Bonito - Dale Apartments Multi-Family FOR SALE


Flagstaff, AZ
$5,300,000 USD
928-699-3445
, Flagstaff, AZ for Sale
$5,300,000 USD
Multi-Family - FOR SALE
1/30
null | 3.77% Cap Rate

Bonito - Dale Apartments
Flagstaff, AZ


HIGHLIGHTS

  • Strong Rental Demand: The mix of unit sizes caters to a broad tenant base, including families, students, and professionals.
  • Value-Add Potential: Opportunities exist to enhance property value through interior upgrades and modern amenities.
  • Stable Income Stream: The properties' prime location ensures consistent occupancy rates.

OVERVIEW

Introducing a premier investment opportunity in the heart of downtown Flagstaff: a bundled portfolio featuring 601 W Dale Ave and 315 N Bonito St. This offering comprises three buildings housing a total of 12 spacious 2- and 3-bedroom units, delivering both immediate rental income and long-term appreciation potential. Property Overview Total Units: 12 (mix of 2- and 3-bedroom units) Total Buildings: 3 Combined Square Footage: Approximately 13,972 sq ft Lot Sizes: 601 W Dale Ave - 6,970 sq ft; 315 N Bonito St - 14,374 acres Year Built: 1966 (601 W Dale Ave), 1973 (315 N Bonito St) Prime Downtown Flagstaff Location.Both properties are situated within walking distance to downtown Flagstaff, Northern Arizona University, and major employers. The neighborhood is known for its historic charm, tree-lined streets, and proximity to parks, schools, and public transportation.

ASK ABOUT THIS PROPERTY

Jacquie KelloggWest USA Realty FlagstaffMore Info
928-699-3445

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Jacquie KelloggWest USA Realty FlagstaffMore Info
928-699-3445

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