1623 Idylwild Rd
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1623 Idylwild Rd
1,646 SF Speciality Building Offered at £603,141 at a 12.92% Net Initial Yield in Prescott, AZ 86305
Investment Highlights
- 3 Unit Short-term Rental
- Hot tub available
- 5 minutes from downtown Prescott
Executive Summary
Rare 3 unit investment property just 5 minutes from downtown! This is an investor's dream! Inviting Unit A is a beautiful 2 bedroom, 1 bathroom, brick home w/ a stone fireplace & its own private fenced backyard. Units B & C are cozy 1 bedroom, 1 bathrooms, w/ full kitchens & inviting living rooms to relax in after a day of sightseeing! Each unit has their own outdoor seating areas complete w/ firepit, spa, fenced yard (unit A) and is great to enjoy the Prescott wildlife. Hidden in the pines of Prescott, surrounded by mature trees & natural vegetation this gem is perfect for a weekend getaway, investment opportunity, or rental. Property is currently used as an airbnb. 2021 airbnb gross was $80,000. 2022 projections are above 100k. Come check out this amazing opportunity before it's gone
Financial Summary (Pro forma - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
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PROPERTY TAXES
| Parcel Number | 111-07-022B | Total Assessment | £26,754 (2024) |
| Land Assessment | £0 (2024) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £0 (2024) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
111-07-022B
Land Assessment
£0 (2024)
Improvements Assessment
£0 (2024)
Total Assessment
£26,754 (2024)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2022
zoning
| Zoning Code | SF-9 (District is a medium-density, single-family residential district with a suburban or semi-urban character, depending on the districts specific location) |
| SF-9 (District is a medium-density, single-family residential district with a suburban or semi-urban character, depending on the districts specific location) |
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1623 Idylwild Rd
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