Property profile

3116 Leawood Dr Lake Havasu City, AZ 86404

OFF-MARKET
Apartment buildings
Property ID
US07-3448425
2,000 SF 0.28 ac lot Built 2002
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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 Apartment buildings
Year built 2002
Total area 2,000 SF
Lot 0.28 ac (12,197 SF)
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

Location

3116 Leawood Dr Lake Havasu City, AZ 86404
Lake Havasu City metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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