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Skyline Motel and Offices 525 E Gurley St
14 Unit Block of Flats £1,725,702 (£123,264/Unit) 6.97% Net Initial Yield Prescott, AZ 86301
Investment Highlights
- Great location
- High demand area
- Fully leased
- Prescott History
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Unit Amenities
- Air Conditioning
- High Speed Internet Access
- Refrigerator
- Range
- Tub/Shower
- Office
Site Amenities
- Community-Wide Wi-Fi
- Maintenance on site
About 525 E Gurley St , Prescott, AZ 86301
This is your chance to own a highly desirable multi-use property in the heart of Prescott, Arizona! Skyline is a mixed-use property featuring 14 rental units, a mix of 12 cozy studio and one-bedroom units and 2 commercial office spaces with long term tenants. This well-maintained property is an ideal investment for anyone seeking a stable income stream in a rapidly growing market. With a fully leased property, Skyline offers investors the opportunity for consistent rental income from both residential and commercial tenants. The strong demand for housing and office space in Prescott provides excellent long-term growth potential.
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 3 | £1,035 | 600 |
| Studios | 9 | £784.41 | 300 |
PROPERTY TAXES
| Parcel Number | 110-01-042 | Improvements Assessment | £759,397 |
| Land Assessment | £288,006 | Total Assessment | £1,047,402 |
PROPERTY TAXES
zoning
| Zoning Code | MFM (There are two zoning codes that cover the property Multi Family Medium density and Business General) |
| MFM (There are two zoning codes that cover the property Multi Family Medium density and Business General) |
-
Matthew Fish -
Prescott Commercial Real Estate
Presented by
Skyline Motel and Offices | 525 E Gurley St
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