$5,100,000
Prescott, AZ 86303
MLS# 1067019
74668 sqft
1 / 6
Property Description
Introducing an exceptional opportunity for developers and investors alike: a fully zoned and permitted 144-unit apartment complex, poised for immediate development. This proposed four-story project boasts a well-considered unit mix, featuring 32 studios, 64 one-bedroom apartments, and 48 two-bedroom residences, catering to a diverse range of tenants. With 216 parking spaces, a refreshing 16' x 30' pool, a relaxing spa, two inviting ramadas, and a stylish clubhouse, this complex promises an attractive lifestyle for its future residents. The site comes with all necessary plans, permits, and engineering, making it nearly shovel-ready. Priced competitively at $35,417 per door, this is an unparalleled chance to invest in a thriving community. The DD documents are available to review with NDA.
Details
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ContractAddressLegal
Original List Price: 5100000
Listing Date: 2024-08-26
Status: Active
Listing Price: 5100000
Street #: 3360
Street Name: Gateway
St Suffix: Boulevard
City/Township: Prescott
State: AZ
Zip Code: 86303
Subdivision: None
County: Yavapai
Tax Parcel: 103-20-600Q
General Property Description
Lot Size: 205881
Aprx Acres: 4.73
Buildings: 5
Total Liveable SqFt: 74668
Source of Measuremnt: County Assessor
Stories: 3
Parking Spaces: 192
Year Built: 2001
Vac Rate %: 100
Baths - Full: 144
Property Use: Investment Prop
Construction Status: Proposed
Space Available: Yes
Date Available: 2024-08-26
CC & R: Yes
CC & R Type: PAD
CC & R Frequency: Monthly
Volts: 480
Tax Info
Taxes: 7726
Tax Year: 2023
Asmts Freq: Annual
Heating
Natural Gas: 1
Property Features
Bathrooms: ADA; Interior; Separate M and W
Building Type: 5+ Units
Business Location: Freestanding Bldg; Inside Location
Commercial Amenities: None
Construction: Architect Concept; Frame - Steel
Cooling: Ceiling Fan(s); Central Air
External Amenities: Drip System; Fence; Handicap Access; Landscaped; Paved Parking; Security Lights; External Restroom
Flooring: Carpet; Concrete; Tile; Wood
Heating: Electric; Zoned
Internal Amenities: Bathroom; Ceiling Fan(s); Elevator(s); Fire/Smoke Detector; Kitchen; Security/Alarm; Sprinklers
Parking: On-Site
Records Available: Alta Survey; Site Plan; Survey; Other - See Remarks
Road Responsibility: Paved; Private Maintained Road; Recorded Easement
Roof: Asphalt Shingle
Utilities Installed: 220; Natural Gas; Underground; Water - City; WWT - Private Sewer
Listing Office: Prescott Commercial Real Estate
Last Updated: September - 07 - 2024
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