Skip To Content

1151 Riverfront Drive

Bullhead City, AZ 86442
  • $2,200,000
  • STATUS: Closed
  • ON SITE: 322 Days
  • MLS #: 998972
Sold - 08/08/2023
$2,200,000
SOLD - 08/08/2023
  • 0
    BEDS
  • 1.53
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Over 1.5 acres of PRIME riverfront property with ~190 ft. of shoreline!!! Zoned for multi-family, so the opportunities are endless. Currently used as an income producing RV Park with 30 spaces and 3 docks. Tenants pay all utilities except water, and own the RV/mobile home that they stay in. This means tenants are responsible for maintaining their own units, and the park owner has very low operating costs. All tenants have been informed that rents will increase to $600-$700 per month starting April 1, 2023. The new owners could keep it as an RV park, or build a riverfront apartment complex, condos, tiny homes, etc. Perfect property for an investor to have steady monthly income, or a creative investor to build out a brand new income producing business on the river.

Monthly Payment Calculator

Listing information © 2023 Western Arizona Realtor Data Exchange. IDX data provided exclusively for consumer's personal, non-consumer use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but not guaranteed accurate by the Western Arizona Realtor Data Exchange. Data last updated: 2023-12-09T23:43:51.287.
www.thejenniferluzzigroup.com/homes/136335728
Print Image

1151 Riverfront Drive Bullhead City, AZ 86442

  • Price: $2,400,000
  • Status: Closed
  • On Site: 322 Days
  • Updated: 201 min ago
  • MLS #: 998972
0
Beds
0
Baths
0
½ Baths
1.53
Acres
Neighborhood:
Bluewater Terrace
County:
Mohave
Property Description
Over 1.5 acres of PRIME riverfront property with ~190 ft. of shoreline!!! Zoned for multi-family, so the opportunities are endless. Currently used as an income producing RV Park with 30 spaces and 3 docks. Tenants pay all utilities except water, and own the RV/mobile home that they stay in. This means tenants are responsible for maintaining their own units, and the park owner has very low operating costs. All tenants have been informed that rents will increase to $600-$700 per month starting April 1, 2023. The new owners could keep it as an RV park, or build a riverfront apartment complex, condos, tiny homes, etc. Perfect property for an investor to have steady monthly income, or a creative investor to build out a brand new income producing business on the river.
Exterior Features

Fencing Partial Wood Lot Size Dimensions 190 x 358 x 190 x 358 Parking Features Parking Spaces

Property Features

Association YN No Building Features Dumpster Business Name Sun- N- Stars Trailer Port Buyer Financing Item1031 Exchange Electric Item110 Volts Item220 Volts Listing Terms Cash Conventional Item1031 Exchange Owner May Carry Number Of Units In Community 30 Owner Pays Exterior Maintenance Repairs Taxes Water Possible Use Manufactured Home Recreational Property Sub Type Other Property Sub Type Additional Other Sewer Public Sewer Tax Annual Amount 7799 Tax Year 2022 Tenant Pays Electricity Utilities Electricity Available Natural Gas Available Water Source Public Zoning Description R2 District Res: Multiple Family

Listing provided by Bullhead Laughlin Realty: 928-704-6700.
Listing information © 2023 Western Arizona Realtor Data Exchange. IDX data provided exclusively for consumer's personal, non-consumer use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but not guaranteed accurate by the Western Arizona Realtor Data Exchange. Data last updated: 2023-12-09T23:43:51.287.
 
https://bt-photos.global.ssl.fastly.net/wardex/orig_boomver_1_998972-2.jpg https://bt-photos.global.ssl.fastly.net/wardex/orig_boomver_1_998972-2.jpg https://bt-photos.global.ssl.fastly.net/wardex/orig_boomver_1_998972-2.jpg
Logo
The Jennifer Luzzi Group | Keller Williams Arizona Living Realty
135 Park Ave
Lake Havasu City AZ, 86403