ELLEN WAY APARTMENTS WILLIAMS, ARIZONA

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ELLEN WAY APARTMENTS WILLIAMS, ARIZONA Capri Barney cbarney@landadvisors.com 4900 North Scottsdale Road, Suite 3000, Scottsdale, Arizona 85251 ph. 928.445.4457 www.landadvisors.com The information contained herein is from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the responsibility of the person reviewing this information to independently verify it. This package is subject to change, prior sale or complete withdrawal. AZCN02033-7.11.18

ELLEN WAY APARTMENTS PROPERTY NARRATIVE LOCATION NWC of Airport Road and Lake Ellen Way, Williams, Arizona SIZE ±10 Acres (two ±5 acre parcels) PARCEL AND LOT DESCRIPTION Residential Multi and Single Family Offering Parcel Planned Use Zoning Acres Unit/Lot Count MF (South) Ellen Way Apartments* R1-3 5.22 64 MF (North) Ellen Way Apartments* R1-3 5.00 72 TOTAL 10.22 136 *Click here for more information on Ellen Way Apartments Executive Summary PRICE MFR Parcels: $800,000 (both ±5 ac parcels $400,000 ea) PARCELS North Parcel: Portion of 202-11-003H & J South Parcel: 202-11-003N, P, R and a portion 202-11-003S & T ZONING General Plan calls for Multi-Family UTILITIES Electricity: Arizona Public Service Telephone: CenturyLink Water: City of Williams Sewer: City of Williams Natural Gas: UniSource Power, phone, water and natural gas are available along Airport Road. Sewer is currently to the southwest corner of the property. PROPERTY DESCRIPTION Prime development opportunity in Williams, Arizona. The Ellen Way Apartments offering is for approximately 136 units and incudes the development and architectural plans and renderings. The initial project is for the multi-family, 64 unit, 8 building, 2-story each, apartment complex on approximately ±5.22 acres. Entitlements and all engineering are complete and water allocation was granted with the plat approvals. Property has beautiful, tall ponderosa pines and awesome views of the surrounding mountains. Seller is open to a joint venture with a developer or builder. COMMUNITY AND AREA INFORMATION Williams, Arizona, also known as The Gateway to the Grand Canyon, is located in the heart of the Kaibab National at an elevation of 6,770 feet. Williams was founded in 1881 and was the last town on Historic Route 66 to be bypassed by Interstate 40. The charming community continues to thrive on tourism. Its Historic Downtown District along with its rich Old West and Route 66 heritage appeals to residents and visitors with both todays trends and those from the towns heyday years of the 50s and 60s. Williams offers unlimited recreational opportunities for outdoor enthusiast. The area boasts 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. The Grand Canyon, one of the most remarkable natural wonders of the world, is an hour north of Williams and is accessible via car, bus or the historic Grand Canyon Railroad. Closer to home is Bearizona, a drive-thru wildlife park where visitors experience animal wildlife in their natural environment from the comfort and safety of their own vehicle. Williams is not just a town it is an adventure.

ELLEN WAY APARTMENTS PROPERTY PHOTOS

ELLEN WAY APARTMENTS, WILLIAMS, AZ REGIONAL MAP Capri Barney 928.445.4457 www.landadvisors.com State Trust 89 AC64 Coconino National 180 Subject Williams 40 Volunteer Mountain Industrial Park Bellemont Flagstaff Meadows Anasazi Ridge AC66 Legend Projects Active Pending Conceptual Future Non-Residential K 0 2 4 Kaibab National Navajo Army Depot State Trust Flagstaff Ranch Golf Club AC89A Crestview Presidio in the Pines 17 Flagstaff Flagstaff Pulliam Airport Juniper Point Pine Canyon AC487 Mile AZCN02033-10915 07-11-18 While the Land Advisors Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. 2018 The Land Advisors Organization. All rights reserved.

ELLEN WAY APARTMENTS, WILLIAMS, AZ SURROUNDING AREA MAP Capri Barney 928.445.4457 www.landadvisors.com Kaibab National Airport Rd Kaibab National AC64 Subject 40 Cooper Rd Cataract Lake Rd W Route 66 N 7th St E Fulton Ave Williams S 1st St Bill Williams Ave W Grant Ave S 5th St E Edison Ave S 3rd St E Rodeo Rd I 40 Business Loop Mountain Man Trl Legend Projects Pending Future K Frontage Rd 0 0.25 0.5 Mile AZCN02033-10915 07-11-18 W Oak St W Sheridan Ave Canyon Estates S 2nd St Perkinsvill e Rd Kaibab National While the Land Advisors Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. 2018 The Land Advisors Organization. All rights reserved.

ELLEN WAY APARTMENTS, WILLIAMS, AZ PROPERTY DETAIL MAP Capri Barney 928.445.4457 www.landadvisors.com Airport Rd Legend Floodway 100 Year Floodplain K 0 100 200 Ellen Way Feet AZCN02033-10915 07-11-18 While the Land Advisors Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. 2018 The Land Advisors Organization. All rights reserved.

ELLEN WAY APARTMENTS, WILLIAMS, AZ PROJECT SITE PLANS Capri Barney 928.445.4457 www.landadvisors.com Airport Rd K 0 100 200 Ellen Way Feet AZCN02033-10915 07-11-18 While the Land Advisors Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. 2018 The Land Advisors Organization. All rights reserved.

ELLEN WAY APARTMENTS, WILLIAMS, AZ LAND USE MAP Capri Barney 928.445.4457 www.landadvisors.com ADDITIONAL ACREAG E AVAILABLE North MF Parcel 72 units Airport Rd K 0 100 200 Feet AZCN02033-10915 07-11-18 South MF Parcel 64 units Ellen Way While the Land Advisors Organization makes every effort to provide accurate and complete information, there is no warranty, expressed or implied, as to the accuracy, reliability or completeness of furnished data. This information can not be reproduced in part or whole without prior written permission. 2018 The Land Advisors Organization. All rights reserved.

ELLEN WAY APARTMENTS SITE PLAN Current Project included in this document Future Development Project

ELLEN WAY APARTMENTS FLOOR PLANS

ELLEN WAY APARTMENTS FLOOR PLANS Each unit will have customary finishes. A washer and dryer will be included in each unit.