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Address
610 S Granite Street Prescott, AZ
Price
$ 3,300,000
Property Attributes
  • MLS#5908241
  • TypeMulti-Family
  • CountyYAVAPAI
  • CityPrescott
  • NeighborhoodPrescott
  • Zip86303
  • Style
  • Year Built1987
  • Taxes6693
  • Price$ 3,300,000
  • Bedrooms30
  • Full Bathrooms30
  • Half Bathrooms0
  • Sqr Footage16860
Listing Provided Courtesy Of:
ABI Multifamily
Property 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

Price History
4/8/2019 Listed $3,450,000
5/30/2019 5% - $3,300,000

General Features

1 Bedroom Units: Avg Rent 820.00
2 Bedroom Units: Avg Rent 0.00
3 Bedrooms Units: Avg Rent 0.00
4 Bedrooms Units: Avg Rent 0.00
Construction Frame - Wood
Features No Pool, Other (See Remarks)
Listing Status Active
Map Code/Grid C82
Net Income 193262.00
New Financing Conventional, 1031 Exchange, Other (See Remarks)
Owner Pays Water, Sewer, Trash, Landscaping, Other (See Remarks)
Property Type F
Public Remarks 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
School District 000 - Out of Area
Subdivision PRESCOTT
Tenant Pays Electric
Year Built 1987
Zoning BR

Interior Features

1 Bedroom Units: # 1 Bedroom Units 30
1 Bedroom Units: # Baths 1
1 Bedroom Units: Avg Sqft 562
Appliances Included BI Oven/Range, Refrigerator, Dishwasher, Other (See Remarks)
Cooling Other (See Remarks), Electric Refrigeratd, Individual
Electric Other (See Remarks)
Floors Carpet, Other (See Remarks), Vinyl/Composition
Gas Other (See Remarks)
Heating Electric, Individual, Other (See Remarks)
Interior Features Other (See Remarks)
Total Number of Units 30.00

Exterior Features

Sale Includes Land & Building
Const - Finish Painted, Siding
Covered Parking Spcs 0.00
Exterior Features Other (See Remarks)
Lot Size Dimensions 431x102
Parking Free, Paved Parking, >1 Space Per Unit
Roof Comp Shingle
Sewer Sewer - Public
Total Parking Spcs 30.00
Water City Franchise

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 86303

Price
AVG $1.91M
$3.3M
Taxes
AVG $4,998
$6,693
Visits
AVG 148
454
Year Built
AVG 1957
1987
Walkscore
AVG 62
67
Data Provided by Walkscore ® not using MLS data

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