Two-Unit Duplex with
For Sale
$520,000
3080 Caliente Dr, Lake Havasu City, AZ 86404
Two residences provide matching layouts, private outdoor areas, and one vacant unit for immediate occupancy.
Property Size1,999 SF
Price / SF$260.13
Days on Market12
Property Features for 3080 Caliente Dr
General Information
Standard status
Active
Size
1,999 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Amenities
fenced backyard
private patio
Building Details
Year Built
2000
Buildings
1
Listing Agency:
Coldwell Banker Realty
(928) 302-6177
Listed By:
Sunstone Real Estate Group · License #sregroup
Source:
Havasuazliving
Added: Aug 20
Changed: Aug 29
Last Checked: Aug 30 at 1:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Built in 2000, this duplex contains two residences, each with two bedrooms, two bathrooms, and a two-car garage. Both units include a fenced backyard, private patio, and level driveway, providing dedicated outdoor space and convenient parking. Newer window and slider glass are installed in both residences, and the units are described as being in very nice condition without deferred maintenance.
Unit 102 is vacant and ready for occupancy, while the second residence can support an owner-occupant arrangement or continued rental use. The property is located at 3080 Caliente Dr in Lake Havasu City, Arizona.
Unit 102 is vacant and ready for occupancy, while the second residence can support an owner-occupant arrangement or continued rental use. The property is located at 3080 Caliente Dr in Lake Havasu City, Arizona.
Key Highlights
- Two‑unit duplex built in 2000
- Each unit has 2 bedrooms, 2 bathrooms, and a 2‑car garage
- Fenced backyard and private patio for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,915
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$298,300
$298.3K
Cap Rate 7%
$213,071
$213.1K
Cap Rate 9%
$165,722
$165.7K
Market Conditions
NOI Build-Up for 1,999 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$22.8K $11.40/SF
− Vacancy
−$1.5K −$0.74/SF
EGI
$21.3K $10.66/SF
− OpEx
−$6.4K −$3.20/SF
NOI
$14.9K $7.46/SF
Area
Mohave County, AZ
Vacancy
6.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$298,300
Cap Rate 7%
$213,071
Cap Rate 9%
$165,722
Alternative Uses
Best Use
Multifamily LT 5
$213.1K
$186.4K – $248.6K
NOI $14,915 @ 7.0% cap · market cap 2.87%
Second Best
Apartment 5plus
$198.9K
$174.0K – $232.0K
NOI $13,920 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$446.3K
$390.5K – $520.7K
NOI $31,242 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Explore this area
Business Placement
Demographics for 86404, AZ
18,312
Population
11,503
Households
1.6
Avg Household Size
59
Median Age
19%
College-Educated
93%
High-School Grad
161.8 sq mi
ZIP Area
113
Density / Sq Mi
$67,528
Median Household Income
$37,160
Median Earnings
$1,352
Median Rent
$421,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences provide matching layouts, private outdoor areas, and one vacant unit for immediate occupancy.
Where is this duplex located?
The property is located at 3080 Caliente Dr Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Two‑unit duplex built in 2000; Each unit has 2 bedrooms, 2 bathrooms, and a 2‑car garage; Fenced backyard and private patio for each residence
