2312 Palisades Dr Lake Havasu City, AZ 86403
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,864 sqft
Price per Sqft $209
Subdivision Lake Havasu City
MLS Listing ID 1037438
HOA Y/N No
Year Built 1971
Annual Tax Amount $1,715
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 130' x 226.60'
Property Sub-Type Quadruplex
Source Central Arizona Association of REALTORS®
Property Description
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
State AZ
County Mohave
Community Lake Havasu City
Area Lhc-North
Direction College Rd to Pasiades Dr, Turn Right, 4 Plex on the right side
Interior
Heating Heat Pump
Cooling Central Air
Exterior
Parking Features Door - 7 Ft Height, Detached
Utilities Available Electricity Available
Roof Type Shingle
Private Pool No
Building
Builder Name Unknown
Sewer Public Sewer
Water Public
Structure Type Wood Frame
New Construction No
Others
Tax ID 104-47-013
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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