Downtown Prescott MF Portfolio Health Care FOR SALE


Prescott, AZ - Downtown Prescott
$3,750,000 USD
928-925-2023
, Prescott, AZ for Sale
$3,750,000 USD
Health Care - FOR SALE
1/20
null | 6.66% Cap Rate

Downtown Prescott MF Portfolio
Prescott, AZ
Downtown Prescott


OVERVIEW

Fully leased multifamily portfolio in Downtown Prescott consisting of three contiguous parcels totaling approximately 0.64 acres and ±11,600 SF of improvements. The property is 100% leased to a licensed treatment operator under a modified NNN lease structure. Current rent is $20,800 per month ($249,600 annually) following the exercised 4% renewal increase. Tenant reimburses operating expenses and pays property taxes directly, providing stable, low-management income. Offered at $3,750,000, reflecting a 6.66% cap rate on contractual income. Zoned MF-M with long-term flexibility for continued multifamily use or potential redevelopment. Rare stabilized investment opportunity in Prescott’s supply-constrained downtown submarket. Do not disturb tenant. Financials and lease available upon request with executed NDA.

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Nick MalouffCommercial Advisors of PrescottMore Info
928-925-2023

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Nick MalouffCommercial Advisors of PrescottMore Info
928-925-2023

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