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1490 W Gurley St 3 Unit Apartment Building $798,000 ($266,000/Unit) 5% Cap Rate Prescott, AZ 86305

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EXECUTIVE SUMMARY

Located at 1490W Gurley Street Beautiful Furnished 3 Unit Apartment Building. Each unit features tasteful décor, modern finishes, and a comfortable, move-in-ready experience. Located along highly traveled West Gurley Street.
1490 W Gurley Street is a two story 3 unit apartment building that was constructed in 1983. It was totally remodeled in 2023. The owner has been renting it as a professionally managed Airbnb but it would operate well as a short or long term rental with or without an owners unit.

PROPERTY FACTS

Price $798,000
Price Per Unit $266,000
Sale Type Investment
Cap Rate 5%
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.18 AC
Building Size 1,902 SF
No. Stories 2
Year Built/Renovated 1983/2023
Parking Ratio 3.68/1,000 SF
Zoning BG - Business General

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Ceiling Fans
  • High Speed Internet Access

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 3 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
111-08-015A
Land Assessment
$71,605
Improvements Assessment
$275,083
Total Assessment
$346,688
  • Listing ID: 38658210

  • Date on Market: 12/4/2025

  • Last Updated:

  • Address: 1490 W Gurley St, Prescott, AZ 86305

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