805 White Spar Rd Prescott, AZ 86303

Exceptional Opportunity to purchase this downtown Prescott apartment / motel complex and proposed RV Park. The property is being offered for sale at $2,200,000 with a proforma cap rate of 11.5% (please contact listing agent for additional details). This wonderful lodging opportunity features 12 studio style guest rooms located within 3 separate and adjacent buildings which total 3,841 sf. As part of this sales offering, the owner is including their conceptual site plan and estimated site improvement costs for the development of a proposed 8-unit RV park planned on the adjacent .23-acre vacant parcel (see attached site plan). Situated on two adjacent parcels totaling +/-.59 acres of BG zoned land, there are 12 on-site parking spaces located in front and on the side of the studio uni