Property profile

5205 Cortland Blvd Flagstaff, AZ 86004

OFF-MARKET
Apartment buildings
Property ID
US07-3268755
3,053 SF 13.9 ac lot Built 1984
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1984
Construction STEEL FRAME
Total area 3,053 SF
Lot 13.9 ac (605,484 SF)
APN 113-37-002C
UPID US07-3268755

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Apartment Complex

Location

5205 Cortland Blvd Flagstaff, AZ 86004-9362
Flagstaff metro Census 602 FLAGSTAFF, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$905k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.14M
Blend (final) Blend
$1.03M

Owner & transaction history

since 2022
6 recorded transactions
2022
Price N/A
2018
$32.0M
2013
$17.1M
2006
$15.3M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $625,000 +2.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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