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812 Landon Dr

12 Unit Block of Flats £2,050,076 (£170,840/Unit) 6.50% Net Initial Yield Bullhead City, AZ 86429

Executive Summary

Located in beautiful Sunridge Estates. 12 luxury apartments fully occupied and ready for new owners. Over 16500 sq. feet of living space and 6200 sq. feet of enclosed RV/garage space. 6 apartments are 3-bedroom 2 bath units approx. 1467 sq. ft. with 40 ft deep garage and 13 ft. doors. The other 6 are 2-bedroom 2 bath units approx. 1293 sq. feet with attached to 2-car garages. All apartments have granite countertops, walk in closets, tiled floors, outside balconies or patios and many more features. Tenants pay water, sewer and electricity They have been rezoned as condo conversions and can be sold individually if and HOA is put together and CCR's. Located just minutes to Lake Mohave, the Colorado River and Laughlin NV.

Please contact Konrad for appointment. Do not go on property and disturb tenants.
Buyer and buyer's agent to verify sq. footage, zoning and utilities and any other pertinent facts during inspection period.

Property Facts

Price £2,050,076
Price Per Unit £170,840
Sale Type Investment
Net Initial Yield 6.50%
No. Units 12
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.17 AC
Building Size 34,000 SF
Number of Floors 2
Year Built 2006

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Kitchen
  • Granite Countertops
  • Tub/Shower
  • Walk-In Closets
  • Patio

Site Amenities

  • Gated

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+2 6 - 1,300
3+2 6 - 1,400
  • Listing ID: 33585498

  • Date on Market: 21/10/2024

  • Last Updated:

  • Address: 812 Landon Dr, Bullhead City, AZ 86429

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