Incredible Investment Opportunity. 7 Parcels totaling 13 buildings and 22,988 SQFT with a single tenant occupying operating a well established healthcare business. Building mix includes medical space, office buildings, and both single and multifamily group care homes. 5% CAP Rate. All triple net 11 year leases each with a personal guaranty and increasing 2.5% annually through 2033. Great locations close to downtown. Parcels Include 115-08-081B - 831 Gail Gardner, 113-11-010 - 655 W Gurley, 109-06-101 - 707-711 W Gurley, 113-11-068 - 812 W Gurley, 113-11-064 - 814 W Gurley, 113-11-065A - 818 W Gurley, 113-11-066B - 822 W Gurley.
- Price:
- $6,300,000
- Square Footage:
- 22,988
- Acreage:
- 2.60
- Year Built:
- 1998
- Listing ID #:
- 1052174
- Street Address:
- 831 Gail Gardner Way
- City:
- Prescott
- State:
- Arizona
- Postal Code:
- 86305
- County:
- Yavapai
- Listing Status:
- Active
- Listing Type:
- Commercial
- Construction Description:
- Frame - Wood, Other - See Remarks
- Construction Status:
- Existing
- Dwelling Type:
- 2-4 Units, 5+ Units, Medical/Dental, Office - Building, Other - See Remarks
- Flooring:
- Carpet, Laminate, Other - See Remarks, Tile, Vinyl, Wood
- Interior Features:
- Bathroom, Ceiling Fan(s), Fire/Smoke Detector, Kitchen, Other - See Remarks, Security/Alarm, Sprinklers
- Stories:
- 1.0
- Total # Of Buildings:
- 14
- Total Building Square Footage:
- 22988
- Type Of Roof:
- Asphalt Shingle, Welded Membrane
- Year Built:
- 1998
- Business Description:
- Royal Life Centers
- Business Type:
- Healthcare
- Net Operating Income:
- 318000.00
- Conforms To Zoning:
- Bg
- Existing Land Use:
- Investment Prop
- Lot Size:
- 27287
- Pet Type:
- Domestic
- Price Per Square Foot:
- 274.00
- Property Taxes:
- $6,187
- Tax Year:
- 2022
- Bathroom Description:
- Other - See Remarks
- Parking Description:
- On-Site, Other - See Remarks, Security, Street Parking
- Parking Spaces:
- 50
- Cooling System:
- Ceiling Fan(s), Central Air, Evaporative
- Heating:
- Electric, Gas
- Utilities:
- 220, Electricity, Natural Gas, Other - See Remarks, Security System, Telephone, Underground, Water - City, Wwt - City Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Realty One Group Mount. Desert
