2100 E Route 66, Flagstaff, AZ 86004 (MLS# 204264)

$2,900,000

2100 E Route 66
Flagstaff, AZ 86004
MLS# 204264
6659 sqft

1 / 75

Property Description
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

Details

Maps

Contract Information

Status: Active

Listing Agreement Date: 2026-04-28

Current Price: $2,900,000

List Price: $2,900,000

List Price/SqFt: 435.5

Owner/Agent: No

Property Sub-Type: Multi Family

Transaction Type: Sale

Short Term Rental Allowed (Y/N): Yes

Location Tax Legal

County: Coconino

Area: 400 - Sunnyside

Street #: 2100

Direction: E

Street Name: Route 66

City/Town Code: Flagstaff

State/Province: AZ

Zip Code: 86004

Geo Lat: 35.201957

Geo Lon: -111.617516

Key Words

Sale/Rent Description: For Sale

Net Op Inc: CLO

Vacancy %: 0%

Cap Rate: CLO

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

Land Size: .5 - .9 AC

# Units: 9 - 64

Down Payment: Submit

General Property Description

# of Units: 23

Year Built: 1949

Year Built Source: County

Currently Not Used

Approx SqFt: 6659

Potential Terms

Other: CLA

Property Features

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

Leases: Weekly

Owner Pays: All Utilities; Common Area Maintenance; Grounds Care; Insurance; Internet; Pest Control; Roof Maintenance; Sewer; Snow Removal; Taxes; Trash Collection; Exterior Maintenance; Repairs

Tenant Pays: None

Pets: Cats OK; Dogs OK

Potential Terms: Cash; Conventional; Submit

Interior Amenities: Cement Slab; Laundry Area; Refrigerators

Exterior Amenities: Fenced; Laundry Room; Park/Playground; Rec Center; Sorage Units

Docs on File: Aerial Photo; Legal Descrip.

Lot Street Imprvmnts: Paved Parking; Paved Street; Sidewalks

Utilities: City Water; Natural Gas; Primary Meter; Private Trash Co.; Sewer

Heating: Natural Gas; Wall Furnace

Cooling: None

Construction: Frame - Wood

Roof: Asphalt Shingle

Flood Zone: A-100Yr

Management: On-Site Manager; Owner/Family

Supplements

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.

Listing Office: Realty One Group, Mountain Desert

Last Updated: April - 29 - 2026

2100 E Route 66, Flagstaff, AZ 86004 - MLS# 204264