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315 N. BONITO ST. & 601 W. DALE AVE 2 Multifamily Properties Offered at $4,250,000 in Flagstaff, AZ
Investment Highlights
- Portfolio located in a high-demand Flagstaff core neighborhood with consistent renter stability.
- Attractive rent growth potential supported by pro forma increases across nearly all units.
- Limited competing multifamily development in surrounding area reinforces future pricing and occupancy strength.
- Bedroom-heavy layouts aligned with Northern Arizona’s tenant preferences and demand profile.
- Strategic long-term hold location surrounded by education, medical, tourism, and recreation drivers.
- Durable masonry construction with well-maintained floor plan functionality suited for modest value-add upgrades.
Executive Summary
This rare 12-unit portfolio consists of three well-located 4-plex buildings in Flagstaff’s walkable, supply-constrained core, offering stable income with clear upside through rent growth and value-add improvements. Ideal for long-term investors seeking durable demand in a resilient infill market with limited competitive supply.
Opportunities to acquire true infill multifamily in Flagstaff’s Townsite core are limited. This portfolio consists of three 4-plex apartment buildings totaling 12 units, located in one of the city’s most walkable and renter-supported neighborhoods. Situated just minutes from downtown and surrounded by established residential areas, parks, schools, and daily conveniences, the asset is well positioned for a long-term hold investor seeking durable demand with a defined path to improved returns through rent growth and light value-add execution.
Opportunities to acquire true infill multifamily in Flagstaff’s Townsite core are limited. This portfolio consists of three 4-plex apartment buildings totaling 12 units, located in one of the city’s most walkable and renter-supported neighborhoods. Situated just minutes from downtown and surrounded by established residential areas, parks, schools, and daily conveniences, the asset is well positioned for a long-term hold investor seeking durable demand with a defined path to improved returns through rent growth and light value-add execution.
Property Facts
| Price | $4,250,000 | Number of Properties | 2 |
| Price / SF | $241.29 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 17,614 SF |
| Status | Active | Total Land Area | 0.48 AC |
| Price | $4,250,000 |
| Price / SF | $241.29 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 17,614 SF |
| Total Land Area | 0.48 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 315 N Bonito St, Flagstaff, AZ 86001 | Multifamily | 9,152 SF | 1973 | - |
| 601 W Dale Ave, Flagstaff, AZ 86001 | Multifamily | 8,462 SF | 1973 | - |
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315 N. BONITO ST. & 601 W. DALE AVE
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