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Sunrise Suites Multifamily Opportunity
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320 Lee Ave, Bullhead City, AZ 86429

79-unit multifamily property in Bullhead City, Arizona.

Property SizeContact for details
Days on Market167

Property Features for 320 Lee Ave

General Information

Standard status Active
Class C
Property subtype Multifamily
Occupancy 85%
Investment Type Stabilized

Building Details

Year Built 1984
Year Renovated 2025
Buildings 1
Stories 3
Units 79
Listing Agency: Marcus & Millichap - Phoenix
Listed By: Richard Butler · License #AZ SA031210000
Source: Crexi
Added: Mar 9 Changed: Aug 8 Last Checked: Aug 8 at 2:47PM

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 Marcus & Millichap - Phoenix

Investment Insights

Based on property information with market context.

Sunrise Suites presents an opportunity to acquire a 79-unit multifamily property located in Bullhead City, Arizona. Bullhead City is situated on the east bank of the Colorado River, near the juncture of Arizona, California, and Nevada. The city serves as the economic and retail hub of Mohave County and Clark County, where Laughlin, Nevada, is located. The area experiences approximately 300 sunny days a year. Laughlin, with its resort and gaming industry, is located just 5 minutes west of the property. The Colorado River offers opportunities for water sports, golf, and fishing. Winter visitor activity in Bullhead City is also a growing phenomenon.

Key Highlights

  • 79‑unit apartment complex
  • Located in Bullhead City, AZ
  • Proximity to the Colorado River

Property Analytics

Current Use

Primo Water Refill Big Box & Wholesale Store Sunrise Apartments Vacation Rental

Suggested Use

Top Pick Furniture & Home Goods Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Storage Facility Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

301
Businesses Nearby

Demographics for 86429, AZ

7,708
Population
5,509
Households
1.4
Avg Household Size
61
Median Age
17%
College-Educated
89%
High-School Grad
274.8 sq mi
ZIP Area
28
Density / Sq Mi
$53,113
Median Household Income
$33,929
Median Earnings
$1,076
Median Rent
$319,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 79-unit multifamily property in Bullhead City, Arizona.
Where is this apartment building located?
The property is located at 320 Lee Ave Bullhead City, AZ.
What is the asking price?
The asking price for this property is $8,300,000.
What are key features of this property?
This property features: 79‑unit apartment complex; Located in Bullhead City, AZ; Proximity to the Colorado River
(602) 618-8881 Call to check price and availability
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