Wendell Apartments 3653-3659 Wendell Ave 8 Unit Apartment Building $1,773,733 CAD ($221,717 CAD/Unit) 6.07% Cap Rate Bullhead City, AZ 86442

Welcome to Wendell Apartments, a two-building, 8-unit apartment community in the heart of Bullhead City, AZ surrounded by upscale shopping and new development.
Each unit features two-bedrooms, one-bath, central AC, and one car garage. Additional parking is available as well. The units have been updated and include newer appliances and central AC units. There are two laundry rooms on site with newer coin/app operated machines. The charming buildings have been well maintained and feature stucco exterior and dual pane windows throughout. Long term tenants enjoy the premises and rents have been adjusted to reflect current market levels.
The property is minutes away from public parks, schools, shopping, dining, and the beautiful Colorado River. It is located near the upscale Mojave Crossroads Shopping Center and the brand-new Silver Copper Crossing Bridge, spanning 724 feet over the Colorado River into Laughlin, NV.
Enjoy favorable Arizona tax and insurance rates. Taxes aren’t reassessed on property transfer and insurance rates are lower than national average. Two separate parcel numbers; qualifies for conventional financing. Recorded as two 4-unit buildings, qualifying for Freddie Mac/Fannie Mae financing.
This is a clean, stabilized asset with strong surrounding retail and infrastructure investment. With updated units, reliable long-term tenancy, and proximity to major amenities and the Colorado River, Wendell Apartments is a solid multifamily investment opportunity. It is stable, well-located, and positioned to benefit from the continued growth in the area.