$450,000
Winslow, AZ 86047
MLS# 199289
Status: Closed
6564 sqft
1 / 30
Property Description
Excellent infill re-development opportunity to reposition this old motel into a 22 unit multifamily property. Winslow 22 is a rare opportunity to invest in a prime infill re-development opportunity in the Winslow market, a small but economically diverse town in Navajo County of Northern Arizona. The former 21 room motel surrounds a 5 bed 3 bathroom residence, and also includes a laundry room and maintenance room. The property sits strategically at the western entrance to Winslow on 'Old Route 66' just over a mile away from historic downtown, providing ample exposure for marketing and ease of access for future tenants or guests. Contact Broker for an offering memorandum that includes more details including demographics, a prospective proforma and infrastructure requirements.
Details
Maps
Documents
Contract Information
Status: Closed
Listing Agreement Date: 2025-01-01
Current Price: $450,000
Sold Price: $450,000
List Price/SqFt: 68.55
Owner/Agent: No
Property Sub-Type: Multi Family
Transaction Type: Sale
Location Tax Legal
County: Coconino
Area: 20 - Winslow
Street #: 1901
Street Name: Old Hwy 66
City/Town Code: Winslow
State/Province: AZ
Zip Code: 86047
Geo Lat: 35.031817
Geo Lon: -110.717181
Key Words
Sale/Rent Description: For Sale
Net Op Inc: $100,000 - 149,999
Vacancy %: 0%
Cap Rate: 13 - 13.9%
Imprv Sz (Gross SF): 6,000 - 47,999
Land Size: .5 - .9 AC
# Units: 9 - 64
Down Payment: $15,000 - 19,999
General Property Description
# of Units: 22
Year Built: 1951
Year Built Source: County
Lot Dimensions: 150.96x180.44x156.69x153.65
Status Change Info
Sold Date: 2025-03-21
Sold Price: $450,000
Sold Price/SqFt: 68.55
Financing: Cash
Currently Not Used
Approx SqFt: 6564
Docs on File
Other: Offering Memorandum
Property Features
To Show: Appt Only/CLO; Drive By/Don't Enter
Potential Terms: Cash; Submit
Interior Amenities: Cement Slab; Laundry Area
Lot Street Imprvmnts: Unpaved Parking
Utilities: Cable Available; City Water; Electricity Available; Natural Gas; Phone Available; Primary Meter; Private Trash Co.; Sewer
Heating: Electric; Heat Pump
Cooling: Central Air; Heat Pump; Multi Units
Construction: Frame - Wood; Masonry
Roof: Asphalt Shingle; Rolled
Flood Zone: None
Offering Memorandum - Winslow 22 
Listing Office: Salt REI LLC
Last Updated: March - 22 - 2025
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