Multifamily Property for Sale in Bullhead City, AZ

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Bullhead City, AZ 86442

Description

Marcus & Millichap is pleased to announce the opportunity to acquire Sunset Suites, 55 units located in the vibrant, family oriented community of Bullhead City, AZ. Situated on the east bank of the Colorado River, near the juncture of Arizona, California and Nevada, Bullhead City offers a high quality of life with its affordable cost of living and serves as the economic and retail hub of Mohave County and Clark County where Laughlin, NV is located. With 300 sunny days a year, approximately 2,000,000 visitors and tourists frequent Laughlin (just 5 minutes west) with its resort/gaming industry, and the Colorado River with its area water sports, golf and fishing. The winter visitor activity in Bullhead City is also a growing phenomenon. Investment Highlights: • Ideal furnished unit mix • All utilities included in rents • Amenities include workout room, laundry room, pool and on-site leasing office

Market Context

This multifamily in Bullhead City, AZ is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 38 days. Compare it against other multifamily listings for sale in Bullhead City, AZ — <a href="/search/sale/multifamily/arizona/bullhead-city">view the full market</a>.

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