634 Schemmer Drive

    Prescott, AZ 86305
    • $800,000
    • STATUS: Active
    • ON SITE: 85 days
    • ID#: 1015666
    UPDATED: 61 min ago
    $800,000
    • 0
      BEDS
    • 0.82
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,779
      SQFT
    • $118
      $/SQFT
    Type:
    Commercial
    Built:
    1971
    County:
    Area:

    School Ratings & Info

    Description

    Great investment opportunity in this small business strip mall! High traffic location across from the main post office (23,000 traffic count at the intersection of Miller Valley/Schemmer Dr.), 11 units with an approximate cap rate of 7%. Great rentals, well maintained with most long term tenants (8 out of 11 are long term tenants). Rents quickly when there is a vacancy. Rental units vary in size from approximately 365-964 sq.ft. Location includes 2 parcels. Each unit has its own bathroom.

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    © 2018 Prescott Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kingsbury Group | Keller Williams Northern Arizona. Data last updated: 2018-12-16T06:51:10.183.
    www.prescottarizonarealestate.info/homes/87830870

    634 Schemmer Drive Prescott, AZ 86305

    • Price: $800,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: 1015666
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.82
    Acres
    6,779
    SQFT
    $118
    $/SQFT
    1971
    Built
    County:
    Yavapai
    Area:
    Prescott
    Property Description
    Great investment opportunity in this small business strip mall! High traffic location across from the main post office (23,000 traffic count at the intersection of Miller Valley/Schemmer Dr.), 11 units with an approximate cap rate of 7%. Great rentals, well maintained with most long term tenants (8 out of 11 are long term tenants). Rents quickly when there is a vacancy. Rental units vary in size from approximately 365-964 sq.ft. Location includes 2 parcels. Each unit has its own bathroom.
    Exterior Features

    Construction StuccoFrame - Wood External Amenities LandscapedPaved Parking Parking On-Site Roof Asphalt Shingle

    Interior Features

    Bathrooms Interior Cooling Central Air Flooring CarpetVinyl Heating Natural GasGas Internal Amenities Fire/Smoke DetectorBathroom

    Property Features

    Building Type Other - See RemarksOffice - Building5+ Units Buildings 3 Business Location Commercial Strip CAM 0.00 Cap Percent 7.00 Comm Type Office Commercial Amenities Ceiling Ht. Under 12 Construction Status Existing GRM 0 NOI 0.00 Property Use Investment Prop Records Available Other - See Remarks Reo Or Short Sale Not Applicable Road Access And Maintenance Recorded EasementPavedMaint-City Source Of Measurement Owner Tax Year 2017 Taxes 8838.00 Utilities Installed Natural GasWwt - City SewerElectricityWater - City Vacancy Rate Percent 0.00 Zoning Br

    Listing information © 2018 Prescott Area Association of Realtors, Inc.
    Listing provided courtesy of Leann Carver of Bella Terra Realty, Llc.


    © 2018 Prescott Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kingsbury Group | Keller Williams Northern Arizona. Data last updated: 2018-12-16T06:51:10.183.
     
    The Kingsbury Group | Keller Williams Northern Arizona
    102 N Montezuma
    Prescott AZ, 86001