805 White Spar Road, Prescott, AZ 86303
Commercial Sale, Prescott, AZ
Property Features for 805 White Spar Road
General Information
Taxes and HOA fees
Utilities
Amenities
Building Details
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Investment Insights
Based on property information with market context.
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
Location Intelligence
Trade Area within ½ mile
Demographics for 86303, AZ
Market
Vacancy Rate% for Multifamily in West region
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