Triplex with Appliances
For Sale
$975,000
Pending
3241 N Constance Dr, Prescott Valley, AZ 86314
Three-unit residential property with refrigerators, washers, and dryers provided throughout.
Property Size4,526 SF
Days on Market78
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Property Features for 3241 N Constance Dr
General Information
Standard status
Pending
Size
4,526 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
3
Amenities
refrigerators
washers
dryers
Building Details
Year Built
2022
Buildings
1
Listing Agency:
Realty ONE Group Mountain Desert
Listed By:
Frederick Lee Borst · License #SA570671000
(928) 830-1843
Source:
Searchprescotthouses
Added: Jul 30
Changed: Oct 1
Last Checked: Oct 14 at 11:16PM
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 Realty ONE Group Mountain Desert
Investment Insights
Based on property information with market context.
Built in 2022, this 4,526-square-foot triplex contains three separate residential units at 3241 N Constance Dr in Prescott Valley, Arizona. The configuration places multiple units within one property while maintaining distinct living spaces for each occupant.
Each of the three units includes a refrigerator, washer, and dryer. These appliances transfer with the sale and provide consistent equipment across the property. The asset is located in Prescott Valley, AZ 86314.
Each of the three units includes a refrigerator, washer, and dryer. These appliances transfer with the sale and provide consistent equipment across the property. The asset is located in Prescott Valley, AZ 86314.
Key Highlights
- Three individual residential units
- 4,526 square feet across the triplex
- Built in 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,819
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,036,380
$1.0M
Cap Rate 7%
$740,271
$740.3K
Cap Rate 9%
$575,767
$575.8K
Market Conditions
NOI Build-Up for 4,526 SF
Gross rent
$78.8K $17.40/SF
− Vacancy
−$4.7K −$1.04/SF
EGI
$74.0K $16.36/SF
− OpEx
−$22.2K −$4.91/SF
NOI
$51.8K $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%
$1,036,380
Cap Rate 7%
$740,271
Cap Rate 9%
$575,767
Alternative Uses
Best Use
Multifamily LT 5
$740.3K
$647.7K – $863.7K
NOI $51,819 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$689.2K
$603.0K – $804.1K
NOI $48,243 @ 7.0% cap · market cap 4.95%
Theoretical Best
Warehouse
$1.52M
$1.33M – $1.77M
NOI $106,134 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
649
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential property with refrigerators, washers, and dryers provided throughout.
Where is this triplex located?
The property is located at 3241 N Constance Dr Prescott Valley, AZ.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Three individual residential units; 4,526 square feet across the triplex; Built in 2022
