301 O'leary St Flagstaff, AZ 86001
- Retail properties
- 4,994 SF
- 0.16 lot acres
Current Use by Public Records
- Retail properties
Property Details for 301 O'leary St
- Lot size
- 0.16 lot acres
- Property size
- 4,994 SF
- Property type
- Retail properties
- Property subtype
- Apartment buildings
Description
This exceptional investment opportunity presents four luxury short-term rental properties in Flagstaff, Arizona, totaling approximately 4,994 to 6,393 square feet across multiple locations. The properties, built between 2021 and 2023, boast high-end finishes, flexible floor plans ideal for corporate retreats, family reunions, or other large groups, and are designed for minimal maintenance with features like metal roofs and commercial drywall. The properties are situated in prime locations, with some within walking distance of Northern Arizona University and downtown Flagstaff, offering easy access to amenities and attractions. The combined properties can accommodate up to 62 guests. The current Net Operating Income (NOI) is $886,083, representing an 8.04% capitalization rate on an asking price of $11,900,000. Individual property sizes vary, with land areas ranging from 8,400 to 12,902 square feet. The properties benefit from Flagstaff's robust tourism market, drawing four million visitors annually, and their proximity to Sedona and the Grand Canyon further enhances their appeal. Zoning is T4N1
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Flagstaff
- County
- Coconino
- State
- Arizona
- Longitude
- -111.647
- Latitude
- 35.1924
