For Sale
$11,900,000

301 O'leary StFlagstaff, AZ 86001

High-return investment, multiple locations

Overview

Added:
Dec 11, 2024
Days on market:
115
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

Highlights

  • 301 S. O’leary Street, Juniper Roost, Flagstaff, AZ
  • Walkable to Northern Arizona University and downtown Flagstaff, plus transit.
  • Stunning San Francisco Peaks views.
  • High-end architectural features and finishes.
  • Locally sourced juniper and custom steel accents throughout.
  • Custom awnings and patio furniture.

Property Details for 301 O'leary St

Property type
Retail properties, Apartment buildings
Square Feet
4,994 SF
Lot Size (sq. ft)
6,926 SF

Location Insight

City
Flagstaff
County
Coconino
State
Arizona
Latitude
35.192375
Longitude
-111.6473924
301 O'leary St, Flagstaff, Arizona

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301 O'leary St
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