Six-Unit Apartment
3441 Oro Grande Blvd, Lake Havasu City, AZ 86406
For Sale
$679,000
Two-bedroom residences feature kitchens with dining areas and separate living rooms.
Property Size4,896 SF
Price / SF$138.68
Days on Market96
Property Features for 3441 Oro Grande Blvd
General Information
Standard status
Size
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Listing Agency:
Rogue Realty
Listed By:
Carrie Stryjewski · License AZ BR678608000
(847) 704-0694
Source:
Sellinghavasu
Added: Aug 10
Changed: Oct 25
Last Checked: Oct 7 at 5:16PM
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 Rogue Realty
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Investment Insights
Based on property information with market context.
This six-unit apartment property contains approximately 4,896 square feet and was built in 1971. Each residence is approximately 805 square feet with two bedrooms, one bathroom, a kitchen with casual dining space, and a large living room. The unit mix includes four occupied apartments with month-to-month tenancies and two currently vacant units.
Located at 3441 Oro Grande Blvd in Lake Havasu City, the complex has a new main sewer line. The six apartments share a consistent layout, providing a straightforward configuration across the property.
Located at 3441 Oro Grande Blvd in Lake Havasu City, the complex has a new main sewer line. The six apartments share a consistent layout, providing a straightforward configuration across the property.
Key Highlights
- Six‑unit apartment property with approximately 4,896 square feet
- Each apartment is approximately 805 sq ft with 2 bedrooms and 1 bathroom
- All units include a kitchen, casual dining area, and large living room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,092
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,840
$681.8K
Cap Rate 7%
$487,029
$487.0K
Cap Rate 9%
$378,800
$378.8K
Market Conditions
NOI Build-Up for 4,896 SF
Gross rent
$65.8K $13.44/SF
− Vacancy
−$3.8K −$0.78/SF
EGI
$62.0K $12.66/SF
− OpEx
−$27.9K −$5.70/SF
NOI
$34.1K $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%
$681,840
Cap Rate 7%
$487,029
Cap Rate 9%
$378,800
Alternative Uses
Best Use
Apartment 5plus
$487.0K
$426.2K – $568.2K
NOI $34,092 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$956.5K – $1.28M
NOI $76,519 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
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Business Placement
Demographics for 86406, AZ
24,935
Population
14,846
Households
1.7
Avg Household Size
57
Median Age
19%
College-Educated
94%
High-School Grad
244.5 sq mi
ZIP Area
102
Density / Sq Mi
$74,171
Median Household Income
$45,457
Median Earnings
$1,311
Median Rent
$434,700
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-bedroom residences feature kitchens with dining areas and separate living rooms.
Where is this apartment building located?
The property is located at 3441 Oro Grande Blvd Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Six‑unit apartment property with approximately 4,896 square feet; Each apartment is approximately 805 sq ft with 2 bedrooms and 1 bathroom; All units include a kitchen, casual dining area, and large living room
