Bullhead City
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Bullhead City
2 Multifamily Properties Offered at $24,409,515 CAD in Bullhead City, AZ
INVESTMENT HIGHLIGHTS
- Highly Desirable Unit Mix with Varied Floorplans
- Prime Recreation Hub off the Colorado River
- Easy Access to Greater Mohave County Jobs
- Well-Appointed with Numerous Amenities
- Strong Rental Market Growth with No New Construction
EXECUTIVE SUMMARY
The properties are positioned just two miles from each other, running parallel to the Arizona – Nevada border, along the Colorado River. Both properties offer prospective tenants a selection of highly desirable floorplans, those being studio, one-, and two-bedroom units at Sunrise Apartments or studio units at Sunset Apartments. Both properties boast a variety of appealing tenant amenities, such as air conditioning, fully equipped kitchens, and even private balconies. Additionally, residents at Sunrise Apartments will have access to the Colorado River and Lake Mohave, the property even hosts dedicated parking for boats and RVs. Both Sunrise and Sunset apartments are conveniently located off Highway 95 allowing residents easy access to Highway 163, a direct route into Laughlin and the plentiful jobs found there. The properties are offered together as a portfolio.
PROPERTY FACTS
| Price | $24,409,515 CAD | Number of Properties | 2 |
| Price / SF | $174.35 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6% | Total Building Size | 140,000 SF |
| Sale Type | Investment | Total Land Area | 2.51 AC |
| Status | Active |
| Price | $24,409,515 CAD |
| Price / SF | $174.35 CAD / SF |
| Cap Rate | 6% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 140,000 SF |
| Total Land Area | 2.51 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Sunrise Apartments
320 Lee Ave, Bullhead City, AZ 86429 |
Multifamily | 80,000 SF | 1984 | - |
|
Sunset Apartments
2220 Rancho Colorado Blvd, Bullhead City, AZ 86442 |
Multifamily | 60,000 SF | 1992 | - |
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