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201 W Sheridan Ave
Williams, AZ 86046

$4,495,000 USD

Apartments For Sale  •  40,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 40,000 SF
  • Lot Size 1.5 AC
  • Building Class B
  • Year Built 1936
  • Cap Rate 6.70 %
0 Transit Score
60 Walk Score

Highlights

Assumable Financing Available (Subject to Lender Approval)
27-Unit Residential Building in the Heart of Williams, AZ - Great Unit Mix With (5) Studios, (2) One-Bedroom / One-Bathroom Units, & (20) Two-Bedroom
All Major Systems Have Been Fully Updated Including Electrical, Plumbing, Heating, Gas, & Fire Sprinklers
All Units Except One Are Individually Metered for Electricity, Water, & Gas - All Units Have Been Fully Remodeled With Beautiful Modern Finishes
Value-Add Opportunities Exist Through Adding Additional Units, Raising Rents, Exterior Updating, or Converting to a Short-Term Rental Model
Approximately 9,000 Square Feet of Vacant, Unrenovated Space Exists, Allowing For Additional Value-Add Opportunities Through Adding Commercial Space /

Property Flyers

Cap Rate: 6.70 %

Amenities

  • Laundry Facilities

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
John Klocek 602-344-9258 ABI Multifamily
John Klocek 602-344-9258 ABI Multifamily