60 Unit Duplex Tranche Bullhead City
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $14,826,180
60 unit tranche.
New-construction multifamily underwriting to an 8.34% cap on $20,602 NOI against $247,103 asking, with $25,200 in annual projected rent carrying the return. Taxes run $1,234, insurance $1,000, and HOA $600 annually, all netted into the NOI figure, so the yield reflects real operating costs. Asking sits below the $274,995 ARV, giving a spread on top of day-one cash flow.
- Jeremy Lewis
Agent House AI