Property summary
This exceptional investment opportunity presents a well-maintained two-unit apartment building situated in desirable Lake Havasu City, Arizona. Built in 2002, this property boasts a total of 1,960 square feet on a spacious 13,155 square foot lot. The property features two 2-bedroom, 2-bathroom units, each offering attractive floor plans. Unit 2 includes a fenced yard, adding to its appeal. Long-term tenants are currently in place, providing immediate rental income. Ample parking is available, including a two-car garage and generous paved parking areas on both sides of the building. Residents enjoy convenient access to local shops, restaurants, and bars. The property's prime location offers breathtaking lake and mountain views from the backyards, a significant advantage for tenants. The property is zoned L-R-2 Two-Family Residential, ensuring its continued use as a multifamily dwelling. This turnkey investment is ready for a new owner to enjoy the benefits of immediate cash flow and strong appreciation potential in a thriving Arizona market. The property's address is 2810 Palisades Dr, Lake Havasu City, AZ 86404, and the APN is 104-40-028. Don't miss this chance to acquire a valuable asset in a sought-after location.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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