www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30854927
30854928

1257 White Spar Rd, Prescott, AZ 86303

RZ
AZ AZ SA553424000, AZ
Better Homes and Gardens BloomTree Realty
Listed by Better Homes and Gardens BloomTree Realty
$14,500,000
89 days on market
Updated 89 days ago

Cala Luxary Apartments

Details
APN 107-15-050A &107-15-049D
Property Type Multifamily
Sub Type Apartment Building
Square Footage 63,808
Units 39
Cap Rate 6.50%
Pro-Forma Cap Rate 6.5%
Pro-Forma NOI $942,500
Price per SqFt $227
Broker Co-Op Yes
Class A
Year Built 2024
Buildings 7
Stories 2
Acreage 3.180
Zoning MF-H
Parking Spaces 94 spaces
Parking Per SqFt 1.47
Investment Type Stabilized

Newly Constructed Luxury Asset in Premier Lifestyle Location

Marketing description

Cala Luxury Apartments presents a rare opportunity to acquire a one-of-a-kind boutique multifamily community in the highly desirable mountain setting of Prescott, Arizona. Nestled among the pines, this thoughtfully designed 39-unit property offers spacious floor plans, modern finishes, and a tranquil residential environment that appeals to today’s renters.

Residents enjoy serene surroundings with beautiful views of the surrounding pine forest and convenient access to multiple nearby trailheads just minutes from their doorstep. Cala is ideally located less than two miles from Prescott’s renowned Downtown Courthouse Square, offering the perfect balance of natural beauty and proximity to dining, shopping, and entertainment.

Situated on ±3.18 acres of MF-H zoned land, the property consists of seven separate two-story buildings totaling 39 units. Each building is fully fire-sprinklered, and every unit features its own private water meter. The community offers three well-designed floor plans, including 38 two-bedroom, two-bath units ranging from ±1,073 to ±1,499 square feet, along with one spacious one-bedroom unit of ±1,026 square feet.

Every unit includes a private one-car garage with automatic opener and features high-quality finishes and modern conveniences. Interior features include energy-efficient mini-split heating and cooling systems, large-capacity washers and dryers (or stacked units), Delta plumbing fixtures, instant hot water systems. and smart panels with dedicated high-speed fiber optic internet access. Kitchen features include upgraded stainless steel appliances, dishwashers, garbage disposals, Kohler black farmhouse sinks with gooseneck faucets, granite countertops, and high-end cabinetry with soft-close drawers.

With its recent completion, modern construction standards, and desirable location near downtown Prescott and surrounding outdoor amenities, Cala Luxury Apartments offers investors the opportunity to acquire a newly delivered multifamily asset with strong long-term positioning in one of Northern Arizona’s most sought-after residential markets.

Investment highlights

  1. Newly Constructed Luxury Asset (2024), 2. Premier Lifestyle Location Near Downtown Prescott, 3. Boutique Community in Supply-Constrained Market, 4. Large, Highly Desirable Floor Plans with Private Garages, 5. Luxury Interior Finishes & Modern Technology, 6. Exceptional Resident Amenities & Outdoor Appeal, 7. Value-Add Revenue Opportunities, 8. Condominium Conversion Potential

Listing Contacts

RZ
AZ AZ SA553424000, AZ
Better Homes and Gardens BloomTree Realty
Listed by Better Homes and Gardens BloomTree Realty

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Raymond Zogob
License
AZ SA553424000
Brokerage
BHGRE Commercial
Title
Commercial Specialist
Brokerage Address
102 West Gurley Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591