Active

805 White Spar Road

Prescott AZ, 86303

$2,200,000


$260.39 per sqft

Active

20 Baths

8,449 sqft

Commercial

Built in 2024

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

1064296

MLS ID

May 7, 2024

Listed

August 23, 2024

Updated

Map

805 White Spar Road
Prescott AZ, 86303

Interior Features

Total Stories

1


Total Bathrooms

20


Full Bathrooms

20


Interior Features

Bathroom, Kitchen


Floor Description

Concrete, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Room A/C, See Remarks


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.59 Acres


Exterior Features

Handicap Access, Landscaped, Paved Parking


Roof

Asphalt Shingle

Other Property Details

Taxes

$2,104


Tax Frequency

Annually


Days on Market

14


Garage

No


Parking

On-Site, Other, Trailer


Parking Total

20


View

No


County

Yavapai


Pool

No


Zoning

BG

Courtesy of Better Homes And Gardens Real Estate Bloomtree Realty, Raymond G. Zogob

Listing Contact:  

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Peter Fife shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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