$3,400,000
Flagstaff, AZ 86004
MLS# 202345
10200 sqft
1 / 22
Property Description
Investment Opportunity in the Heart of Flagstaff! This Sunnyside compound features 10 rental units with a strong rental history and a NOI of approx. 152K annually with some units currently renting under market. Units include: one 5BD/3BA home with garage, four 2BD/1BA homes, two 3BD/1BA homes, two 1BD/1BA homes, and a studio. Each unit is unique, tenant longevity is strong, and pride of ownership shows throughout. Ample parking and tons of charm with a treed communal courtyard in the center of the property. Excellent cash flow make this a rare Flagstaff investment! Truly a one of a kind property!
Details
Contract Information
Owner/Agent: No
List Price/SqFt: 333.33
Transaction Type: Sale
Status: Active
Listing Agreement Date: 2025-10-02
Current Price: $3,400,000
List Price: $3,400,000
Property Sub-Type: Other
Location, Tax & Legal
Region: 40 - North East City
APN: 10704043a
Cross Street: Maple St.
Legal Description: Lengthy-to be determined in escrow
Zoned: CC
Taxes: 7023.3
Tax Year: 2025
County: Coconino
Area: 400 - Sunnyside
Street #: 1715
Direction: N
Street Name: First
Suffix: Street
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86004
Geo Lat: 35.20427
Geo Lon: -111.617169
General Property Description
Year Built: 1976
Year Built Source: County
# of Units: 10
Key Words
Sale/Rent: For Sale
Net Op Inc: $150,000 - 199,999
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: E. Route 66-N. First St.
Inc/Exp (Annual)
Vacancy Rate %: 0
= Gross Op Income $: 193200
= Net Op Income(NOI): 152585
Seller Prop Disc St: 1
Cap Rate %: 4.47
Exis Fee/Docs
Free & Clear: 1
To Show
Appt Only/CLO: 1
No Sign on Prop: 1
Other: Call Listing Agent
Leases
Month to Month: 1
1 Year +: 1
Util incld in Rent
Electicity: 1
Natural Gas: 1
Sewer: 1
Trash Collection: 1
Water: 1
Potential Terms
Cash: 1
Conventional: 1
Submit: 1
Interior Amenities
Carpet/Tile: 1
Range/Ovens: 1
Refrigerators: 1
Wood Floors: 1
Docs on File
Aerial Photo: 1
Current P & L: 1
Leases: 1
Legal Descrip.: 1
Owner Op Stmnt: 1
Security Dpsts: 1
Exterior Amenities
Garages: 1
Porch/Patio: 1
Flood Zone
D-Undetermined: 1
Lot Street Imprvmnts
Paved Parking: 1
Paved Street: 1
Street Parking: 1
Utilities
City Water: 1
Electric: 1
Natural Gas: 1
Sewer: 1
Heating
Central: 1
Natural Gas: 1
Wall Furnace: 1
Management
Owner/Family: 1
Construction
Frame - Wood: 1
Roof
Asphalt Shingle: 1
Currently Not Used
Approx SqFt: 10200
Property Features
To Show: Appt Only/CLO; No Sign on Prop
Leases: Month to Month; 1 Year +
Util incld in Rent: Electicity; Natural Gas; Sewer; Trash Collection; Water
Potential Terms: Cash; Conventional; Submit
Interior Amenities: Carpet/Tile; Range/Ovens; Refrigerators; Wood Floors
Exterior Amenities: Garages; Porch/Patio
Docs on File: Aerial Photo; Current P & L; Leases; Legal Descrip.; Owner Op Stmnt; Security Dpsts
Lot Street Imprvmnts: Paved Parking; Paved Street; Street Parking
Utilities: City Water; Electric; Natural Gas; Sewer
Heating: Central; Natural Gas; Wall Furnace
Construction: Frame - Wood
Roof: Asphalt Shingle
Flood Zone: D-Undetermined
Management: Owner/Family
IDX
Listing Office: Realty One Group, Mountain Desert
Last Updated: October - 23 - 2025
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