101 S Park Street, Flagstaff, AZ 86001 (MLS# 204943)

$1,500,000

101 S Park Street
Flagstaff, AZ 86001
MLS# 204943
7897 sqft

101-south-park-street-flagstaff-az-usa-0

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Property Description
Here we have a 5 unit complex that is looking for its next owner. There are 5 units equaling 21 doors total with four of them having four bedrooms and four baths, Unit 5 has 5 units and 5 baths. The complex has been rented as dorm style living so each tenant shares the common area Living room, kitchen, and coin-op laundry also located in the kitchen. three of the 5 units has been refreshed with new flooring and paint with the other two on the schedule to be addressed in the coming months. The potential is here to make it your own. Call today for more information

Details

Documents

Contract Information

Owner/Agent: No

List Price/SqFt: 189.95

Short Term Rental Allowed (Y/N): Yes

Transaction Type: Sale

Status: Active

Public Marketing Date: 2026-06-16

Current Price: $1,500,000

List Price: $1,500,000

Property Sub-Type: Multi Family

Location, Tax & Legal

Region: 10 - North West City

APN: 10038022

Zip + 4: 5466

Cross Street: Phoenix Ave

Legal Description: SUBDIVISION: FLAGSTAFF TOWNSITE BLOCK: 3-X LOT: 21 SUBDIVISION: FLAGSTAFF TOWNSITE BLOCK: 3X LOT: 22 THRU:- LOT: 24 SIXT

Taxes: 7081

Tax Year: 2025

County: Coconino

Area: 150 - Flagstaff Old Town

Street #: 101

Direction: S

Street Name: Park

Suffix: Street

City/Town Code: Flagstaff

State/Province: AZ

Zip Code: 86001

Geo Lat: 35.197589

Geo Lon: -111.655593

General Property Description

Year Built: 1990

Year Built Source: County

# of Units: 21

Key Words

Sale/Rent Description: For Sale

Net Op Inc: $100,000 - 149,999

Cap Rate: 1 - 7.9%

Vacancy %: 5% - 9.9%

Down Payment: Submit

Imprv Sz (Gross SF): 6,000 - 47,999

Land Size: 12,001 - 21,799 SF

# Units: 9 - 64

Remarks & Misc

Directions: Take Milton then a right on Phoenix Ave, then a left onto Park, unit is on the corner of Park and Phoenix Ave.

Inc/Exp (Annual)

= Gross Op Income $: 166363.55

= Net Op Income(NOI): 115911.35

Cap Rate %: 7.7

Exis Fee/Docs

Free & Clear: 1

To Show

Appt Only/CLO: 1

Call Manager: 1

Drive By/Don't Enter: 1

Pets

Cats OK: 1

Dogs OK: 1

Leases

Month To Month: 1

Owner Pays

All Utilities: 1

Grounds Care: 1

HVAC Maintenance: 1

Management: 1

Pest Control: 1

Snow Removal: 1

Trash Collection: 1

Repairs: 1

Tenant Pays

None: 1

Util incld in Rent

Electicity: 1

Natural Gas: 1

Trash Collection: 1

Water: 1

Potential Terms

Cash: 1

Conventional: 1

Interior Amenities

Carpet/Tile: 1

Cement Slab: 1

Dishwashers: 1

Laundry Area: 1

Range/Ovens: 1

Refrigerators: 1

Smoke/Heat Det.: 1

Docs on File

Aerial Photo: 1

Appraisal: 1

Current P & L: 1

Leases: 1

Security Dpsts: 1

Exterior Amenities

Wooded: 1

Flood Zone

D-Undetermined: 1

Lot Street Imprvmnts

Alley: 1

Paved Street: 1

Sidewalks: 1

Street Parking: 1

Utilities

City Water: 1

Natural Gas: 1

Heating

Natural Gas: 1

Cooling

None: 1

Management

Mgmt. Co.: 1

Construction

Frame - Wood: 1

Roof

Asphalt Shingle: 1

Currently Not Used

Approx SqFt: 7897

Property Features

To Show: Appt Only/CLO; Call Manager; Drive By/Don't Enter

Leases: Month To Month

Owner Pays: All Utilities; Grounds Care; HVAC Maintenance; Management; Pest Control; Snow Removal; Trash Collection; Repairs

Tenant Pays: None

Pets: Cats OK; Dogs OK

Util incld in Rent: Electicity; Natural Gas; Trash Collection; Water

Potential Terms: Cash; Conventional

Interior Amenities: Carpet/Tile; Cement Slab; Dishwashers; Laundry Area; Range/Ovens; Refrigerators; Smoke/Heat Det.

Exterior Amenities: Wooded

Docs on File: Aerial Photo; Appraisal; Current P & L; Leases; Security Dpsts

Lot Street Imprvmnts: Alley; Paved Street; Sidewalks; Street Parking

Utilities: City Water; Natural Gas

Heating: Natural Gas

Cooling: None

Construction: Frame - Wood

Roof: Asphalt Shingle

Flood Zone: D-Undetermined

Management: Mgmt. Co.

IDX

Listing Office: Flagstaff Property Management

Last Updated: June - 17 - 2026