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2601 Laughlin View Drive and 2725 Desert Trail

***MAJOR PRICE REDUCTION***Newly Constructed Storage with Prime Locations

Listing Contacts

Active

Asking Price: $8,950,000
Address 

2601 Laughlin View Dr, Bullhead City, AZ 86429

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Date Added
Jul 27, 2024
Days on Market
234 days
Time Since Last Update
27 days

Details

Property TypeSelf Storage
SubtypeSelf Storage
TenancyMulti
Square Footage87,091
Net Rentable (sq ft)86,271
Price/Sq Ft$102.77
Cap Rate5.00%
NOI$458,061
Units144
Year Built2019 and 2020
Stories1
ZoningC2
Lot Size (acres)8.21
APN347-32-109A, 347-32-109B & 213-82-144
Price/Unit$62,152.78
Sale Condition1031 exchange

Marketing Description

2 property locations - 2601 Laughlin View Drive and 2725 Desert Trail in Bullhead City, AZ.​ Discover the perfect opportunity to invest in Bullhead City's growing community.​ Nestled amidst high density residential communities on the Bullhead Parkway corridor, these units offer prime real estate for savvy investors and businesses alike.​ Whether you're looking to capitalize on the city's rapid growth and current Owner’s smart vision, these units are newly constructed and in prime locations to maximize revenue.​ Why build new when all the work is done! (Third location potentially available)

Investment Highlights

• Properties are strategically positioned and surrounded by high density, master planned communities along the

Bullhead Parkway.

• Management of the facilities is very streamlined and can be run remotely - off site.

In a high growth area, Bullhead City, on the Colorado River. BHC is a driving destination from southern

California and experiencing tremendous growth from people leaving CA. BHC is also a “snowbird” destination

and experiencing an influx of people leaving colder winter areas to spend time in the warmer desert climate

during the winter months.

• All of the hard work has been done. Units are new and rented. Why buy land and build? The process would take

two years or longer to have income from units. You can purchase these 2 properties and have immediate income

with future growth potential.

• Two facilities in strategic locations with new and developing subdivisions surrounding them.

Location…location…location.

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$458,061.00
$38,171.75/mo

Valuation Metrics

0
DSCR
5.12%
Cap Rate
5.12%
ROI
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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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