|1257 White Spar, Prescott, AZ 86303
||Tax Year: 2015
||All Of Area 150 Not Listed
42 unit apartment complexis slated to be built on this property.Owner will carry. Waiting for city final approvals, water rights are accounted for and city is approving. This 2.82 acre property is 5mins from downtown Prescott. the current layout for the apartments is1050,1354,and 1460sqft per unit with a single car garage. buy it now while its cheap and build yourself.seller will provide plans and city approvals for apartments. Raw cap rate for completed construction is estimated at a minimum of 10.7%. New figures are being generated but we expect this number to go up once those are finished.
1031 Exchange,Cash to New Loan,Cash
For More Info Contact
Lari & Genia Long Aaron Long
The Long Family Team
Realty Executives Northern AZ
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