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Pinnacle Vista Apartments 6301 E Pinnacle Vista Dr 16 Unit Apartment Building $9,250,000 ($578,125/Unit) 5.41% Cap Rate Scottsdale, AZ 85266



INVESTMENT HIGHLIGHTS
- Pinnacle Vista offers private patios or balconies, 9-foot ceilings, walk-in closets, and a resort-style pool.
- The development includes an equal distribution of 8 two-bedroom, two-bathroom units and 8 one-bedroom, one-bathroom units.
EXECUTIVE SUMMARY
Completed in 2024, MACALLISTER | Pinnacle Vista presents 16 condominium residences featuring spacious floorplans, including 1-bedroom, 1-bath and 2-bedroom, 2-bath units, with average sizes of 980 and 1,184 square feet, respectively. Each residence is equipped with a modern kitchen, complete with full-size stainless-steel refrigerators, granite countertops, subway tile backsplashes, and custom cabinetry with soft-close doors.
Enhancing the boutique community feel, Pinnacle Vista offers private patios or balconies, 9-foot ceilings, walk-in closets, and a resort-style pool, providing the perfect blend of luxury and practicality. The development includes an equal distribution of 8 two-bedroom, two-bathroom units and 8 one-bedroom, one-bathroom units, each offering a living room, dining room, and kitchen.
This project offers residents exceptional access to Scottsdale's more rural Desert Foothills neighborhood. While most of the local housing consists of single-family homes on large lots, Pinnacle Vista aims to transform a vacant lot into a desirable housing option for those seeking to live in this area. The development increases housing choices in northern Scottsdale, offering a more rural setting that brings residents closer to the desert and mountains compared to the more urban areas of Scottsdale.
Incorporating green building practices, the project emphasizes building orientation, passive solar design, natural daylighting, and passive cooling techniques. These eco-friendly strategies are designed to support energy-efficient systems and sustainable construction methods.
Enhancing the boutique community feel, Pinnacle Vista offers private patios or balconies, 9-foot ceilings, walk-in closets, and a resort-style pool, providing the perfect blend of luxury and practicality. The development includes an equal distribution of 8 two-bedroom, two-bathroom units and 8 one-bedroom, one-bathroom units, each offering a living room, dining room, and kitchen.
This project offers residents exceptional access to Scottsdale's more rural Desert Foothills neighborhood. While most of the local housing consists of single-family homes on large lots, Pinnacle Vista aims to transform a vacant lot into a desirable housing option for those seeking to live in this area. The development increases housing choices in northern Scottsdale, offering a more rural setting that brings residents closer to the desert and mountains compared to the more urban areas of Scottsdale.
Incorporating green building practices, the project emphasizes building orientation, passive solar design, natural daylighting, and passive cooling techniques. These eco-friendly strategies are designed to support energy-efficient systems and sustainable construction methods.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $9,250,000 | Apartment Style | Low-Rise |
| Price Per Unit | $578,125 | Building Class | B |
| Sale Type | Investment | Lot Size | 2.89 AC |
| Cap Rate | 5.41% | Building Size | 17,312 SF |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | ||
| Zoning | R3 | ||
| Price | $9,250,000 |
| Price Per Unit | $578,125 |
| Sale Type | Investment |
| Cap Rate | 5.41% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 2.89 AC |
| Building Size | 17,312 SF |
| No. Stories | 2 |
| Year Built | 2024 |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Vaulted Ceiling
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Freezer
- Island Kitchen
- Patio
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Pool
- Walking/Biking Trails
- Sundeck
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 2+2 | 8 | - | - |
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Pinnacle Vista Apartments | 6301 E Pinnacle Vista Dr
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