116 E Leroux Street

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116 E Leroux Street

Prescott, AZ 86303
Asking Price
$350K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily asset for sale in Prescott Arizona
  • Total building footprint consists of two residential units
  • Property is listed for an asking price of 350,000 dollars
  • Asset is situated at 116 E Leroux Street in the 86303 zip code
  • Located in an established market within the high-elevation mountain region

What's Special

Priced at 350,000 dollars, this multifamily apartment building located at 116 E Leroux Street in Prescott, Arizona, presents a functional investment option. The property comprises two units designed for residential use within the downtown Prescott area. Residents in this submarket benefit from the proximity to regional historic sites, local retail corridors, and the growing economic base of Yavapai County. This asset class remains a staple for investors looking to expand their footprint in a established mountain community characterized by steady demand for rental housing. Given its configuration and central placement, the property supports long-term residential leasing strategies suitable for the local workforce or individuals attracted to the high-elevation climate and outdoor-centric lifestyle of the region.

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

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