1880 Holly Ave

    Lake Havasu City, AZ 86403
    • $850,000
    • STATUS: Pending
    • ON SITE: 13 days
    • MLS #: 1005955
    Pending
    UPDATED: 49 min ago
    $850,000
    • 0
      BEDS
    • 1.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,016
      SQFT
    • $85
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2008
    County:
    Area:

    School Ratings & Info

    Description

    Two buildings investment property. Front building plus 6 unit rear building with overhead doors and small office. All units presently leased . Current Cap rate 6.3% - Projected Cap Rate 7.2%. First time on market. Large fenced yard. First class condition - no deferred maintenance here!

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    www.lakehavasuproperties.com/homes/93420798

    1880 Holly Ave Lake Havasu City, AZ 86403

    • Price: $850,000
    • Status: Pending
    • Updated: 49 min ago
    • MLS #: 1005955
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.17
    Acres
    10,016
    SQFT
    $85
    $/SQFT
    2008
    Built
    Neighborhood:
    Lake Havasu City
    County:
    Mohave
    Area:
    Lhc-North
    Property Description
    Two buildings investment property. Front building plus 6 unit rear building with overhead doors and small office. All units presently leased . Current Cap rate 6.3% - Projected Cap Rate 7.2%. First time on market. Large fenced yard. First class condition - no deferred maintenance here!
    Exterior Features

    Construction Steel Frame Fencing Back Yard OnlyCross FenceChain Link Parking 16-20 Spaces Roofing Metal

    Interior Features

    Cooling Evaporative CoolingElectric Flooring Finished Concrete Unit1 Sqft 2900.00 Unit2 Sqft 2400.00 Unit3 Sqft 1200.00 Unit4 Sqft 1200.00 Unit5 Sqft 2400.00

    Property Features

    Annual Costs Annual Electric Amount 720.00 Annual Costs Annual Insurance Amount 1908.00 Annual Costs Annual Maintenance Amount 1576.00 Annual Costs Annual Water Amount 1938.00 Annual Net Income Amount 70200.00 Approx Lot Dimensions 117X344.X119.X214.X215 Commercial Type Light Industrial Distance Mi To Airport 5.00 Distance Mi To Highway 0.50 Distance Mi To I40 20.00 Electric Gas Electric AvailableSeparate Meters Flood Plain No Front Exposure North Hoa YN No Industrial Park YN No Less Than1 Acre No Multi Tenant Building Yes Owner Pays Exterior MaintenanceWaterSewerRoof MaintenanceTaxesFire InsuranceExternal Repairs Rail Service No Sewer City Site Description Paved Road Tenant Pays InsuranceTrash Collection Terms CashConventional Unit1 Annual Monthly Monthly Unit1 Rent 1600.00 Unit2 Annual Monthly Monthly Unit2 Rent 1600.00 Unit3 Annual Monthly Monthly Unit3 Rent 750.00 Unit4 Annual Monthly Monthly Unit4 Rent 500.00 Unit5 Annual Monthly Monthly Unit5 Rent 1400.00 Use Type Auto ServiceWarehouse W/OfficeMixed Water City Zoning Li Light Industrial

     
    Lake Havasu City Properties
    1690 North McCulloch Blvd.
    Lake Havasu City AZ, 86403