849 Sunset Avenue Prescott, AZ $ 3,600,000
849 Sunset Avenue
$ 3,600,000
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849 Sunset Avenue

Prescott, AZ, 86305
$ 3,600,000
Baths16.0 Sq 13,288

Monthly Estimate*

$ 25,147

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Studio

Commercial Property for sale in Prescott, AZ

for $3,600,000 with 16 full baths. This 13,288 square foot building was built in 1980 on a lot size of 0.48.

Multi Unit Income Property in the heart of Prescott! The Landings stands as a beacon of investment opportunity. This multi-unit income property, boasting 16 meticulously designed apartments, invites discerning investors to indulge in the breathtaking panorama of majestic mountains that adorn the horizon. 15 Units are 2 bedroom 2 bathroom and one unit is a 1 bedroom 1 bathroom. Electricity is on individual meters for each unit. The consistently high occupancy rates underscore the desirability of this investment gem. All units are live-on-one level, have updated paint & flooring and full kitchens. Shared coin laundry room for additional income potential annually. Plenty of concrete parking for tenants and their guests. Separate storage closets at end of building too!

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Commercial Active

Price

$ 3,600,000

Bedrooms

Studio

Full Bath

16

Property Type

Commercial

Taxes

$ 4,560

Style

Lot Size

0.48

Year Built

1980

Town/City

Prescott

County/Region

Yavapai

MLS | Web ID

1060687

Features
General
Interior Features Bathroom Ceiling Fan(s) Kitchen
Heating Electric
Cooling Ceiling Fan(s) See Remarks
Utilities Service - 220v Electricity On-Site Telephone On-Site Underground Utilities Water - City WWT - City Sewer
Roof Asphalt Shingle
Exterior Features Landscaped Paved Parking
Zoning MF-M
Construction Materials Wood Frame
Exclusions No
Year Built 1980
Property SubType Residential Income
Tax Year 2023
Current Use Vacant
County Yavapai
Property Type Commercial Sale
Subdivision Name Gardenland Tract
Directions Highway 89 S East to Sheldon St R on Montezuma St Straight on Whipple St L on Miller Valley Rd R on Whipple L on Sunset Ave to Sign on L.
City Prescott
Lot Size Square Feet 20988
Street Name Sunset
Tax Annual Amount 4560
Additional Parcels Y/N N
Virtual Tour https://www.tourfactory.com/idxr3112964 https://www.tourfactory.com/idxr3112964
Days on Market 155
Standard Status Active
Cap Rate 4.13
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Interior
Flooring Carpet Laminate
Total Stories 2
Full Baths 16
Street Suffix Avenue
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Exterior
Parking Features On-Site
Total Parking 34
Number of Buildings 1
Building Area Total 13288
Lot Size Acres 0.48
Lot Size Source County Records
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* Excluded Features
List By
Louis Klein

Listing Agent

Realty Executives Az Territory

Broker

Louiskleinart@gmail.com

Email

Affordability Calculator

$25,527
Per Month
99%
1%
0%
Monthly Principal & Interest
$25,147
Monthly Property Taxes
$380
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
754118 Elementary School
754119 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/25/2024$3,600,000 -2.70% Price Down
3/19/2024$3,700,000 -2.63% Price Down
2/13/2024$3,800,000 -5.00% Price Down
1/17/2024$4,000,000 -5.88% Price Down
11/22/2023$4,250,000 Listed Price

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849 Sunset Avenue, Prescott, AZ, 86305 is a Commercial Property for sale at $3,600,000 with 13,288 sqft and a lot size of 0.48. 849 Sunset Avenue is a studio with 16.0 baths and was built in 1980. The property's zip code is 86305 which is in Prescott, AZ