1770 Arriba Dr - Apartments FOR SALE


Bullhead City, AZ 86442
$5,000,000 USD
602-687-6782
1770 Arriba Dr, Bullhead City, AZ for Sale
$5,000,000 USD
Apartments - FOR SALE
1/6
null | 6.02% Cap Rate

1770 Arriba Dr
Bullhead City, AZ 86442


OVERVIEW

Marcus & Millichap is pleased to announce the opportunity to acquire Desert Sun Apartments, 48 units located in the vibrant, family oriented community of Bullhead City, AZ. Desert Sun offers its tenants an affordable, attractive, quiet and simple place to live. The unit mix consists of large one, two and three bedroom floorplans that include space to add a washer/dryer in each unit inside a utility closet where the individual hot water heaters are located. The property also offers covered parking for each tenant, a dedicated leasing office adjacent to the convenient laundry room and large owner's storage/maintenance shop. Desert Sun Apartments offers a buyer the ability to invest in a very stable, low priced building in an extremely tight rental market. Further enhancing the appeal of the offering is the Seller's willingness to extend long-term financing to a qualified borrower. Please arrange all property tours through the Listing Agent.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$118 USD /SF

# OF UNITS

48

PRICE/UNIT

$104,167

CAP RATE

6.02%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Desert Sun Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.84 AC

LAND SF

210,830 SF

ZONING

-

APN/PARCEL ID

220-04-104

ASK ABOUT THIS PROPERTY

Rich ButlerButler Apartment GroupMore Info
602-687-6782

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Rich ButlerButler Apartment GroupMore Info
602-687-6782

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