805 White Spar Rd Prescott, AZ 86303

This exceptional investment opportunity presents a downtown Prescott apartment/motel complex and an adjacent vacant commercial parcel, totaling approximately 0.59 acres of BG zoned land. The property is listed at $1,950,000 and comprises three adjacent buildings encompassing 4,404 square feet. Eleven studio-style guest rooms are available, along with a one-bedroom suite ideal for an on-site manager's office or residence. The complex offers convenient amenities including a shared kitchen area, a storage room, and a newly installed laundry room equipped with four coin-operated washers and dryers. Eleven on-site parking spaces are provided, located in front and to the side of the studio units, with additional parking available on the east side of the property. The inclusion of the adjacent 0.23-acre vacant commercial parcel presents significant potential for expansion or future development. This property is situated in a prime downtown Prescott location, offering strong potential for rental income and future appreciation. The combination of existing income-generating units and the vacant land makes this a versatile and attractive investment opportunity.