315 N. BONITO ST. & 601 W. DALE AVE Multi-Family FOR SALE


Flagstaff, AZ
$4,250,000 USD
928-440-5450
, Flagstaff, AZ for Sale
$4,250,000 USD
Multi-Family - FOR SALE
1/8
null | 6.02% Cap Rate

315 N. BONITO ST. & 601 W. DALE AVE
Flagstaff, AZ


HIGHLIGHTS

  • Portfolio located in a high-demand Flagstaff core neighborhood with consistent renter stability.
  • Bedroom-heavy layouts aligned with Northern Arizona’s tenant preferences and demand profile.
  • Attractive rent growth potential supported by pro forma increases across nearly all units.
  • Strategic long-term hold location surrounded by education, medical, tourism, and recreation drivers.
  • Limited competing multifamily development in surrounding area reinforces future pricing and occupancy strength.
  • Durable masonry construction with well-maintained floor plan functionality suited for modest value-add upgrades.

OVERVIEW

This rare 12-unit portfolio consists of three well-located 4-plex buildings in Flagstaff’s walkable, supply-constrained core, offering stable income with clear upside through rent growth and value-add improvements. Ideal for long-term investors seeking durable demand in a resilient infill market with limited competitive supply. Opportunities to acquire true infill multifamily in Flagstaff’s Townsite core are limited. This portfolio consists of three 4-plex apartment buildings totaling 12 units, located in one of the city’s most walkable and renter-supported neighborhoods. Situated just minutes from downtown and surrounded by established residential areas, parks, schools, and daily conveniences, the asset is well positioned for a long-term hold investor seeking durable demand with a defined path to improved returns through rent growth and light value-add execution.

ASK ABOUT THIS PROPERTY

Trevor CallKelly and Call CommercialMore Info
928-440-5450

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Trevor CallKelly and Call CommercialMore Info
928-440-5450

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