Listed by da Vinci Realty
$3,695,000
Arrowhead Lodge
Details
APN 10706002E
Property Type Multifamily, Office
Sub Type Apartment Building, Low-Rise/Garden
Square Footage 12,864
Units 19
Cap Rate 5.50%
Pro-Forma Cap Rate 5.50%
Pro-Forma NOI $218,175
Price per SqFt $307
Class B
Year Built 1965
Year Renovated 2015
Buildings 4
Stories 2
Acreage 0.890
Zoning HC (Highway Commercial)
Parking Spaces 30 spaces
Parking Per SqFt 2.33
Multifamily | 5.50% CAP | 19 Units
Marketing description
Prime opportunity for multifamily investors to acquire a fully remodeled 19-unit property on 0.89 acres at a high-traffic, signalized intersection in Flagstaff. This income-producing asset features four updated buildings, offering stable rental income in a supply-constrained market. Zoned for mixed-use, the property also presents flexibility for hospitality, office, or retail uses—ideal for diversifying income streams or expanding tenant offerings. Benefit from Flagstaff’s strong rental demand, limited inventory, and year round economic drivers. Whether you hold as a pure multifamily play or explore additional uses, this is a standout investment with long-term upside.
The property features four beautifully remodeled buildings, anchored by 19 high-demand multifamily units, with additional opportunities for Hospitality, Office, and Retail income. This diversification enhances revenue streams and provides long-term stability, making it a strategic addition to any multifamily investor’s portfolio. With Flagstaff’s tight housing market, limited new development, and strong rental demand driven by universities, medical centers, and year-round tourism, this asset offers immediate cash flow and future rent growth potential. The flexible zoning also allows investors to explore hospitality or commercial uses, maximizing returns and adapting to market demands. Seize the opportunity to own a dynamic, income-producing multifamily property in one of Northern Arizona’s most sought-after locations, positioned for long-term success and value appreciation
Investment highlights
- 12,864 SF building
- 19 units
- Built in 1965, renovated in 2015
- Zoned HC (Highway Commercial)
- Located in Flagstaff, AZ
- Convenient access to Route 66
- Prime location for multifamily investment
- Attractive investment opportunity
- Points of Interest; Northern Arizona University, Pulliam Airport, Grand Canyon, Arizona Snowbowl, Sedona
Listing Contacts
Listed by da Vinci Realty
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
HC CommercialSpecial CommercialHighway Commercial
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 99 uses
View all 99 uses Last updated May 12, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
