$3,972,000
Prescott, AZ 86305
MLS# 6830619
Status: Closed
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Property Description
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!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $3,972,000
Sold Price: $3,972,000
Status: Closed
List Date: 2025-03-05
Location, Tax & Legal
Assessor's Map #: 11
Legal Description (Abbrev): FLEURY'S ADD: AN IRREG PCL WITH IN BLK 13 THE SW COR LYING APPROX 285'E FROM THE SW COR BLK 13 SEC 3
Assessor's Parcel #: 76
Assessor Parcel Ltr: H
Add'l Parcels: No
Tax Municipality: Prescott
Census Tract: 1002
Taxes: 7783
Legal: FLEURY'S ADD: AN IRREG PCL WITH IN BLK 13 THE SW COR LYING APPROX 285'E FROM THE SW COR BLK 13 SEC 3
Marketing Name: Fleurys
House Number: 799
Street Name: SANCTUARY
St Suffix: Road
City/Town Code: Prescott
State/Province: AZ
Zip Code: 86305
Zip4: 2956
County Code: Yavapai
Subdivision: FLEURYS ADD
Assessor Number: 113-11-076-H
Tax Year: 2024
General Property Description
# of Buildings: 5
Uncvrd Parking Spcs: 0
Lot Size Dimensions: 78844
Total # of Units: 20
Elementary School District: Prescott Unified District
High School District: Prescott Unified District
Year Built: 1989
Zoning: MF-M
Legal Info
Range: 2W
Section: 33
Township: 14N
Project Type
13 - 24 Units: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Carpet: 1
Sale Includes
Building(s) Only: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 7783
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Equity: 4299733
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Email: 1
Lockbox Type
Combo: 1
Other: 1
Community Features
No Pool: 1
Heating
Natural Gas: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Refrigerator: 1
Dishwasher: 1
Disposal: 1
W/D Hookup: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
On Street: 1
Paved: 1
Electric
APS: 1
Gas
Unisource: 1
Owner Pays
None: 1
New Financing
Cash: 1
Conventional: 1
1031 Exchange: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 20
Avg Rent: 1400
Avg SqFt: 896
# Baths: 2
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Cash to Loan
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Directions: From Grove, go west on Western until you drive over the small bridge into the complex.
Geo Lat: 34.545003
Geo Lon: -112.480844
Status Change Info
Off Market Date: 2025-07-22
Under Contract Date: 2025-05-28
Close of Escrow Date: 2025-07-21
Sold Price: $3,972,000
Property Features
Project Type: 13 - 24 Units
Construction: Wood Frame
Const - Finish: Painted
Roofing: Composition
Floors: Vinyl; Carpet
Sale Includes: Building(s) Only
Community Features: No Pool
Appliances Included: Refrigerator; Dishwasher; Disposal; W/D Hookup
Heating: Natural Gas
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: Unisource
Parking Features: On Street; Paved
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Email
Lockbox Type: Combo; Other
New Financing: Cash; Conventional; 1031 Exchange
Environmental: None
Listing Office: Rent Right Management Solutions
Last Updated: July - 22 - 2025
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