Creekside Apartments | 610 South Granite Street, Prescott, AZ 86303 | 30 Units | $3,900,000 | $130,000 Per Unit | $231.32 Per SF
FOR IMMEDIATE RELEASE
Company Website: www.ABImultifamily.com
Phoenix, AZ. (September 15, 2021) – ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,900,000 / $130,000 Per Unit / $231.32 Per SF sale of Creekside Apartments, a 30-unit multifamily apartment community located in Prescott, Arizona.
Creekside Apartments is a garden-style apartment community built in 1987 and located less than a mile from Downtown Prescott. The property is comprised of (30) large 1-bedroom / 1-bathroom units, with several of the units featuring private backyards facing Aspen Creek. All units are individually metered for electricity and include individual air-conditioning units.
Creekside Apartments is situated right on Aspen Creek, located a few blocks from the famed Whiskey Row. Whiskey Row is a vibrant center of activity in Downtown Prescott which allows residents of Creekside easy access to numerous restaurants, bars, and galleries within minutes of their home. And while Whiskey Row is considered a battery of social energy in Prescott, residents 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.
ABI Multifamily's John Klocek and Patrick Burch represented the buyer and seller in this transaction.
The buyer is based in California and the seller is based in North Dakota.
ABI Multifamily (https://www.abimultifamily.com/) is a brokerage and advisory services firm that focuses exclusively on apartment investment transactions. With offices in Phoenix, Tucson, Sacramento, and San Diego, the experienced advisors at ABI Multifamily have completed billions of dollars in sales and thousands of individual multifamily transactions. ABI Multifamily incorporates a global approach with regional real estate expertise to successfully complete any multifamily transaction, regardless of size and complexity. ABI Multifamily is a proud supporter of the Arizona Housing Fund, making a donation for every sale to help end homelessness in our state by funding more permanent, supportive housing.