$1,590,000
Winslow, AZ 86047
MLS# 201628
5984 sqft
1 / 35
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
Documents
Contract Information
Owner/Agent: No
List Price/SqFt: 265.71
Short Term Rental Allowed (Y/N): No
Transaction Type: Sale
Status: Active
Listing Agreement Date: 2025-07-01
Current Price: $1,590,000
List Price: $1,590,000
Property Sub-Type: Apt Building (9+ Units)
Location, Tax & Legal
Region: 1 - Other Area
APN: 10334003b
Legal Description: TAYLOR ADDN:LOTS 1 & 2, BLOCK 2 OUT OF 103-34-003 FOR '98 ROLL
Zoned: C66
Taxes: 1561
Tax Year: 2024
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
General Property Description
Lot Dimensions: 100' x 230'
Year Built: 1962
Year Built Source: County
# of Units: 25
Key Words
Sale/Rent: For Sale
Net Op Inc: $50,000 - 99,999
Cap Rate: 1 - 7.9%
Vacancy %: 0%
Down Payment: Submit
Imprv Sz (Gross SF): 6,000 - 47,999
Land Size: .5 - .9 AC
# Units: 9 - 64
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)
Scheduled Income $: 207000
Vacancy Rate %: 0
+ Other Income: 3631
= Gross Op Income $: 210631
- Op Expenses $: 137699
= Net Op Income(NOI): 72662
Seller Prop Disc St: 1
Cap Rate %: 4.03
To Show
Appt Only/CLO: 1
Drive By/Don't Enter: 1
Leases
Month to Month: 1
Util incld in Rent
Cable TV: 1
Electicity: 1
Natural Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Potential Terms
Cash: 1
Conventional: 1
Interior Amenities
Cement Slab: 1
Laundry Area: 1
Range/Ovens: 1
Refrigerators: 1
Smoke/Heat Det.: 1
Docs on File
Current P & L: 1
Exterior Amenities
Laundry Room: 1
Utilities
City Water: 1
Electric: 1
Natural Gas: 1
Primary Meter: 1
Sewer: 1
Telephone: 1
TV Cable: 1
Heating
Electric: 1
Natural Gas: 1
Cooling
Individual A/C Units: 1
Management
On-Site Manager: 1
Construction
Frame - Wood: 1
Roof
Asphalt Shingle: 1
Currently Not Used
Approx SqFt: 5984
Property Features
To Show: Appt Only/CLO; Drive By/Don't Enter
Leases: Month to Month
Util incld in Rent: Cable TV; Electicity; Natural Gas; Sewer; Trash Collection; Water
Potential Terms: Cash; Conventional
Interior Amenities: Cement Slab; Laundry Area; Range/Ovens; Refrigerators; Smoke/Heat Det.
Exterior Amenities: Laundry Room
Docs on File: Current P & L
Utilities: City Water; Electric; Natural Gas; Primary Meter; Sewer; Telephone; TV Cable
Heating: Electric; Natural Gas
Cooling: Individual A/C Units
Construction: Frame - Wood
Roof: Asphalt Shingle
Management: On-Site Manager
Parcel Map 
IDX
Listing Office: Linton Real Estate
Last Updated: October - 08 - 2025
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