Highline Apartments 301 N Beeline Hwy 10 Unit Apartment Building $1,300,000 ($130,000/Unit) 5.40% Cap Rate Payson, AZ 85541

Income-producing multi-family investment with highway frontage in Payson. This 10-unit apartment complex consists of five 1-bedroom units and five 2-bedroom units, offering a desirable unit mix that appeals to a broad tenant base. The 2-bedroom apartments feature covered balconies and decks, while the 1-bedroom units include front decks, enhancing tenant satisfaction and retention. The property is supported by two common areas, a coin-operated laundry room, paved on-site parking, and a dedicated storage room, providing multiple amenities that strengthen rental demand. No smoking and no pets policy contributes to lower maintenance costs and long-term asset preservation. High-visibility highway frontage offers strong exposure and easy access. The parcel includes additional vacant land near the highway suitable for storage units, garages, or future building expansion. A solid opportunity for investors seeking consistent cash flow, stable occupancy, and long-term appreciation in the Payson market. CAP rate, financials and list of improvements are available upon request.