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: $1,800,000

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Property Information

Year Build:
WH Gal:
Subdivision: None
Flood Plane:
Zoning: multi family
HOA: No
Cooling:
Heating:

Property Description

42 unit apartment complex slated to be built on this property. Owner will carry. Final approvals granted by the Prescott City Council on 6/27/2017. Water rights have also been secured/granted for the project. This 2.82 acre property is 5mins from downtown Prescott. the current layout for the apartments is 1050,1354,and 1460 sqft per unit with a single car garage. buy it now while its cheap and build yourself. Seller will provide plans - City Council approval shall extend to buyer for apartments. Cap rate for completed construction is estimated at a minimum of 9.6%. project is 60 day from pulling permits

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,
Access-Paved,
Maint-State
Utilities
Electricity,
Underground
Pets
Domestics
Style
Finance
1031 Exchange,Cash,Conventional

For More Info Contact


Lari & Genia Long Aaron Long

The Long Family Team

Realty Executives Northern AZ


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