3623 Kachina Trl Trail, Flagstaff, AZ 86001

$998,000
Property Type: Multi-Family Square Footage: 3,264 Status: Closed
Current Price: $998,000 List Date: 5/03/2023 Last Modified: 9/06/2024

Overview

Description

Great investment opportunity! With below market rents in 3 units, investor could realize immediate increase in income. Each of these four 2bed/2ba units offer comfortable living space with refrigerator, washer/dryer, fenced back yard and storage shed. Tenants pay all utilities. Units 6 & 7 are month to month leases, Unit 5 lease expires in August. Unit 8 has a new, year lease, at market rate of $1600. Access to apartments require 48 hour notice. OK to drive by. Please do not disturb tenants. Seller intends to enter into a 1031 Exchange.

Listing Details MLS# 192999

Location, Tax & Legal

County
Coconino
Area
720 - Kachina Village
Street #
3623
Street Name
Kachina Trl
Suffix
Trail
City/Town Code
Flagstaff
State/Province
AZ
Zip Code
86001

Contract Information

Public Marketing Date
2023-05-02
List Price/SqFt
306.37
Property Sub-Type
Multi Family
Transaction Type
Sale

Key Words

Sale/Rent Description
For Sale
Net Op Inc
$50,000 - 99,999
Vacancy %
0%
Cap Rate
CLO
Imprv Sz (Gross SF)
3,000 - 5,999
Land Size
.5 - .9 AC
# Units
4
Down Payment
Submit

General Property Description

# of Units
4
Year Built
1995
Year Built Source
County

Status Change Info

Sold Date
2023-06-13
Sold Price/SqFt
305.75
Financing
Conventional

Currently Not Used

Approx SqFt
3264

More Information

Exchange

Other
1031 Exchange

Flood Zone

Other
''X'' per FEMA

Property Features

To Show: Appt Only/CLO; Drive By/Don't Enter Leases: Month To Month; 1 Year + Util incld in Rent: Electicity; Natural Gas; Sewer; Snow Removal; Water Potential Terms: Cash; Conventional; Submit Interior Amenities: Dishwashers; Disposals; Laundry Area; Range/Ovens; Refrigerators Exterior Amenities: Fenced; Priv Yards; Sorage Units Docs on File: Legal Descrip. Lot Street Imprvmnts: Paved Parking Utilities: Electricity Available; Natural Gas; Private Water Co; Sewer Heating: Central; Natural Gas Construction: Frame - Wood Roof: Asphalt Shingle Management: Owner/Family
IDX
Listing Office: Jackson Associates
Source MLS Verified
Last Updated: September - 06 - 2024
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