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Renovated 11-Unit Motel
For Sale
$1,550,000

805 White Spar Road, Prescott, AZ 86303

Commercial Sale, Prescott, AZ

Property Size3,733 SF
Lot Size0.36 Acres
Price / SF$415.22
Days on Market179

Property Features for 805 White Spar Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning BG
Zoning description Business General
Parking 11
Exterior features Handicap Access
Accessibility Accessible Approach with Ramp
Lot features Landscaped
Directions From the downtown Courthouse, go approx. 1.4 miles south on Montezuma. Montezuma turns into White Spar Road. Go approx. 1 bock past Copper Basin Road and the Property will be on the left just before you get to the Sierra Inn.
Standard status Active
Lot size 0.36 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOTS 11, 12, MILE HIGHPROPERTIES NO. 2 LESS ADOT R-O-W. CONT. 0.36 AC. MILE HIGH PROPERTIES 2 BOOK 4 PAGE 66
Tax Annual Amount 1728
Legal Description LOTS 11, 12, MILE HIGHPROPERTIES NO. 2 LESS ADOT R-O-W. CONT. 0.36 AC. MILE HIGH PROPERTIES 2 BOOK 4 PAGE 66

Utilities

Utilities Phone Available
Heating system Electric (Heating)
Water source Public

Amenities

Wi-Fi
cable
shared kitchen area
storage room
laundry facility
outdoor patio space
security camera system

Building Details

Year built 1985
Floors in Building 1
Number of units 11
Flooring type Vinyl, Concrete
Building materials Frame, Stucco
Roof type Asphalt
Listing Agency: Keller Williams Arizona Realty · Keller Williams Realty
Listed By: Travis R Bard · License #BR038469000
Added: Feb 23 Changed: Aug 21 Last Checked: Aug 21 at 11:06PM
MLS# 1079872

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 11-unit motel comprises three adjacent buildings totaling approximately 3,733 SF on approximately 0.36 acres. The unit mix includes 10 studio guest rooms and a one-bedroom suite used as an on-site manager’s office and residence. Interior work completed in 2024/2025 includes new doors and windows, mini-split HVAC, digital locks, vinyl plank flooring, updated cabinetry and countertops, refreshed plumbing fixtures, modern lighting, and new paint. Exterior improvements include a new parking lot, concrete walkways, landscaping, patio space, exterior lighting, security cameras, fencing, and six new water heaters.

The property is located in downtown Prescott and carries BG (Business General) zoning. On-site amenities include a shared kitchen, storage room, and a laundry building with four coin-operated washers and dryers, a folding table, coin change machine, and vending machine. There are 11 on-site parking spaces, along with additional parking at the southeast corner of the parcel. Current operations are mid-term rentals on weekly-to-monthly terms, with management in place that may transfer to a new owner. The stated 7.85% CAP rate incorporates a 5% vacancy factor and a 5% repair/reserve factor.

Key Highlights

  • 11‑unit motel with 10 studio rooms and one 1‑bedroom manager’s suite
  • Approximately 3,733 SF across three adjacent buildings on approximately 0.36 acres
  • 2024/2025 interior and exterior renovations include mini‑split HVAC, digital locks, new windows, flooring, fixtures, landscaping, and fencing

Property Analytics

Current Use

Recovery In the Pines Social Service Agency Cascade Motel Hotel & Motel

Suggested Use

Top Pick Dental Office Building Supply HVAC Service Electrical Service Parking Lot & Garage Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby
Well-served
Demand for This Use

Demographics for 86303, AZ

18,201
Population
12,255
Households
1.5
Avg Household Size
61
Median Age
41%
College-Educated
96%
High-School Grad
107.2 sq mi
ZIP Area
170
Density / Sq Mi
$68,656
Median Household Income
$44,428
Median Earnings
$1,309
Median Rent
$502,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Sierra Inn Prescott AZ 809 White Spar Rd, Prescott, AZ 86303
  • New Hotel 1290 White Spar Rd, Prescott, AZ 86303
  • Prescott Diamond Retreat 925 white spar rd, prescott, az 86303
  • Stag`s Leap Lodge - Prescott Cabin Rentals 820 bryce canyon cir, prescott, az 86303
  • Days Inn by Wyndham Prescott 1290 White Spar Rd, Prescott, AZ 86303

Frequently Asked Questions

What type of property is this?
Motel - Three adjacent buildings offer updated guest accommodations, shared amenities, and BG zoning in downtown Prescott.
Where is this motel located?
The property is located at 805 White Spar Road Prescott, AZ.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 11‑unit motel with 10 studio rooms and one 1‑bedroom manager’s suite; Approximately 3,733 SF across three adjacent buildings on approximately 0.36 acres; 2024/2025 interior and exterior renovations include mini‑split HVAC, digital locks, new windows, flooring, fixtures, landscaping, and fencing
More about this property
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