$1,395,000
Winslow, AZ 86047
MLS# 200996
10408 sqft
1 / 32
Property Description
College View Apartments is a 25-unit multifamily investment spanning two contiguous buildings across two parcels in the heart of Winslow, Arizona. The property is fully occupied, with documented rent growth: Gross Scheduled Income rose from 194,100 to 243,900 during 2025, and current market rent analysis shows room to grow further toward 280,500 annually. Recent capital improvements include new gas water heaters, updated electrical panels and conduit, and unit-level upgrades completed at turnover -- laminate flooring, new appliances, and cabinetry. Full financials, including 2025 operating statements and normalized adjustments, available upon request.
Details
Maps
Contract Info
List Price/SqFt: 134.03
For Lease YN: No
Owner/Agent: No
Property Sub-Type: Other/Misc
Status: Active
Public Marketing Date: 2025-06-01
List Price: $1,395,000
Current Price: $1,395,000
General Property Description
Short Term Rental Allowed (Y/N): No
Year Built: 1962
Acres: 0.53
Approx SqFt: 10408
Location, Tax & Legal
Region: 1 - Other Area
APN: 10334003b
Cross Street: Alder
Zoned: C66
Taxes: 2695
Tax Year: 2023
County: Navajo
Area: 20 - Winslow
Street #: 1221
Direction: E
Street Name: 3rd
Suffix: Street
City/Town Code: Winslow
State/Province: AZ
Zip Code: 86047
Geo Lat: 35.019431
Geo Lon: -110.685628
Location
Corner Lot: 1
Freestanding: 1
Key Words
Sale/Rent Description: Sale
Net Op Inc: $60,000 - 79,999
Cap Rate: 1 - 7.9%
Down Payment: Submit
Imprv Sz (Gross SF): 5,000 - 11,999
#Tenants/Units: 20 - 49
Land Size: .5 - .9 AC
Trade/Exchange: Not Applicable
Remarks & Misc
Directions: From 1-40 and Park Drive, South on Park Drive to N Berry Ave, left on 2nd Street to Alder. There are 2 buildings, 1220 E 2nd Street, and 1221 E 3rd Street.
Inc/Exp (Annual)
Grs Op Inc $: 197087
= Net Op Inc $: 25976
Seller Prop Disc St: 1
Exis Fee/Docs
Free & Clear: 1
To Show
Drive By/Don't Enter: 1
Possession
COE +: 1
Terms of Sale
Submit: 1
Leases
Month To Month: 1
Interior Amenities
Laundry: 1
Docs on File
Current P & L: 1
Leases: 1
Flood Zone
Other: Zone x
Utilities
Cable Available: 1
City Water: 1
Electricity Available: 1
Natural Gas: 1
Phone Available: 1
Sewer: 1
Occupancy
Totally Leased: 1
Heating
Electric: 1
Natural Gas: 1
Cooling
Multi Units: 1
Management
Manager: 1
Construction
Two Story: 1
Roof
Flat: 1
Freeway Turn Time
5-9 Min: 1
Property Features
To Show: Drive By/Don't Enter
Terms of Sale: Submit
Leases: Month To Month
Docs on File: Current P & L; Leases
Interior Amenities: Laundry
Occupancy: Totally Leased
Management: Manager
Construction: Two Story
Roof: Flat
Heating: Electric; Natural Gas
Cooling: Multi Units
Utilities: Cable Available; City Water; Electricity Available; Natural Gas; Phone Available; Sewer
Location: Corner Lot; Freestanding
Freeway Turn Time: 5-9 Min
Possession: COE +
IDX
Listing Office: Linton Real Estate
Last Updated: July - 14 - 2026
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