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
The median home value in Williams, AZ is $457,000. This is lower than the county median home value of $572,100. The national median home value is $338,100. The average price of homes sold in Williams, AZ is $457,000. Approximately 52.73% of Williams homes are owned, compared to 27.94% rented, while 19.33% are vacant. Williams real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Williams real estate agent to arrange a tour today!
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.