Cala Luxury Apartments 1257 White Spar Rd 39 Unit Apartment Building $19,676,500 CAD ($504,526 CAD/Unit) Prescott, AZ 86303

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.