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601 S Cortez St
Prescott, AZ 86303

Cortez Circle · Multifamily Property For Sale · 38 Units

PROPERTY FACTS

No. Units 38
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 3.86 AC
Building Size 32,600 SF
Average Occupancy 95%
No. Stories 2
Year Built 1961

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Heating
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Carpet
  • Grill
  • Patio

Site Amenities

  • Fitness Center
  • Laundry Facilities
  • Pool
  • Walking/Biking Trails

About 601 S Cortez St , Prescott, AZ 86303

Please do not disturb residents or manager. Contact Chuck LaBenz at for additional information or to Schedule a Tour. Go to The Cortez Circle apartment community is situated on a private cul-de-sac street, which is owned by the property, and is walking distance to the center of town and famous Whiskey Row. The two-bedroom units and some of the one-bedroom units are townhome-style. Most units include a private patio with washer and dryer hook-ups, and storage off the patio. The property has a pool, covered parking, plenty of interior and exterior storage, and a laundry facility with owned equipment. There are nine separate buildings built on slab, block construction, with pitched, asphalt shingled roofs. The buildings are positioned to take best advantage of the views and give residents the most privacy and a low-density feel. There is an additional adjacent 2.96 acres of buildable land. The current owners have gone as far as to have a preliminary site plans drafted with some initial footings poured which could allow for 30 additional rental units and 38 garages to be built. The Cortez Circle Apartments are located in historic downtown Prescott, just four blocks from the Courthouse Square, and within close proximity to State Highway 89, providing easy access to employment centers within the metro area. Nearby major shopping centers include: Frontier Village Center located less than three miles from the property; Village at the Boulders located three miles from the property; Prescott Gateway Mall located five miles from the property, and other nearby shopping conveniences including Costco and the Walmart Supercenter. Home to over 42,180 residents, Prescott is located in Yavapai County and a principal city in the Prescott Metropolitan Statistical Area (MSA). Prescott MSA is the third-largest metropolitan area in Arizona with more than 217,000 residents. Major employers in Yavapai County include: Yavapai County (1,462 employees), Yavapai Regional Medical Center (1,405 employees), Veterans Medical Center (1,128 employees), Cyprus Bagdad Copper Mine (870 employees), Walmart (840 employees), and Verde Valley Medical Center (825 employees).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
109-15-015C
Land Assessment
$287,494
Improvements Assessment
$7,980,829
Total Assessment
$8,268,323
  • Listing ID: 3730647

  • Date on Market: 2016-09-24

  • Last Updated:

  • Address: 601 S Cortez St, Prescott, AZ 86303

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