3220 Az-89 Prescott, AZ 86301
- Hospitality properties
- 5,887 SF
Current Use by Public Records
- Hospitality properties
Property Details for 3220 Az-89
- Year built
- 1963
- Property size
- 5,887 SF
- Property type
- Hospitality properties
- Property subtype
- Motels
Description
This exceptional investment opportunity presents a 20-unit motel, ideally situated in Prescott, Arizona, at 3220 AZ-89, zip code 86301. The property, known as the Granite Dells Lodge, boasts a prime location between Willow and Watson Lakes in the Dells area. Built in 1963 and renovated in 1997, the property comprises two single-story buildings totaling 5,887 square feet. The property is zoned RS-35 and C1-2, offering flexibility for potential future development. The assessed parcel number (APN) is 106-13-018C. This is a value-add opportunity for investors seeking to capitalize on the thriving Prescott rental market. Financial projections are based on pro-forma estimates and further details are available upon request. Serious inquiries only. The property's location in Yavapai County offers convenient access to local amenities and attractions. This unique property presents a chance to increase profitability through strategic improvements and management. The property's history as a motel provides a solid foundation for a successful multi-family investment. Further information regarding the financial performance and potential returns is available to qualified buyers.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Prescott
- County
- Yavapai
- State
- Arizona
- Longitude
- -112.426
- Latitude
- 34.5982