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525 E Gurley St
Prescott, AZ 86301
Skyline Motel and Offices · Multifamily Property For Sale · 14 Units

Investment Highlights

  • Great location
  • High demand area
  • Fully leased
  • Prescott History

Property Facts

No. Units 14
Property Type Multifamily
Property Subtype
Apartment
  • Office Office Residential
Apartment Style Garden
Building Class C
Lot Size 0.52 AC
Building Size 7,736 SF
No. Stories 1
Year Built 1958
Zoning MFM - There are two zoning codes that cover the property Multi Family Medium density and Business General

Amenities

Unit Amenities

  • Air Conditioning
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Tub/Shower
  • Office

Site Amenities

  • Community-Wide WiFi
  • Maintenance on site

About 525 E GURLEY ST , PRESCOTT, AZ 86301

This is your chance to own a highly desirable multi-use property in the heart of Prescott, Arizona! Skyline is a mixed-use property featuring 14 rental units, a mix of 12 cozy studio and one-bedroom units and 2 commercial office spaces with long term tenants. This well-maintained property is an ideal investment for anyone seeking a stable income stream in a rapidly growing market. With a fully leased property, Skyline offers investors the opportunity for consistent rental income from both residential and commercial tenants. The strong demand for housing and office space in Prescott provides excellent long-term growth potential.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 $1,320 600
Studios 9 $1,000 300

Property Taxes

Property Taxes

Parcel Number
110-01-042
Land Assessment
$418,033
Improvements Assessment
$952,142
Total Assessment
$1,370,175
  • Listing ID: 33419573

  • Date on Market: 10/5/2024

  • Last Updated:

  • Address: 525 E Gurley St, Prescott, AZ 86301

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