Property Details

1257 White Spar, Prescott, AZ 86303 MLS# 996866
Beds: Baths: Garages: Acreage: 2.82 Sqft: Taxes: $1,445
Courtesy of: Tax Year: 2015
Active: $1,600,000

Request More Information Save as Favorite Home

Property Information

Year Build:
WH Gal:
Subdivision: All Of Area 150 Not Listed
Flood Plane:
Zoning: multi family
HOA: No
Cooling:
Heating:

Property Description

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.

Interior Features

General
Appliances
Flooring
Water Htr
Other Rms

Exterior Features

General
Views
Ponderosa Pine
Construction
Windows
Location
RV/Garage/Park
Roof

Other Features

Road Acc:
Access-City,
Maint-State,
Access-Paved
Utilities
Electricity,
Underground
Pets
Domestics
Style
Finance
1031 Exchange,Cash to New Loan,Cash

For More Info Contact


Lari & Genia Long Aaron Long

The Long Family Team

Realty Executives Northern AZ


Here is a complete list of all the community websites we offer. Not listed? Request yours here.