescott Area Association of Realtors, Inc.
Listing provided by Raymond G. Zogob of Better Homes And Gardens Real Estate Bloomtree Realty: (928) 443-8800.


© 2024 Prescott Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shelly Watne Group. Data last updated: 2024-06-24T08:50:38.953.
 
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