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225 W Catalina Drive - Catalina Village, Yuma, AZ

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225 W Catalina Drive - Catalina Village

Yuma, AZ 85364-8154

Property Type:Multi-Family Number of Units:152 Status:Existing Year Built:1986
Stories:2 Building Size:126,780 SF Land Area:5.26 AC (228,995 SF)
For Sale Price:$11,500,000 Price/Unit:$75,657.89 Cap Rate:7.48 % GRM:-


Catalina Village consist 152 units with 25 2bd/2bth used as corporate units.

Sale Notes:
Catalina Village Apartments is a resort-like complex strategically located within walking distance of one of Yuma’s premier retail districts. The property’s modern units and spectacular curb appeal present a value-add opportunity for an investor and new acquisition financing is available. The 126,780-square-foot apartment community is composed of 12 two-story buildings located at 225 West Catalina Drive. The complex features 36 one-bedroom/one-bath units, 91 two-bedroom/two-bath apartments and 25 two-bedroom/two-bath corporate suites. The corporate suites come completely furnished with linens, flatware and utensils. Utilities, local phone service and daily maid service are included. The asset has been meticulously maintained and features beautiful xeriscape landscaping. Additional shared amenities include professional onsite management, a swimming pool, two laundry facilities and assigned covered parking spaces. Unit amenities include built-appliances, large closets, individual A/C units and private patios or balconies.

Marcus & Millichap Inc
Michael Hubl
(602) 687-6753

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