Property Listing No Longer Available for Sale

823 W Clay Avenue, Flagstaff, AZ

Multi-family for Sale - $799,000 - 0.31 acres


Property Info

CIMLS#1087022
Location
  823 W Clay Avenue
  Flagstaff AZ 86001
UpdatedJanuary 12th, 2021
TypeMulti-family
Price$799,000
Land0.31 acres

Property Description

High density residential developer's dream in an ideal location in Old Town Flagstaff. Zoned HC and out of the floodway, this property can conceptually fit up to 9 condos as full residential and conceptually add another 4-5 units with the combination of the adjacent parcel at 813 W. Clay MLS# 183877 also listed. Property (s) priced for the dirt, with numbers penciling very well for similar high density builds that are dotting the landscape. Existing structure conveys in as-is condition, with no assigned value. As this corridor continues to develop and the demand for infill housing rising rapidly, the opportunity is ripe to capture the upward trend.


Financials



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