434 River Glen Dr - Apartments FOR SALE


Bullhead City, AZ 86429
$4,150,000 USD
702-943-1907
434 River Glen Dr, Bullhead City, AZ for Sale
$4,150,000 USD
Apartments - FOR SALE
1/15
null | 6.98% Cap Rate

434 River Glen Dr
Bullhead City, AZ 86429


OVERVIEW

Northcap Multifamily is proud to present the River Glen Apartments, located at 464 River Glen Dr Bullhead City, AZ. This multifamily property was constructed in 1975 and is comprised of 35 well-maintained studio, one-bedroom & two-bedroom units, each ranging from 288 to 540 square feet. The apartments caters to a diverse tenant base seeking affordable and comfortable living. The community enhances tenant satisfaction with a sparkling swimming pool, on-site laundry facilities, on-site leasing office and ample parking. Investors will find value in the property’s prime location just one block from the Colorado River and consistent rental income. The neighborhood blends small-town charm with resort-like riverfront vibes, attracting retirees, families, and adventure seekers. River Glen Apartments is co-brokered with Cathy Jones CPA, SIOR, CCIM of LOGIC Commercial Real Estate. C: 702.595.8765 NV BS.0056010 l AZ BR578887000 River Glen Apartments is ideally located at 434 River Glen Drive in Bullhead City, Arizona, a thriving riverfront community nestled along the Colorado River directly across from Laughlin, Nevada. This strategic location positions the property within one of the most dynamic micromarkets in the tri-state region, benefiting from both Arizona’s affordability and Nevada’s resort-driven tourism economy. Residents enjoy the best of both worlds — relaxed, small-town desert living with immediate access to the entertainment, dining, and employment opportunities in the Laughlin casino corridor, just five minutes away via the Bullhead Parkway Bridge. The property sits less than 10 minutes from Laughlin/Bullhead International Airport, offering convenient regional connectivity. Everyday conveniences are within easy reach, with nearby retail centers such as Marina Plaza, Target, and Walmart Supercenter, as well as a variety of local restaurants, medical facilities, and service providers. Outdoor enthusiasts benefit from proximity to the Colorado River, Lake Mohave, and Katherine Landing Recreation Area, offering year-round boating, fishing, and water sports. Bullhead City continues to experience population and employment growth driven by expanding healthcare, education, and tourism sectors. With its strong quality-of-life appeal, low cost of living, and strategic location near major highways (Highway 95 and Highway 68), the market has proven resilient and attractive for both residents and investors alike.

FOR SALE DETAILS

PRICE

$4,150,000 USD

PRICE/SF

$255 USD /SF

# OF UNITS

35

PRICE/UNIT

$118,571

CAP RATE

6.98%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

River Glen Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

-

APN/PARCEL ID

214-03-016

ASK ABOUT THIS PROPERTY

Jerad RobertsNorthCap CommercialMore Info
702-943-1907

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Jerad RobertsNorthCap CommercialMore Info
702-943-1907

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