100 Acoma Blvd Lake Havasu City, AZ 86403
This exceptional 2.47-acre residential land parcel in Lake Havasu City, Arizona, presents a unique investment opportunity. Located at 100 Acoma Blvd S, this property boasts a prime location within walking distance of numerous amenities, including grocery stores, restaurants, shopping centers, and the vibrant downtown entertainment district. Its convenient proximity to Arizona State University's Lake Havasu City campus and Lake Havasu School campuses adds significant appeal. The property is zoned L-R-3, permitting the development of multi-family dwellings such as duplexes, triplexes, condominiums, or apartments, making it ideal for investors seeking to capitalize on the area's strong rental market. The four lots comprising this parcel (APN: 108-27-051,052,053,055) offer excellent access via Inlet, a low-traffic street, ensuring peace and quiet for future residents. The asking price for this centrally located land is $997,000. This represents a significant opportunity to develop a thriving multi-family community in a highly desirable location. The property's size and zoning regulations provide considerable flexibility for various development plans, catering to a wide range of potential investors and developers. Don't miss this chance to acquire a substantial piece of land in a rapidly growing area of Lake Havasu City. The zip code is 86403.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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