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House Flagstaff (United States)by annonceur international
Prestige house for sale in Flagstaff (United States) - Motel 66 and outdoor parking lot
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HouseFlagstaff (United States)
Price :
$2,900,000
($4,688 / m²)
Surface619 m²

Why this property will seduce you

  • Prime Historic Location: In Flagstaff's heart along historic Route 66.
  • Unique Repositioning Potential: Clean slate for new business plan.
  • Rare Scale Opportunity: Large multi-unit property in a limited market.
If you've been waiting for a real Flagstaff value-add deal... this is it. 22 total units located directly on Historic Route 66 in the heart of Flagstaff. The property consists of 19 studios and 3 larger units and offers a rare chance to acquire scale in one of Arizona's tightest housing markets. About 75 percent of the units are currently functional and occupied, but make no mistake -- this property needs a full modernization. The upside here is in the reposition. The current affordable housing use does not transfer with the sale. Tenants will not convey, and no financials are being provided. This gives a new owner a clean slate to execute their own business plan and reposition the property however they choose. The opportunities are endless: workforce housing, multifamily conve sober living, transitional housing, boutique hospitality, or a hybrid investment model. Large multi-unit properties with this kind of footprint almost never come available in Flagstaff. For the investor looking for a pretty turnkey property, this probably isn't your deal. For the investor looking for upside, forced appreciation, and long-term potential in a supply-constrained market, this one deserves a serious look.
Advertiser reference : 116216396Le Figaro Properties reference : 102305333

In detail

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House Flagstaff (United States)

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Prestige house for sale in Flagstaff (United States) - Motel 66 and outdoor parking lot
Aerial view of large commercial parking lot in this luxury house for sale in Flagstaff ($2,900,000 - 619 m²)
Aerial view commercial area and highway - House purchase in Flagstaff
Luxury house for sale in Flagstaff (United States)
House - photo 5View the 30 photos

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annonceur international
8 Rue Centrale1003 Lausanne (Switzerland) All the listings of this agency

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Do you have a property to sell?

By confirming this form, I agree to the General Usage Terms & Conditions of Figaro Properties.
The data entered into this form is required to allow our partner to respond to your contact request by email/SMS concerning this real estate advertisement and, if necessary, to allow Figaro Classifieds and the companies belonging to its parent Group to provide you with the services to which you have subscribed, e.g. creating and managing your account, sending you similar real estate advertisements by email, proposing services and advice related to your real estate project.

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