105 S Alarcon St - Apartments FOR SALE


Prescott, AZ 86303- Downtown Prescott
$2,195,000 USD
602-989-3616
105 S Alarcon St, Prescott, AZ for Sale
$2,195,000 USD
Apartments - FOR SALE
1/23
null | 7.08% Cap Rate

105 S Alarcon St
Prescott, AZ 86303
Downtown Prescott


OVERVIEW

Property Description Historic, fully remodeled, Furnished 10 unit apartment building. 1 block from the courthouse square. The original building was constructed in 1895 and totally remodeled as a 10 unit apartment building in 2021. Location Description Nestled in the heart of historic Prescott, AZ, the area surrounding the property is rich with a blend of Old West charm and modern conveniences. With its picturesque Courthouse Plaza, vibrant arts scene, and a myriad of dining and entertainment options, the location offers an inviting and energetic atmosphere for professionals and visitors alike. Positioned near notable landmarks such as Whiskey Row, the Sharlot Hall Museum, and Prescott National Forest, the area presents an appealing mix of culture and outdoor recreation. Prospective Office / Office Building investors will appreciate the area's dynamic blend of heritage and opportunity, making it a prime location for commercial investment.

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$302 USD /SF

# OF UNITS

10

PRICE/UNIT

$219,500

CAP RATE

7.08%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mansion by the Square

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1895

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,306 SF

ZONING

Business General

APN/PARCEL ID

109-01-052

ASK ABOUT THIS PROPERTY

Tom SemancikArizona CommercialMore Info
602-989-3616

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Tom SemancikArizona CommercialMore Info
602-989-3616

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.