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Arrowhead Lodge Apartments 2010 E Route 66 19 Unit Apartment Building $3,950,000 ($207,895/Unit) 5.50% Cap Rate Flagstaff, AZ 86004
INVESTMENT HIGHLIGHTS
- Built in 1965, renovated in 2015
- Prime location for multifamily investment
- Convenient access to Route 66
EXECUTIVE SUMMARY
Prime opportunity for multifamily investors to acquire a fully remodeled 19-unit property on 0.89 acres at a high-traffic, signalized intersection in Flagstaff. This income-producing asset features four updated buildings, offering stable rental income in a supply-constrained market.
PROPERTY FACTS
| Price | $3,950,000 | Apartment Style | Low-Rise |
| Price Per Unit | $207,895 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.90 AC |
| Cap Rate | 5.50% | Building Size | 15,000 SF |
| No. Units | 19 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment | ||
| Zoning | HC - Highway Commercial | ||
| Price | $3,950,000 |
| Price Per Unit | $207,895 |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.90 AC |
| Building Size | 15,000 SF |
| No. Stories | 1 |
| Year Built | 2022 |
| Zoning | HC - Highway Commercial |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 19 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 107-06-002E | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $157,317 |
PROPERTY TAXES
Parcel Number
107-06-002E
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$157,317
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Arrowhead Lodge Apartments | 2010 E Route 66
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