This Multifamily Property is Off-Market.

1074 Sycamore Ave.
Kingman, AZ 86409 ·

22 Units · Multifamily For Sale

N/A

Print

Mohave Gardens

Price N/A Occupancy 100%
No. Units 22 No. Stories 2
Building Size 20,540 SF Year Built 1981
Property Type Multifamily Lot Size 63,600 SF
Property Sub-type
Government Subsidized
More...
  • Garden/Low-Rise
APN / Parcel ID 305-17-054c
Property Use Type Investment Parking Ratio 99 / 1,000 SF
Listing ID: 14593385 Date Created: 04/24/2006 Last Updated: 09/23/2009

Description

PRICE REDUCED!!! This is a 22 unit complex built 1981 under FMHA Section 515 with another 30+/- years: balance of 1st $703,000 at 1% interest, to be assumed. Located in Mohave County, Arizona's fastest growing county. Land values are skyrocketing, which means more renters. There is only 2 other subsidized housing in area. Consisting of two-story 4 three-bedroom two-bath units, and one-story 5 one-bedroom one-bath and 13 two-bedroom one-bath units. Units are 840 sq ft and larger. It has a large community green area but no playground or designated play area for children. This is a HUD multi-family project.

The complex is located behind the regional hospital, one block from the new Hampton Inn, across the street from medical offices, the new surgical unit, one block to the new Super Wal-Mart, drug stores, banks, gas stations, three blocks to the library and large city park, and located on the public transit route. It is two blocks north of I-40 a major east/west route through the State. The hospital has purchased the land adjacent to the complex on the north and is building an additional 9 medical bldgs.

Highlights

  • Great Location
  • Priced lower than land costs in area
  • Subsidized for guaranteed income
  • 100% capacity
  • Located behind Hospital 1 block off main route
  • Population explosion causing rent esculation

Research

1074 Sycamore Ave., Kingman, AZ 86409 (Mohave County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

Kingman Market Trends - Asking price index trends, sale price trends, asking rent trends

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)