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Investment Highlights

  • No HOA, no rent control, and situated on owned land for operational simplicity.
  • Located near the Colorado River, Rotary Park, and local boat launch access.
  • Three units remodeled; one unit offers value-add potential for increased returns.
  • Four-unit multifamily property with all units currently occupied, generating immediate income.

Executive Summary

2146 Riviera Blvd presents an attractive opportunity to acquire a stabilized fourplex in Bullhead City, Arizona, just minutes from the Colorado River and Rotary Park. This income-producing property consists of four two-bedroom, one-bathroom units, all currently occupied on month-to-month leases, providing immediate cash flow and flexibility for future rent optimization. Three units have undergone interior renovations, while one long-term tenant unit remains in original condition, offering a straightforward value-add opportunity.
Ownership has invested in key capital improvements, including replacement of all HVAC units, upgraded electrical with separate metering, and a newer electrical panel. The roof is well-maintained, and utilities are structured for efficiency, with tenants paying electric and the owner covering water, sewer, and trash. The property features a two-story layout with two units on each level, a shared front patio, and open parking without assigned spaces.
Located in a desirable river-adjacent neighborhood, the property benefits from proximity to local boat launches, recreational amenities, and Bullhead City’s retail and service corridors. With no HOA, no rent control, and a stable tenant base, this asset is well-positioned for long-term hold or 1031 exchange buyers seeking consistent income and future upside through rent growth.

Property Facts

Price $525,000
Price Per Unit $131,250
Sale Type Investment
Sale Condition High Vacancy Property
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.19 AC
Building Size 1,500 SF
No. Stories 2
Year Built 1983
Zoning R2 - multiple-family residential use

Amenities

Unit Amenities

  • Balcony
  • Listing ID: 39793031

  • Date on Market: 3/16/2026

  • Last Updated:

  • Address: 2146 Riviera Blvd, Bullhead City, AZ 86442

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