One Duplex and Four Storage Units Finished and ready to rent. Completely permitted and zoned for multi-family 7 units with 4 garages. This project is one of the only available to build during the City Building Moratorium currently in place until 2027. What an amazing opportunity to rent and finish this multi-family rental project in the heart of Williams. Currently included in the purchase price~ Finished Duplex & Storage Units, land, permits @ City for future units, construction documents and designs. One duplex & 4 storage garages finished now. The price of the project will adjust as the building progresses. Please contact listing agent for additional information and documents. Visit the site today! Listing Broker is related to the seller.
Courtesy: My Home Group Real Estate
602-399-2748
Triplex. 2 upper units rented currently. Great investment property. Live in one unit rent the other 2. Upper units updated in the last few years, bottom unit needs updating as well as some stabilization work. Newer roof. Owners will provide current inspection reports. Property is priced based on the work needing to be done.
Courtesy: My Home Group
Triplex. 2 upper units rented currently. Great investment property. Live in one unit rent the other 2. Upper units updated in the last few years, bottom unit needs updating as well as some stabilization work. Newer roof. Owners will provide current inspection reports. Property is priced based on the work needing to be done.
Welcome to a rare opportunity to own a duplex right on Route 66! This historic property zoned residential/commercial has been fully remodeled and upgraded. The front studio is airy and light with all new flooring, new kitchen, redesigned and upgraded bathroom for optimal use. Mini split has been installed providing heat and AC for the fluctuating weather this mountain town brings. This unit would make an amazing short term rental for small groups and solo travelers or turn it into business space as the front door is right on 66! The rear portion features two bedrooms and two baths. Fully redone with all new flooring, both bathrooms fully renovated, new plumbing, new fixtures, new doors and fully painted. Step outside and you find yourself in your own courtyard fully fenced with all new concrete! The backyard makes you feel like you're in your own oasis and not right downtown. The current use has been a successful short term rental. Comes fully furnished and ready to go for your next business endeavors! Roof was replaced last year and the exterior was just repainted. This property is truly turn key and ready for all your business ideas! Located right downtown historic Williams. Surrounded by bars, restaurants and shopping. The Grand Canyon Railway is just blocks away. Williams is the "Gateway to the Grand Canyon" with over 8 million visitors a year, this property is in the heart of all the action!
Offered with assumable financing, the Old School Apartments is a prime investment opportunity in the heart of Williams, AZ. This 27-unit property is located within walking distance (about three blocks) to the heart of downtown Williams and the Grand Canyon Railroad, offering a fantastic option for workers in the bustling tourist town. It also offers a short-term rental opportunity to families visiting the Grand Canyon Railroad, which is an all-year attraction with The Polar Express experience in the winter and visitors to the Grand Canyon National Park all year long. The property consists of 27 fully remodeled units. There is a great unit mix of (5) studios, (2) one-bedroom / one-bathroom units, and (20) two-bedroom / one-bathroom units. SEE MORE Offered with assumable financing, the Old School Apartments is a prime investment opportunity in the heart of Williams, AZ. This 27-unit property is located within walking distance (about three blocks) to the heart of downtown Williams and the Grand Canyon Railroad, offering a fantastic option for workers in the bustling tourist town. It also offers a short-term rental opportunity to families visiting the Grand Canyon Railroad, which is an all-year attraction with The Polar Express experience in the winter and visitors to the Grand Canyon National Park all year long. The property consists of 27 fully remodeled units. There is a great unit mix of (5) studios, (2) one-bedroom / one-bathroom units, and (20) two-bedroom / one-bathroom units. SEE MORE Offered with assumable financing, the Old School Apartments is a prime investment opportunity in the heart of Williams, AZ. This 27-unit property is located within walking distance (about three blocks) to the heart of downtown Williams and the Grand Canyon Railroad, offering a fantastic option for workers in the bustling tourist town. It also offers a short-term rental opportunity to families visiting the Grand Canyon Railroad, which is an all-year attraction with The Polar Express experience in the winter and visitors to the Grand Canyon National Park all year long. The property consists of 27 fully remodeled units. There is a great unit mix of (5) studios, (2) one-bedroom / one-bathroom units, and (20) two-bedroom / one-bathroom units. All the units except one are individually metered for electricity, water, and gas which keeps the overall expenses extremely low. Originally built as a school, the property was constructed in 1936. Built primarily of block and concrete, the building is extremely solid and fire-resistant. The current owner replaced all the major systems including electrical, plumbing, heating, fire sprinklers, etc. All 27 units are very nicely updated and partially furnished (dressers, beds, etc.). There is also approximately 9,000 square feet of space that has not been refurbished including a large gym space, old locker room area, common area rooms, old kitchen area, etc. These areas could be used for beautiful amenity spaces, common area amenities for hospitality (if the property was converted to short-term rentals), or commercial space. The city has indicated they would like to see some commercial space added to these vacant areas. Basic plans have been done to show the addition of 4 loft units in the old gym space as well as adding 4 units to the courtyard area that currently hasn't been cleaned up in some time. Value-add opportunities exist through adding these units, adding commercial tenants, giving the exterior and landscaping a facelift, raising rents, or converting to a short-term rental model. The Old School Apartments offers an investor a nice sized project in the heart of a popular area where multifamily residential investment opportunities are rare and where inventory is relatively non-existent. With affordability and inventory at an all-time low in Flagstaff (34 miles east), this property would attract residents / workers from Flagstaff looking for a more attainable housing option. As a result of all these factors, this property has very little vacancy and leases up immediately when there is an open unit. Williams, AZ is located in the heart of the Kaibab National Forest at an elevation of 6,770 feet. Founded in 1881, Williams was named for the famous trapper, scout and mountain man, "Old Bill Williams." A statue of "Old Bill" stands in Monument Park, located on the west side of the city. The large mountain directly south of town is named Bill Williams Mountain and the Town was incorporated July 9, 1901. Also known as the "Gateway to the Grand Canyon®," Williams was the last town on Historic Route 66 to be bypassed by Interstate 40. The community, bypassed on Oct. 13, 1984, continues to thrive on tourism. Boasting seven area fishing lakes, hiking trails up Bill Williams Mountain and into Sycamore Canyon, an alpine ski area and cross-country ski trails, four seasons weather, and an abundance of wildlife, Williams offers unlimited recreational opportunities for the outdoor enthusiast. A small town nestled in the pine country of Arizona, Williams offers countless things to see and do. The train enthusiast can ride the Grand Canyon Railway through Arizona's high country. Route 66 history buffs can explore more than six blocks of historic buildings and shops bursting with memorabilia. Arizona tourists can discover yet another reason to love the state. World travelers will find a charming resting place at the Gateway to the Grand Canyon®. Outdoor adventurers will have trouble deciding between the numerous outdoor activities, from fishing and hiking to camping and horseback riding. And wildlife devotees will discover a whole new world as they traverse the roads and trails through Bearizona Wildlife Park. Travelers of all walks of life will find welcoming accommodations in the historic motor lodges that line Route 66 as well as the recently refurbished Grand Canyon Railway Hotel. Restaurants offer myriad choices from the home-cooked to the deep-fried and showcase delicious Mexica
Williams is located in Arizona. Williams, Arizona has a population of 3,235. Williams is less family-centric than the surrounding county with 23.01% of the households containing married families with children. The county average for households married with children is 28.76%.
The median household income in Williams, Arizona is $52,206. The median household income for the surrounding county is $61,888 compared to the national median of $69,021. The median age of people living in Williams is 38.7 years.
The average high temperature in July is 84.6 degrees, with an average low temperature in January of 21.9 degrees. The average rainfall is approximately 22.2 inches per year, with 74.3 inches of snow per year.
