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Property profile & analytics
OFF-MARKET Estimated value $1,845,000
Community centers

3360 Gtwy Blvd Prescott, AZ 86303-6964

163,096 SF 16.98 ac lot Built 2001
Entity Owned Absentee Owner Free & Clear
Property ID
US07-2252028
Property summary
AI-generated overview

This exceptional Prescott, Arizona multifamily investment presents a fully permitted and zoned 144-unit apartment complex ready for immediate development. Located at 3360 Gateway Blvd, Prescott, AZ 86303 (APN 103-20-600Q), this Class A property encompasses 74,668 square feet across two four-story buildings on a 205,881 square foot lot. The unit mix includes 32 studios, 64 one-bedroom, and 48 two-bedroom apartments, catering to diverse tenant needs. Amenities are designed for resident appeal and include 216 parking spaces, a 16' x 30' swimming pool, a spa, two ramadas, and a clubhouse. All necessary plans, permits, and engineering are in place, making this a nearly shovel-ready project. Priced at $5,100,000 ($68.30/sq ft and $35,416.67/unit), this represents a compelling opportunity in a thriving market. Detailed due diligence documents are available upon request and execution of a non-disclosure agreement. The property is zoned BR.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2001
Total area 163,096 SF
Lot 16.98 ac (739,649 SF)
APN 103-20-600P
UPID US07-2252028
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.85M
Owner & transaction history
ZL PRESCOTT LLC
ZL PRESCOTT LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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