2146 Riviera Blvd - Apartments FOR SALE


Bullhead City, AZ 86442
$525,000 USD
928-296-0083
2146 Riviera Blvd, Bullhead City, AZ for Sale
$525,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

2146 Riviera Blvd
Bullhead City, AZ 86442


HIGHLIGHTS

  • No HOA, no rent control, and situated on owned land for operational simplicity.
  • Three units remodeled; one unit offers value-add potential for increased returns.
  • Located near the Colorado River, Rotary Park, and local boat launch access.
  • Four-unit multifamily property with all units currently occupied, generating immediate income.

OVERVIEW

2146 Riviera Blvd presents an attractive opportunity to acquire a stabilized fourplex in Bullhead City, Arizona, just minutes from the Colorado River and Rotary Park. This income-producing property consists of four two-bedroom, one-bathroom units, all currently occupied on month-to-month leases, providing immediate cash flow and flexibility for future rent optimization. Three units have undergone interior renovations, while one long-term tenant unit remains in original condition, offering a straightforward value-add opportunity. Ownership has invested in key capital improvements, including replacement of all HVAC units, upgraded electrical with separate metering, and a newer electrical panel. The roof is well-maintained, and utilities are structured for efficiency, with tenants paying electric and the owner covering water, sewer, and trash. The property features a two-story layout with two units on each level, a shared front patio, and open parking without assigned spaces. Located in a desirable river-adjacent neighborhood, the property benefits from proximity to local boat launches, recreational amenities, and Bullhead City’s retail and service corridors. With no HOA, no rent control, and a stable tenant base, this asset is well-positioned for long-term hold or 1031 exchange buyers seeking consistent income and future upside through rent growth.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$350 USD /SF

# OF UNITS

4

PRICE/UNIT

$131,250

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

R2

APN/PARCEL ID

218-12-016

ASK ABOUT THIS PROPERTY

Jessica TopolKenneth L. Sondgeroth RealtorMore Info
928-296-0083

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Jessica TopolKenneth L. Sondgeroth RealtorMore Info
928-296-0083

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