alt
View All

For Sale

5 Unit Multifamily - Western | Garden

622 / 624 Western Avenue | 201 / 201 1/2 / 203 Garden Street,
Prescott, AZ 86305

Asset Snapshot

5 Units
Unit Count
0 SF
Average Unit Size
3,198 SF
Property Size
100%
Occupancy

Offering Summary

Investment Overview

Exceptional 5-unit multifamily investment opportunity in Prescott, offering strong in-place income and full occupancy. The unit mix consists of two 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, one 1-bedroom/1-bath unit, and one studio, providing a diversified rental profile that appeals to a broad tenant base. The property has a total annual gross income of $86,160.00, delivering immediate and stable cash flow. Each unit is individually metered for gas and electric, helping to minimize owner expenses and simplify utility management. All tenants are month-to-month allowing for new ownership flexibility. With its desirable unit mix, consistent occupancy, and this property presents an attractive opportunity for both seasoned investors and those looking to expand their multifamily portfolio in a strong rental market at Downtown Prescott.


Investment Highlights

  • Five-unit multifamily property consisting of two 2BR/1BA units, one 3BR/1BA unit, one 1BR/1BA unit, and one studio
  • Annual gross income of $86,160
  • Individually metered for gas and electric, minimizing owner utility expenses
  • Located in Prescott with strong rental demand and long-term investment potential

How it Works

Need Help?

Your brokers are your first point of contact for any listing or process questions. For additional support:

Listing Syndicated From

Buildout
For Sale
$999,000
Asking Price