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Property profile & analytics
OFF-MARKET
Hospitality properties

3220 Az-89 Prescott, AZ 86301

5,887 SF Built 1963
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Hospitality properties
Year built 1963
Total area 5,887 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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