New Prescott Valley Multifamily
2800 N Starlight Drive Prescott Valley, AZ 86314
2800 N Starlight Drive, Prescott Valley, AZ, 86314
$1,050,000
For Sale
$1,050,000
MULTI_FAMILY - Prescott Valley, AZ
Property Size3,672 SF
Lot Size0.42 Acres
Price / SF$285.95
Days on Market268
Property Features for 2800 N Starlight Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- R2-4
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 2, Bedroom 7, Bedroom 8, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 6, Bedroom 4
- Standard status
- Active
- APN
- 58
- Lot size
- 0.42 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PRESCOTT EAST UNIT 1 LOT 58 550/207
- Tax Annual Amount
- 290
Utilities
- Utilities
- Natural Gas Available
- Heating system
- Natural Gas
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Laminate
- Building materials
- Frame
- Roof type
- Asphalt
Listing Agency
Real Broker
(602) 755-3415
3707 East Southern Ave. Suite #1074, Mesa, AZ
Listed by
Nicole M Strong · License #SA625642000
(928) 533-5300
Added: Oct 22, 2025 Checked: Jul 16 at 7:06 pm
MLS# 1077304
Listing URL
Copyright © 2026 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property features two duplexes, totaling four units. Each unit offers 918 square feet of living space, with 2 bedrooms and 1 bath. The units include storage space and two parking spaces per unit. Interior features consist of ceiling fans, laminate flooring, and granite countertops. Each unit is equipped with a refrigerator, microwave, washer, and dryer. The property is located in Prescott Valley, Arizona, and is zoned R2-4. The lot size is 0.42 acres. The estimated completion date is February 26'.
Key Highlights
- Under construction, brand new duplex property with 2 duplexes total (4 units)
- Each unit features 2 bedrooms and 1 bathroom with 918 SF per unit
- Units include storage and 2 parking spaces
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.9k | $17.40 |
| − Vacancy | −$3.8k | −$1.04 |
| EGI | $60.1k | $16.36 |
| − OpEx | −$18.0k | −$4.91 |
| NOI | $42.0k | $11.45 |
3,672 SF · lease $17.40/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$600.6K
$525.5K – $700.7K
NOI $42,041 @ 7.0% cap · market cap 4.00%
Second Best
Apartment 5plus
$559.1K
$489.3K – $652.3K
NOI $39,140 @ 7.0% cap · market cap 3.73%
Theoretical Best
Warehouse
$1.23M
$1.08M – $1.44M
NOI $86,108 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - New multifamily property featuring two duplexes with modern amenities.
Where is this quadplex located?
The property is located at 2800 N Starlight Drive Prescott Valley, AZ.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Under construction, brand new duplex property with 2 duplexes total (4 units); Each unit features 2 bedrooms and 1 bathroom with 918 SF per unit; Units include storage and 2 parking spaces
