1257 White Spar Rd., Prescott, AZ 86303

FOR SALE
  • $1,600,000
  • 143 Days on site
  • Est: $5,928/month
  • Mortgage Center
  • Beds: n/a
  • Baths: n/a
  • Building Lot
X

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 is 1350 sqft 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. Click here to learn more about this listing.

  • MLS ID# 996866
  • Year Built: n/a
  • 143 Days on site
  • Building Lot
  • Beds: n/a
  • Baths: n/a

Listing Details

Lot Features
Pond Frontage, Water Front
Lot Size
Approximately 122839 Square Feet
Tax Amount
$1,445
Tax Year
2015

Local Info

Population
16,248
Median Household Income
$48,447
Median Years In Residence
8
Median Homeowner Age
52
Households with Children
24.75%
Percent of Homes Rented
24.71%

Mortgage Rates

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Property Contact Info

(928) 777-0077

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