For Sale
$259,000

49733 Turquoise AveQuartzsite, AZ 85346

Three-unit rental portfolio in Arizona. High occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
114
This fee-simple multifamily investment opportunity consists of a three-unit property located at 49733 Turquoise Avenue, Quartzsite, Arizona, 85346. The property, built in 2000, sits on a 0.22-acre lot and features a total of 960 square feet. Currently operating at 100% occupancy, the property includes a charming one-bedroom bungalow with an enclosed porch that can be used as a toy garage, a 45-foot RV cover, and a double carport. Two additional RV hookups provide ample parking. The property is zoned SFR (Single Family Residential) and is currently utilized as an Airbnb rental, offering a turnkey investment opportunity. Each unit commands a price of $86,333.33, with the entire portfolio priced at $259,000 ($269.79 per square foot). The property's La Paz County location and current high occupancy rate make it an attractive investment for owner-users seeking a strong return. The property's features, including the RV hookups and ample parking, cater to a diverse range of renters. This is a rare opportunity to acquire a well-maintained, high-performing rental property in a desirable location. The property's APN is 302-32-284.

Highlights

  • $259,000 asking price for a three-unit multifamily portfolio.
  • Three single-family rental units totaling 960 square feet on a 0.22-acre lot.
  • 100% occupancy with a price per unit of $86,333.33 and a price per square foot of $269.79.
  • Located at 49733 Turquoise Avenue, Quartzsite, AZ 85346, with APN 302-32-284.
  • Built in 2000, the property features one building with SFR zoning and fee simple ownership.
  • Broker co-op is available.

Property Details for 49733 Turquoise Ave

Property type
Residential income homes
Square Feet
960 SF
Year Built
2000
Buildings
1
Lot Size (sq. ft)
9,583 SF
Units
3

Location Insight

City
Quartzsite
County
La Paz
State
Arizona
Latitude
33.6143079
Longitude
-114.2598301
49733 Turquoise Ave, Quartzsite, Arizona

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49733 Turquoise Ave
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