2312 Palisades Dr Lake Havasu City, AZ 86403  | Multi Family
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$599,000

2312 Palisades Dr Lake Havasu City, AZ 86403
0
Bathrooms
0
Acres
1971
Year Built
Multi Family
Property Type
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About This Home

Great INVESTMENT OPPORTUNITY! This fully occupied 4-Plex in Lake Havasu City presents an excellent investment opportunity, ideally located near Highway 95 in a desirable neighborhood. The property features four units: Unit 1 with 2 bedrooms and 1 full bath, Unit 2 with 2 bedrooms and 1 full bath, Unit 3 with 1 bedroom and a newly remodeled full bath, and Unit 4 with 1 bedroom and 1 full bath. Three out of four AC units/heat pumps have been recently replaced for energy efficiency. The property includes a shared laundry area for Units 3 and 4, with individual hookups for Units 1 and 2, and independent electrical meters for each unit. On-site water and trash services are available, along with a two-car garage and additional parking spaces. With an estimated 5% cap rate, this property offers a strong return on investment and is a prime addition to any real estate portfolio.

Location

2312 Palisades Dr Lake Havasu City, AZ 86403

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Listing Agent

Stacy Johnson

Stacy Johnson

Team RDP @ eXp Realty

(16 reviews)
Avg Price Sold$559.9K
Years Experience11
Total Transactions232