3 E Cottage Ave - Apartments FOR SALE


Flagstaff, AZ 86001- South Side
$1,500,000 USD
928-440-5450
3 E Cottage Ave, Flagstaff, AZ for Sale
$1,500,000 USD
Apartments - FOR SALE
1/3
null | 5.46% Cap Rate

3 E Cottage Ave
Flagstaff, AZ 86001
South Side


HIGHLIGHTS

  • 10 Total Units – Property includes a diverse unit mix for optimal occupancy
  • Excellent Walkability – Minutes to downtown Flagstaff & NAU
  • Established Rental History – High occupancy and demand
  • Upside Potential – Opportunity to increase rents and/or renovate

OVERVIEW

This fully renovated 10-unit multifamily property represents a rare opportunity to acquire a premium income-producing asset in downtown Flagstaff’s rental market. Strategically positioned within walking distance of NAU and historic Route 66, the property benefits from exceptional location and high tenant demand. With complete 2024 renovations including new interior finishes and exterior updates, this turnkey investment offers immediate cash flow potential and long-term appreciation.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$420 USD /SF

# OF UNITS

10

PRICE/UNIT

$150,000

CAP RATE

5.46%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,832 SF

ZONING

HR

APN/PARCEL ID

103-08-016,103-08-017

ASK ABOUT THIS PROPERTY

Kevin CallKelly and Call CommercialMore Info
928-440-5450

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Kevin CallKelly and Call CommercialMore Info
928-440-5450

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.