$3,499,000

3801 E Highway 66 Kingman, AZ 86401

Estimated payment $18,908/month

Total Views 2,517
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling System Mounted To A Wall/Window
  • Vinyl Flooring
  • Heating System Uses Natural Gas

About This Home

LOCATED ON THE HISTORIC ROUTE 66. This unique property offers a fantastic opportunity to own a fully operational & fully OCCUPIED Studio Apartment building + RV Park in Kingman, Arizona. This 2.39-acre site features a total of 50 income-producing units, including 23 studio kitchenette apartments plus an office/additional unit, and 24 Trailer/RV sites + (4 of the sites are used for Tiny homes owned by the VA, they pay the rent for the space) There is also a stand-alone building on the property that is rentable. The property is well-maintained/updated with a range of common amenities such as a on site laundry room, and a BBQ grilling area, making it an attractive option for long-term residents. The RV Park is classified as an extended stay facility, operating year-round and catering to individuals who reside on a more permanent or extended basis. In addition to the residential units, the property includes a standalone commercial unit, 400 Ft. of frontage on Hwy 66. Zoned C-3

Listing Agent

Phillip Norris

Real Broker License #SA675423000 Listed on: 01/31/2025

Real Broker

Co-Listing Agent

Kelly Cook

Real Broker License #SA562405000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,185

Year Built

  • Built in 1985

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Vinyl Flooring

Parking

  • 50 Open Parking Spaces
  • 50 Parking Spaces
  • Carport

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Legal Lot and Block 2 / 1
  • Assessor Parcel Number 320-02-005-C

Community Details

Overview

  • 3 Buildings
  • 50 Units
  • Building Dimensions are 1318
  • Shangri La Estates 2Nd Amd Subdivision

Building Details

  • Operating Expense $76,339
  • Net Operating Income $376,256

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,185

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Cross Street: E Andy Devine Dr
  • Legal Info Range: 16W
  • Property Type: Multiple Dwellings
  • Zoning: C-3
  • Number Of Buildings: 3
  • Ownership: Fee Simple
  • Year Built: 1985
  • Tax Year: 2024
  • Directions: Google shows the address as 3801 E Andy Devine Ave Kingman, AZ 86401
  • Road Surface Type: Asphalt, Concrete
  • Co List Office Mls Id: realbr010
  • Co List Office Phone: 480-442-9868
  • Subdivision Name: SHANGRI LA ESTATES 2ND AMD
  • Tax Parcel Letter: C
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Free-Standing Range, Refrigerator, Microwave
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Other, Carport
  • Attached Garage: No
  • Open Parking Spaces: 50.0
  • Total Parking Spaces: 50.0
  • General Property Description:Uncvrd Parking Spcs: 50.0
  • General Property Description:Total Parking Spcs: 50.0
  • Parking Features:Carport: Yes

Utilities

  • Cooling: Window/Wall Unit, Electric
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Individual Meter
  • Heating:Natural Gas: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Cable TV Available: Yes
  • Interior Amenities:Other (See Remarks)51: Yes

Fee Information

  • Annual Fuel Expense: 1979.0
  • Annual Water Sewer Expense: 12563.0

Schools

  • Junior High Dist: Kingman Unified School District

Lot Info

  • Lot Size: 1318
  • Additional Parcels: No
  • Parcel #: 320-02-005-C

Multi Family

  • Owner Pays: See Remarks
  • Number Of Units Total: 50
  • Electric Expense: 44612.0
  • Insurance Expense: 14000.0
  • Property Net Operating Income: 376256.0
  • Annual Operating Expense: 76339.0
  • Vacancy Allowance Rate: 24045.0

Tax Info

  • Tax Annual Amount: 3185.0
  • Tax Block: 1
  • Tax Book Number: 320.00
  • Tax Lot: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 For Sale $3,499,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6813509

Arizona Regional Multiple Listing Service (ARMLS)