301 N Beeline Hwy - Multi-Family FOR SALE


Payson, AZ 85541
$1,300,000 USD
928-951-0525
301 N Beeline Hwy, Payson, AZ for Sale
$1,300,000 USD
Multi-Family - FOR SALE
1/19
null | 5.4% Cap Rate

301 N Beeline Hwy
Payson, AZ 85541


OVERVIEW

Income-producing multi-family investment with highway frontage in Payson. This 10-unit apartment complex consists of five 1-bedroom units and five 2-bedroom units, offering a desirable unit mix that appeals to a broad tenant base. The 2-bedroom apartments feature covered balconies and decks, while the 1-bedroom units include front decks, enhancing tenant satisfaction and retention. The property is supported by two common areas, a coin-operated laundry room, paved on-site parking, and a dedicated storage room, providing multiple amenities that strengthen rental demand. No smoking and no pets policy contributes to lower maintenance costs and long-term asset preservation. High-visibility highway frontage offers strong exposure and easy access. The parcel includes additional vacant land near the highway suitable for storage units, garages, or future building expansion. A solid opportunity for investors seeking consistent cash flow, stable occupancy, and long-term appreciation in the Payson market. CAP rate, financials and list of improvements are available upon request.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$173 USD /SF

# OF UNITS

10

PRICE/UNIT

$130,000

CAP RATE

5.4%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Highline Apartments

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

C-2

APN/PARCEL ID

304-02-014F

ASK ABOUT THIS PROPERTY

Maureen BuchananRealty Executives Arizona TerritoryMore Info
928-951-0525

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Maureen BuchananRealty Executives Arizona TerritoryMore Info
928-951-0525

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