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Showing posts with label downtown prescott property. Show all posts
Showing posts with label downtown prescott property. Show all posts
Feb 10, 2012
Jan 31, 2012
Investment of the Week
Here we have a great deal for Prescott. It's not very often that a
apartment at this price comes around in Prescott. Even in Prescott
Valley, you'd have a hard time finding a duplex for this price. This is
a fourplex that in super close to downtown, shopping, parks. This is a
foreclosure, but is in very good condition. If you do the math, this
apartment has a 11.5% CAP before debt servicing. If you include debt
payment with a 25% down payment and a 5% interest, the payment is approx
$531. The would give you a net cap rate of almost 8%, which is great
for a Prescott apartment. As for the details, it is 2771sqft built in
1996 on 0.21 acres. Each apartment is 2 bedrooms and 1 bath and rent
for $550/month




If this is a apartment that your interested in, please give me a call, I would enjoy helping you increase your real estate portfolio.

Jason Maneely, SFR
Keller Williams Check Realty
The Stephanie Woods Team
928-925-6050
Jason@StephanieWoodsTeam.com
If this is a apartment that your interested in, please give me a call, I would enjoy helping you increase your real estate portfolio.
Jason Maneely, SFR
Keller Williams Check Realty
The Stephanie Woods Team
928-925-6050
Jason@StephanieWoodsTeam.com
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