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



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.
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 | Apartment Style | Mid-Rise |
| Price Per Unit | $266,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 5% | Building Size | 1,902 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1983/2023 |
| Property Subtype | Apartment | Parking Ratio | 3.68/1,000 SF |
| Zoning | BG - Business General | ||
| 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
| Parcel Number | 111-08-015A | Improvements Assessment | $275,083 |
| Land Assessment | $71,605 | Total Assessment | $346,688 |
PROPERTY TAXES
Parcel Number
111-08-015A
Land Assessment
$71,605
Improvements Assessment
$275,083
Total Assessment
$346,688
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1490 W Gurley St
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