USAAZBullhead CityBuena Vista1641 Turquoise Rd
Aerial view of property's location with property parcel outlined | Image 1
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$1,400,000

1641 Turquoise Rd, Bullhead City, AZ

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential Income
Size -
Garage No
HOA Fees $9,400
Taxes $4,200
Days Active 0
Approx. Age 1982
MLS® Number 031666

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Two multi-family buildings just one block off Highway 95 in a prime central Bullhead City location. 1629 & 1641 Turquoise Road offer a total of 14 remodeled units with a mix of floor plans and strong rental history, making this a solid income-producing asset from day one. The unit mix includes two 3 bedroom, 2 bath units, two 2 bedroom, 1 bath units, and ten 1 bedroom, 1 bath units. Current rents are $1, 200/$1, 250 for the 3/2 units, $1, 100 for each of the 2/1 units, and $750 to $850 for the 1/1 units, with most at $800. Nine of the fourteen units are currently occupied, with the remaining units undergoing their remodels & ready shortly for new tenants. The owner pays water, sewer, and trash, while tenants cover electric. Each building features ample open, uncovered parking and on-site coin laundry. This central location is close to shopping, dining, schools, and the Colorado River. With a projected 8.5% cap rate, this is a turnkey investment opportunity in a high-demand rental area with room to increase rents over time ideal for portfolio growth or a 1031 exchange.Show Description
MLS® Number031666
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCoin Operated
Exposure
Exterior
GarageNo
Approx. Age1982
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral, Electric, Multiple Heating Units, Wall Furnace
A/CVaries By Unit, Central Air, Electric, Two Units, Wall Window Units
Heating Fuel

Extras

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