1221 E 3rd Street, Winslow, AZ 86047 (MLS# 200996)


$1,590,000
1221 E 3rd Street
Winslow, AZ 86047
MLS# 200996
10408 sqft


25 unit multiple family
  1 / 32  
25 unit multiple family DSC09643-HDR DSC09649-HDR DSC09655-HDR DSC09640-HDR DSC09661-HDR DSC09667-HDR DSC09673-HDR DSC09679-HDR DSC09696-HDR DSC09703-HDR DSC09707-HDR DSC09713-HDR DSC09718-HDR DSC09723-HDR Studio Apartment Studio Apartment Studio Apartment Studio Apartment Bathroom College View South facing parking lot Laundry Facility Living room of a 1 bedroom apartment Living room of a 1 bedroom apartment Living room of a 1 bedroom apartment kitchen/living room of a 1 bedroom apartment Kitchen of 1 bedroom apartment Bedroom of 1 bedroom apartment Bedroom of 1 bedroom apartment Bathroom of 1 bedroom apartment Bedroom of 1 bedroom apartment DSC09848-HDR DSC09852

Property Description
Presenting the College View Apartments, a stabilized and upgraded multifamily investment located in the heart of Winslow, Arizona. This offering includes two contiguous apartment complexes totaling 25 units across two parcels, fully leased and a clear opportunity for long-term rent growth. With thoughtful capital improvements already completed, College View offers a rare chance to acquire a cash-flowing asset with the potential to reposition rents to market and add operational value. Financials available upon request.

Details
Contract Info
List Price/SqFt: 152.76
Owner/Agent: No
Property Sub-Type: Other/Misc
Status: Active
Listing Agreement Date: 2025-06-01
List Price: $1,590,000
Current Price: $1,590,000
General Property Description
Short Term Rental Allowed (Y/N): No
Year Built: 1962
Acres: 0.53
Approx SqFt: 10408
Location, Tax & Legal
Region: 1 - Other Area
APN: 10334003b
Cross Street: Alder
Zoned: C66
Taxes: 2695
Tax Year: 2023
County: Navajo
Area: 20 - Winslow
Street #: 1221
Direction: E
Street Name: 3rd
Suffix: Street
City/Town Code: Winslow
State/Province: AZ
Zip Code: 86047
Geo Lat: 35.019431
Geo Lon: -110.685628
Location
Corner Lot: 1
Freestanding: 1
Key Words
Sale/Rent: Sale
Net Op Inc: $60,000 - 79,999
Cap Rate: 1 - 7.9%
Down Payment: Submit
Imprv Sz (Gross SF): 5,000 - 11,999
#Tenants/Units: 20 - 49
Land Size: .5 - .9 AC
Trade/Exchange: Not Applicable
Remarks & Misc
Directions: From 1-40 and Park Drive, South on Park Drive to N Berry Ave, left on 2nd Street to Alder. There are 2 buildings, 1220 E 2nd Street, and 1221 E 3rd Street.
Inc/Exp (Annual)
Grs Op Inc $: 210361
- Op Exp $: 139852
= Net Op Inc $: 70509
Seller Prop Disc St: 1
Exis Fee/Docs
Free & Clear: 1
To Show
Drive By/Don't Enter: 1
Possession
COE +: 1
Terms of Sale
Submit: 1
Leases
Mo. to Mo.: 1
Interior Amenities
Laundry: 1
Docs on File
Current P & L: 1
Leases: 1
Flood Zone
Other: Zone x
Utilities
City Water: 1
Electric: 1
Natural Gas: 1
Sewer: 1
Telephone: 1
TV Cable: 1
Occupancy
Totally Leased: 1
Heating
Electric: 1
Natural Gas: 1
Cooling
Individual A/C Units: 1
Management
Manager: 1
Construction
Two Story: 1
Roof
Flat: 1
Freeway Turn Time
5-9 Min: 1
Property Features
To Show: Drive By/Don't Enter
Terms of Sale: Submit
Leases: Mo. to Mo.
Docs on File: Current P & L; Leases
Interior Amenities: Laundry
Occupancy: Totally Leased
Management: Manager
Construction: Two Story
Roof: Flat
Heating: Electric; Natural Gas
Cooling: Individual A/C Units
Utilities: City Water; Electric; Natural Gas; Sewer; Telephone; TV Cable
Location: Corner Lot; Freestanding
Freeway Turn Time: 5-9 Min
Possession: COE +

IDX
Listing Office: Linton Real Estate

Last Updated: October - 08 - 2025

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