Prescott Multifamily Buyer
Sell Your Commercial Property In Prescott, AZ
From Downtown Prescott to Chino Valley, we buy Prescott multifamily and commercial apartment properties of 5+ units in every condition. Owners and agents get a straight answer on fit, usually within two business days.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Neighborhoods & Nearby Towns: Downtown Prescott · Prescott Valley · Chino Valley · Williamson Valley — Yavapai County, AZ
Local Demand
Our View On Prescott
Prescott, the Yavapai County seat, had 47,400 residents in ACS 2020-2024. It is a separate city from the neighboring Town of Prescott Valley. Renters hold 32.0% of Prescott's 22,793 occupied homes, and median gross rent is $1,395 a month. The Bob Stump VA Medical Center and Embry-Riddle's Prescott campus are major local institutions. This profile covers renters, HUD FY2027 fair market rents, Yavapai County tax rates and Arizona landlord law for owners who want to sell commercial property in Prescott, AZ.
Bob Stump VA Medical Center
Prescott's VA campus has 15 acute-care, 75 community living and 120 domiciliary beds; its system serves 34,000+ veterans.Embry-Riddle Prescott campus
Embry-Riddle's Prescott campus welcomed 913 new undergraduate and graduate students for the 2025-26 academic year.Courthouse Plaza tourism
Prescott's tourists come mainly from Phoenix, Tucson, California, Canada and Germany; city bed tax collections fell 1.9% in fiscal 2025.Our Buy Box
What We Buy In Prescott
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Prescott Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Prescott
Renters occupy 32.0% of Prescott's 22,793 occupied homes, per the ACS 2020-2024 tenure table. Yavapai County's renter share is 24.9%, per the county tenure table. Buildings with five or more units hold 14.1% of Prescott homes, or 3,611 units, per ACS table B25024.
About 32.8% of Prescott housing was built before 1980, per ACS table B25034. Rental vacancy was 1.9% in the ACS 2020-2024 profile table DP04. These figures cover the City of Prescott only, not the separate Town of Prescott Valley.
Rents and affordability in Prescott
Median gross rent in Prescott was $1,395 a month in ACS 2020-2024, per table B25064. In Prescott, 48.6% of renter households pay 30% or more of income on rent, per table B25070.
| Unit size | HUD FY2027 FMR |
|---|---|
| Studio | $1,079 |
| 1 bedroom | $1,242 |
| 2 bedroom | $1,550 |
| 3 bedroom | $2,146 |
| 4 bedroom | $2,263 |
These are HUD's FY2027 fair market rents for the Prescott Valley-Prescott, AZ MSA. Owners who sell commercial real estate in Prescott, AZ face a median rent $155 below the two-bedroom figure.
Property taxes in Yavapai County
Arizona assesses residential rental property as class four at 10% of value under A.R.S. 42-15004. Yavapai County's combined FY 2025-2026 rate is 1.9388 per $100, per the county: 1.6443 primary, 0.1599 flood control and 0.1346 library.
Yavapai College levies 1.4463 per $100 for 2025-26, per its adopted budget. The City of Prescott levies 0.2329, per its FY2026 budget schedules. Together these levies total 3.6180 per $100, or about $7,236 a year on a $2,000,000 building assessed at $200,000.
School district levies come on top of that base. Anyone who plans to sell commercial property in Prescott, AZ should have the parcel's full tax bill ready for buyers.
Landlord rules in Prescott
Prescott has no power to cap rents, because A.R.S. 33-1329 preempts rent control by Arizona cities and towns. Security deposits may not exceed one and one-half months' rent under A.R.S. 33-1321. Unpaid rent allows termination five days after written notice under A.R.S. 33-1368.
What it means for a Prescott owner
To sell commercial property in Prescott, AZ, prepare a rent roll, twelve months of operating statements and the latest Yavapai County tax bill. Test pricing with our cap rate calculator.
Skyline Capital Investments buys 5+ unit buildings, listed or off-market. To sell your apartment building in Prescott, start on our seller page.
Before You Sell
Selling In Prescott
More about selling in Arizona →Investing in Prescott? See apartment syndications in Prescott →
- Owners who sell commercial real estate in Prescott, AZ meet buyers who price against $1,395 median gross rent.
- Selling commercial property in Prescott starts with the tax bill; three base levies total 3.6180 per $100.
- Prescott Valley is a separate town; the census figures here cover only the City of Prescott.
Seller Guides
Prescott Seller Situations
Learn More
Taxes & Rules For Prescott Property
The Arizona rules that shape any deal in Prescott: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Prescott Seller FAQ
How do I sell commercial property in Prescott, AZ?
Gather a current rent roll, twelve months of operating statements and the latest Yavapai County tax bill. Buyers will compare your rents with Prescott's $1,395 median gross rent from ACS 2020-2024. Skyline Capital Investments buys 5+ unit buildings, listed or off-market.
What drives buyer interest when I sell commercial real estate in Prescott, AZ?
Renters hold 32.0% of Prescott's occupied homes, above Yavapai County's 24.9%. Rental vacancy was 1.9% in ACS 2020-2024. The Bob Stump VA Medical Center and Embry-Riddle's Prescott campus, which added 913 new students for 2025-26, sit in the city.
How much are property taxes on a Prescott apartment building?
Arizona assesses rental property at 10% of value, so a $2,000,000 building carries a $200,000 assessed value. Yavapai County, Yavapai College and City of Prescott levies total 3.6180 per $100 for 2025-26, about $7,236 a year. School district levies are added on top.
Can Prescott put a cap on rent increases?
No. Under A.R.S. 33-1329, the state preempts rent control, so neither Prescott nor any other Arizona city or town can limit rents on private housing. Deposits are capped at one and one-half months' rent, and refunds are due within 14 days, excluding weekends and holidays.
How old is the apartment stock in Prescott?
The median Prescott home was built in 1992, and 32.8% predates 1980, per ACS 2020-2024. Buildings with five or more units hold 14.1% of homes, more than double Yavapai County's 6.6%. That mix shapes pricing for owners who sell multifamily property in Prescott.
Will you buy a Prescott property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Can I sell my Prescott apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Can I sell rental property in Prescott with tenants in place?
Yes. We buy apartment buildings with tenants in place and keep existing leases intact. As a commercial real estate buyer focused on 5+ unit properties, we underwrite the current rent roll as it stands.
What do I need to sell my apartment building in Prescott?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Tell Us About Your Property In Prescott
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
