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    OFF-MARKET
    Commercial real estate

    3116 Leawood Dr, Lake Havasu City, AZ 86404

    2,000 SF 0.28 ac lot Built 2002
    Property ID
    US07-3448425
    Property summary
    AI-generated overview

    This exceptional two-unit apartment building, located at 3116 Leawood Dr in Lake Havasu City, Arizona, presents a compelling investment opportunity. Built in 2002, the property boasts a total of 2,000 square feet situated on a sizable 0.28-acre lot (12,260 square feet). The property is zoned L-R-2 Two-Family Residential, ensuring its suitability for its current use. Each of the two units offers a comfortable floor plan, including two bedrooms and two bathrooms, along with convenient laundry hookups. Residents enjoy covered patios and fenced backyards, providing privacy and outdoor living space. The property features ample parking, including a two-car garage and additional side parking, accommodating a total of two spaces. The prime Northside location offers proximity to a variety of amenities, including shops, bars, restaurants, and is just minutes away from the lake and boat launch ramps. Lake and mountain views are visible from the front yard. The property benefits from long-term renters, making it an attractive investment with stable income potential. This well-maintained duplex is a must-see for discerning investors seeking a strong return on investment in a desirable location. The APN is 112-12-295. The asking price is $489,900.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 2002
    Total area 2,000 SF
    Lot 0.28 ac (12,197 SF)
    APN 112-12-295
    UPID US07-3448425
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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