The Coutyard Apartments have set a new standard of multifamily investment within the developing market of Prescott, AZ. A two story, 10 unit asset that sits with pride just South of Downtown Prescott, the unit mix is 2 - Bedrooms 1.5 Bathrooms. The asset also provides parking for tenants, a walled off patio per unit, and also a personal storage unit per unit as well.
This asset has a quiet and reliable tenant demographic of students and local residents. The previous owners have put hours of effort and care into maintaining this asset, with consistent capital expenditures that will cut any assuming owner's bottom line. This asset has a possible 6.5% pro forma potential.
Touring the asset must be scheduled, and we kindly ask that you do not speak to any tenants.
Just south of Downtown Prescott, off of Marina Street. The asset sits near community staples such as Prescott Christian Church, Prescott Middle School, The Prescott Public Library, and down the road from Prescott Community College.
