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3151 S Fortuna Avenue, Yuma, AZ

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3151 S Fortuna Avenue

Yuma, AZ 85365-3475

Property Type:Multi-Family Number of Units:33 Status:Existing Year Built:1965
Stories:1 Building Size:26,400 SF Land Area:2.58 AC (112,385 SF)
For Sale Price:$1,600,000 Price/Unit:$48,484.85 Cap Rate:6.97 % GRM:-


No pets allowed.

Sale Notes:
Village Apartments, located at 3151 South Fortuna Avenue, is the greatest opportunity to buy in Yuma, Arizona. Located between two very new automotive dealerships and Yuma Golf and Country Cub, Yuma's only private Country Club Including an 18 hole golf course. Cash flows well with potential for property appreciation and rent increases.

Village Apartments is located behind two new car dealerships and next to Yuma's only private country club. Upside Location. Perfect for owner operator. Currently professionally managed by Yuma's Oldest Management Company and surrounded by properties with historic occupancy close to 100 percent.
33 two-bedroom units with covered parking, storage, laundry and a pool. Tenants love its central location, lush landscaping, sparkling pool, covered parking, and attention to maintenance. 1965 concrete block construction and mature landscape.As Close as one thousand feet from Yuma's largest employer, The Marine Corp Air Station.

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

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