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1221 E 3rd Street Winslow, AZ 86047
10,408 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,408 sqft
Price per Sqft $134
MLS Listing ID 200996
Year Built 1962
Annual Tax Amount $2,695
Tax Year 2023
Lot Size 0.530 Acres
Acres 0.53
Source Northern Arizona Association of REALTORS®
Property Description
College View Apartments is a 25-unit multifamily investment spanning two contiguous buildings across two parcels in the heart of Winslow, Arizona. The property is fully occupied, with documented rent growth: Gross Scheduled Income rose from 194,100 to 243,900 during 2025, and current market rent analysis shows room to grow further toward 280,500 annually. Recent capital improvements include new gas water heaters, updated electrical panels and conduit, and unit-level upgrades completed at turnover -- laminate flooring, new appliances, and cabinetry. Full financials, including 2025 operating statements and normalized adjustments, available upon request.
Location
State AZ
County Navajo
Area 20 - Winslow
Direction From 1-40 and Park Drive, South on Park Drive to N Berry Ave, left on 2nd Street to Alder. There are 2 buildings, 1220 E 2nd Street, and 1221 E 3rd Street.
Interior
Heating Natural Gas, Electric
Cooling Multi Units
Exterior
Utilities Available Phone Available, Electricity Available, Cable Available, Sewer Connected, Natural Gas Available
Others
Tax ID 10334003b
Acceptable Financing Submit
Listing Terms Submit
Listed by Linton Real Estate
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