Four-Unit Multifamily Property with
2809 N Superstition Ln, Prescott Valley, AZ 86314
For Sale
$829,000
Each residence has a private fenced outdoor area and its own garage, with utilities separately metered.
Property Size4,021 SF
Lot Size0.39 Acres
Price / SF$206.17
Days on Market56
Property Features for 2809 N Superstition Ln
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Parking per Unit
Individually Metered Utilities
Additional Details
Utilities to Site
Amenities
private fenced backyard
spacious kitchen
oak cabinetry
laundry area
walk-in pantry
linen storage
upgraded appliances
tile/carpet flooring
ceiling fans
central HVAC
Building Details
Year Built
Stories
Listing Agency:
Arizona Commercial
Listed By:
Doug Taber · License #BR721756000
(928) 421-0040
Source:
Searchprescotthouses
Added: Sep 13
Changed: Nov 3
Last Checked: Nov 6 at 9:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arizona Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2003, this single-story multifamily property contains four residences totaling approximately 4,021 square feet on an approximately 0.39-acre parcel. Each unit offers two bedrooms and two bathrooms, along with a one-car garage and private fenced yard. Interior features include a kitchen with oak cabinetry, a laundry area, walk-in pantry, linen storage, upgraded appliances, tile and carpet flooring, ceiling fans, and central HVAC.
Utilities, including water, are separately metered for each residence.
Utilities, including water, are separately metered for each residence.
Key Highlights
- Four residences, each with 2 bedrooms and 2 bathrooms
- Approximately 4,021 square feet across the property
- Each unit includes a one‑car garage and private fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,037
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$920,740
$920.7K
Cap Rate 7%
$657,671
$657.7K
Cap Rate 9%
$511,522
$511.5K
Market Conditions
NOI Build-Up for 4,021 SF
Gross rent
$70.0K $17.40/SF
− Vacancy
−$4.2K −$1.04/SF
EGI
$65.8K $16.36/SF
− OpEx
−$19.7K −$4.91/SF
NOI
$46.0K $11.45/SF
Area
Yavapai County, AZ
Vacancy
6.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$920,740
Cap Rate 7%
$657,671
Cap Rate 9%
$511,522
Alternative Uses
Best Use
Multifamily LT 5
$657.7K
$575.5K – $767.3K
NOI $46,037 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$612.3K
$535.8K – $714.3K
NOI $42,860 @ 7.0% cap · market cap 5.17%
Theoretical Best
Warehouse
$1.35M
$1.18M – $1.57M
NOI $94,292 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
Explore this area
Business Placement
Demographics for 86314, AZ
39,461
Population
16,806
Households
2.3
Avg Household Size
44
Median Age
23%
College-Educated
89%
High-School Grad
26.6 sq mi
ZIP Area
1,483
Density / Sq Mi
$67,263
Median Household Income
$37,829
Median Earnings
$1,432
Median Rent
$363,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has a private fenced outdoor area and its own garage, with utilities separately metered.
Where is this quadplex located?
The property is located at 2809 N Superstition Ln Prescott Valley, AZ.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: Four residences, each with 2 bedrooms and 2 bathrooms; Approximately 4,021 square feet across the property; Each unit includes a one‑car garage and private fenced yard
