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Cindy Iorio

Cindy Iorio
RE/MAX Mountain Properties
Prescott, AZ 86305

602-478-1575
Contact Me

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Listing 10 out of 146
$3,450,000 For Sale

610 Granite Street
Prescott, AZ 86303

30 units | Multi Family Home - MLS# 5908241
Property Photo
1/12

Description

Creekside consists of 30 large 1 bedroom / 1 bath units, with several of the unitshaving private backyards right on Aspen Creek. There is plenty of parking forresidents, with the community sitting on a large 1.01 acre parcel of land. Allunits are individually metered for electricity and have individual air-conditioningunits. The property has been well maintained and a new roof was recentlyinstalled. The property has been owned and managed by an out-of-state ownerand as a result, operations have suffered from a vacancy standpoint as well aswith regard to other management efficiencies. There is a ton of opportunity toadd value through management improvement, as well as through interiorupgrades. This is a phenomenal value-add opportunity in a submarket wheremultifamily off rare and inventory is extremely limited. Creekside Apartments is a prime investment opportunity in the heart of Prescott. This 30-unit property is located right on Aspen Creek, less than a mile from Downtown Prescott and the famed Whiskey Row. Whiskey Row is a vibrant center of activity in Downtown Prescott (less than a 15-minute walk from the property), and while the number of saloons has decreased greatly from a century ago, tenants of Creekside will not be at a loss finding a great place to eat, drink, or to view exemplary works of art within minutes of their home. And while Whiskey Row is considered a battery of social energy in Prescott, locals will find a great variety of other interesting places and things to do throughout the city, all with their own distinct flavor and charm. The location is extremely well-situated in the town and allows residents to enjoy, with ease, so much of what Prescott has to offer.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Yavapai County
  • Zip Code: 86303
  • Year Built: 1987
  • Subdivision/Neighborhood: Prescott
  • School District: 000 - Out Of Area
  • Units: 30 units
  • # of Parking Spaces: 30
  • Zoning: BR
  • 1 Bedroom Units: # 1 Bedroom Units: 30
  • 1 Bedroom Units: # Baths: 1
  • 1 Bedroom Units: Avg Rent: 820.00
  • 1 Bedroom Units: Avg SqFt: 562
  • Appliances Included: BI Oven/Range, Other (See Remarks), Dishwasher, Refrigerator
  • Complex Features: No Pool, Other (See Remarks)
  • Const - Finish: Painted, Siding
  • Construction: Frame - Wood
  • Cooling: Other (See Remarks), Individual, Electric Refrigeratd
  • Floors: Carpet, Vinyl/Composition, Other (See Remarks)
  • Heating: Electric, Other (See Remarks), Individual
  • High School Dist #: 000 - Out of Area
  • Lot Dimensions: 431x102
  • Marketing Name: Creekside Apartments
  • Net Income: 193262.00
  • Owner Pays: Water, Other (See Remarks), Landscaping, Trash, Sewer
  • Parking: Free, >1 Space Per Unit, Paved Parking
  • Property Description: 25 - 50 Units
  • Roads/Streets: Asphalt/Blacktop
  • Roofing: Comp Shingle
  • Sale Includes: Land & Building
  • Sewer: Sewer - Public
  • Tenant Pays: Electric
  • Water: City Franchise
Courtesy of ABI Multifamily



Cindy Iorio | 602-478-1575 | Contact Me
731 W. Gurley - Prescott, AZ 86305
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