SOLD, closed escrow 3-14-16.
1831 Monterey Dr, Bullhead City AZ 86442
Bullhead City AZ Starter Home
Bullhead City AZ Investment Property
Bullhead City AZ Rental Property For Sale
Riviera Mobile Gardens is a large subdivision in the 'peninsula' area of Bullhead City with close proximity to the Colorado River. It's a mixed area of site built homes, mobilehomes, manufactured homes, multifamily and commercial properties, with a wide range of price points. Walkability and public transit to banking, schools, services and shopping nearby make this a perennially popular area.
Back in the day (50s, 60s, 70s) Riviera was named because it WAS The Riviera of the area - with rows and rows of cute mobilehomes, colored Malibu lights and palm trees creating a tropical atmosphere. Many residents live here still.
During the sewer improvement districts of the early 2000s, many of the older mobilehomes that had fallen victim to blight (some owners on low or fixed incomes hadn't had a house payment in decades, and when City slapped them all with 5000-10000 assessments they just couldn't afford, they became distressed) were bought up by investors, torn down, and small site-built homes erected over the foundations. It made sense to the investors, who didn't have to install infrastructure, and the popularity of the area made for a steady stream of renters.
1831 Monterey Dr, Bullhead City AZ 86442 is one such Bullhead City site-built home, constructed in 2007, with tile roof, stucco, premium tile floors, tile counters and upgraded ceiling fans. This 3/2/2 with an open floorplan, large eat-in kitchen and finished garage was a very successful rental property for several years; market rents for this type of property in the area can typically range from 600-700 +/-.
The small yard is low-maintenance, and only a row of fence and a couple of gates would finish the fencing which currently exists on 2 sides.
Rather than replace the well-used appliances, the owner decided to remove them all and let the new owner make a great deal instead -- then finish the home as they envision.
Offered at a REDUCED $73,000 with cash only as preferred term, an investor with all cash ready to do a low-drama deal will find their offer cheerfully received and reviewed.
For more information about this adorable, potential income generator, contact us.