1831 Monterey Dr, Bullhead City AZ 86442

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Commercial Real Estate Agent with Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker AZ BR 528507000

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

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.

1831 Monterey Dr, Bullhead City AZ 86442

1831 Monterey Dr, Bullhead City AZ 86442

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.

1831 Monterey Dr, Bullhead City AZ 86442

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.

 

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Candice A. Donofrio

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