$1,862,000
Prescott Valley, AZ 86314
MLS# 6583803
Status: Closed
1 / 34
Property Description
A rare opportunity to find two parcels each having two buildings with 4 townhouses. Each unit has 2 bedrooms; 1.5 bathrooms; attached 1 car garage; private patio; gas fireplace; and washer and dryer hookups - 1,150 sq ft. Total number of units in this offering is 8 townhouses contained in 4 buildings. The roofs and HVAC were replaced in the last 6 years. You will appreciate the pride of ownership in this wonderfully located income property. The tenants love living here with one tenant renting for 14 years! See attached document for list of improvements related to each individual unit. This income property is turn key ready for it's new owner! It also has an on-site manager living in one of the units. This sale includes parcel 103-30-148 All units are identical floor plans.
Details
Maps
Documents
Contract Info
Ownership: Fee Simple
Current Price: $1,862,000
Sold Price: $1,862,000
Status: Closed
List Date: 2023-07-23
Location, Tax & Legal
Assessor's Map #: 30
Legal Description (Abbrev): LOT 3949 PRESCOTT VALLEY UNIT 13 BOOK 13 PAGE 89
Assessor's Parcel #: 147
Add'l Parcels: Yes
Tax Municipality: Yavapai - COUNTY
Census Tract: 606
Taxes: 2948
Legal: LOT 3949 PRESCOTT VALLEY UNIT 13 BOOK 13 PAGE 89
Marketing Name: Navajo 8 Plex
House Number: 3244
Compass: N
Street Name: NAVAJO
St Suffix: Drive
City/Town Code: Prescott Valley
State/Province: AZ
Zip Code: 86314
County Code: Yavapai
Subdivision: PRESCOTT VALLEY UNIT 13
Assessor Number: 103-30-147
Tax Year: 2022
General Property Description
# of Buildings: 4
Uncvrd Parking Spcs: 16
Lot Size Dimensions: 27007
Flood Zone: No
Total # of Units: 8
Elementary School District: Humboldt Unified District
High School District: Humboldt Unified District
Elementary School: Out of Maricopa Cnty
Jr. High School: Out of Maricopa Cnty
High School: Out of Maricopa Cnty
Year Built: 1997
Zoning: r2
Legal Info
Range: 1W
Section: 13
Township: 14N
Lot Number: 3949
Project Type
5 - 12 Units: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 2948
Other Income: 0
Vacancy Allowance: 1
Adjusted Gross Inc: 0
Pmt & Rate Info
Cap Rate: 5.4
Equity: 2000000
Down Payment %: 10
Monthly Payments: 9000
Total Owed: 0
Showing Notification Methods
Text: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Natural Gas: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Exterior Amenities
Partially Fenced: 1
Cable TV Available: 1
Patio/Balcony: 1
Pet Restrictions: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Gas: 1
Electricity: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Refrigerator: 1
Built-In Range: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Concrete: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1
Free: 1
>1 Space Per Unit: 1
Attached: 1
Paved: 1
Add'l Parking Avail: 1
Electric
APS: 1
Individual Meter: 1
Gas
Underground: 1
Unisource: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Conventional: 1
Owner May Carry: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 8
Avg Rent: 1400
Avg SqFt: 1150
# Baths: 15
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: Carryback
Loan Years: 10
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Navajo and Highway 69
Directions: Highway 69, North on Navajo to property on the left (West) side of the street.
Geo Lat: 34.589946
Geo Lon: -112.315361
Status Change Info
Off Market Date: 2023-10-21
Under Contract Date: 2023-10-08
Close of Escrow Date: 2023-10-31
Sold Price: $1,862,000
Income Expenses
Gross Annual Sch Inc: 108000
Net Operating Income: 108000
Property Features
Project Type: 5 - 12 Units
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Vinyl; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Partially Fenced; Cable TV Available; Patio/Balcony; Pet Restrictions
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Built-In Range; Refrigerator; Dishwasher; W/D Hookup
Heating: Natural Gas
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: Underground; Unisource
Parking Features: Garage; >1 Space Per Unit; Attached; Add'l Parking Avail; Free; Paved
Road Surface Type: Asphalt; Concrete
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Conventional; Owner May Carry; 1031 Exchange
Environmental: None
Improvements and rents/lease status 
Listing Office: Homesmart Fine Homes And Land
Last Updated: December - 26 - 2025
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