434 River Glen Dr - Apartments FOR SALE


Bullhead City, AZ 86429
$3,950,000 USD
516-987-2549
434 River Glen Dr, Bullhead City, AZ for Sale
$3,950,000 USD
Apartments - FOR SALE
1/10
null | 7.47% Cap Rate

434 River Glen Dr
Bullhead City, AZ 86429


HIGHLIGHTS

  • Renovated in 2022
  • Prime Bullhead City location -
  • 95% occupancy rate

OVERVIEW

Introducing a prime investment opportunity in Bullhead City, AZ! The property at 434 River Glen Dr offers a 16,624 SF building featuring 35 units, a profitable asset for the discerning low-rise/garden investor. Renovated in 2022, this meticulously updated property reflects modern style and functionality while maintaining its timeless appeal. Situated in a desirable area, the property boasts an impressive 95% occupancy rate, indicating strong tenant appeal and income potential. With its solid construction, recent renovations, and exceptional occupancy rate, this property presents a compelling investment choice for those looking to expand their multifamily portfolio in the thriving Bullhead City area.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$243 USD /SF

# OF UNITS

35

PRICE/UNIT

$112,857

CAP RATE

7.47%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

-

APN/PARCEL ID

214-03-016

ASK ABOUT THIS PROPERTY

Joseph NapolitanoClearwater Real Estate Investment ServicesMore Info
516-987-2549

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Joseph NapolitanoClearwater Real Estate Investment ServicesMore Info
516-987-2549

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.