6-Unit Apartment
New
For Sale
$1,350,000
2111 Industrial Blvd, Lake Havasu City, AZ 86403
Commercial Sale, Lake Havasu City, AZ
Property Size5,430 SF
Lot Size0.36 Acres
Price / SF$248.62
Days on Market2
Property Features for 2111 Industrial Blvd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
L-R-3 Limited-Multiple Family Res
Subdivision
Lake Havasu City
Directions
Highway 95 east on Industrial Blvd. Property will be on your left.
Standard status
Active
APN
106-18-074
Size
5,430 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TRACT: 115 LAKE HAVASU CITY TR 115 POR SEC 3 & 10 BLK 9 LOT 9
Tax Annual Amount
3172
Legal Description
TRACT: 115 LAKE HAVASU CITY TR 115 POR SEC 3 & 10 BLK 9 LOT 9
Utilities
Heating system
Electric (Heating), Heat Pump (Heating)
Cooling system
Central Air
Water source
Public
Amenities
private in-unit laundry
polished concrete floors
tile walk-in shower
separate fenced backyard with paver patio
Building Details
Year built
2020
Floors in Building
1
Number of units
6
Flooring type
Concrete
Building materials
Wood Frame, Stucco
Roof type
Shingle
Listing Agency:
REMAX by the Lake
(928) 855-5444
Listed By:
Samantha Denovan · License #SA677046000
(928) 706-0609
Added: Oct 14
Last Checked: Oct 15 at 8:06PM
MLS# 1042942
Copyright © 2026 Lake Havasu Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2020, this six-unit apartment property at 2111 Industrial Blvd comprises two buildings with three residences each. The 5,430-square-foot property occupies 0.36 acres. Each residence has two bedrooms, two bathrooms, an open kitchen, private laundry, polished concrete flooring, and a tiled walk-in shower in the primary bathroom. Separate fenced backyards with paver patios and covered parking serve the units.
Five residences are leased, while one is available to tour. The property is in Lake Havasu City, Arizona.
Five residences are leased, while one is available to tour. The property is in Lake Havasu City, Arizona.
Key Highlights
- Six apartments across two buildings, with three units in each
- Built in 2020 on a 0.36‑acre parcel
- 5,430 square feet of building area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,811
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$756,220
$756.2K
Cap Rate 7%
$540,157
$540.2K
Cap Rate 9%
$420,122
$420.1K
Market Conditions
NOI Build-Up for 5,430 SF
Gross rent
$73.0K $13.44/SF
− Vacancy
−$4.2K −$0.78/SF
EGI
$68.7K $12.66/SF
− OpEx
−$30.9K −$5.70/SF
NOI
$37.8K $6.96/SF
Area
Mohave County, AZ
Vacancy
5.80%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$756,220
Cap Rate 7%
$540,157
Cap Rate 9%
$420,122
Alternative Uses
Best Use
Apartment 5plus
$540.2K
$472.6K – $630.2K
NOI $37,811 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,864 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
348
Businesses Nearby
Explore this area
Business Placement
Demographics for 86403, AZ
17,787
Population
11,604
Households
1.5
Avg Household Size
53
Median Age
18%
College-Educated
89%
High-School Grad
11.0 sq mi
ZIP Area
1,617
Density / Sq Mi
$57,531
Median Household Income
$33,368
Median Earnings
$1,152
Median Rent
$313,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two three-unit buildings include one residence available for a tour.
Where is this apartment building located?
The property is located at 2111 Industrial Blvd Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Six apartments across two buildings, with three units in each; Built in 2020 on a 0.36‑acre parcel; 5,430 square feet of building area
