The unidentified victim suffered injuries to his face, head, back and one of his legs, officers said.
According to the victim, he was targeted by the pair because of an earlier confrontation. The victim said the two suspects tracked him down to 1809 North Second St. and began attacking him with the weapon.
According to the initial report by the victim, he was held down by Jaurequi as Sanchez IIII began attacking him with the machete.
The attackers fled the scene in Jaurequi's yellow, four-door 1991 Cadillac.
Sanchez could be driving a blue 1990s four-door Cadillac, investigators said.
Anyone with information about Sanchez's whereabouts or any information into the assault is asked to contact the Flagstaff Police Department.
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