Pattersons Executive Team - Siesta Apts

RE/MAX Prestige Properties A N EW W AY T O D O M OHAVE C OUNTY R EAL E STATE

S IESTA A PARTMENTS 1926 A NDY D EVINE A VENUE K INGMAN , A RIZONA P RESENTED BY

G ARY D. L OT T

Each office independently owned and operated.

F OR M ORE I NFO C ALL G ARY L OTT AT 928.530.3445

Table of Contents 1926 Andy Devine Avenue, Kingman, AZ Zoning

Page 2 Pages 3

Pro Forma Investment Overview

Page 4

Subject Property Location

Page 5

Subject County Plat Map and GIS Map

Page 6

Surrounding Businesses

Pages 7-8

Subject Property Photos

Page 9

Property Photos from Unit 2

Page 10

Property Photos from Unit 5

Page 11

Subject Property Photos

Page 12

Kingman Profile

Page 13-14

Mohave County Demographics

Page 15-16

Patterson’s Executive Team

Page 17

Disclaimers

Page 18

For More Information About This Property Please Contact

Gary D. Lott Cell: 928-530-3445 GaryDLott@hotmail.com www.gdlott.com

RE/MAX Prestige Properties, 2404 Stockton Hill Road, Suite A, Kingman, AZ 86401 Office Phone: 928-753-7653 Fax: 888-654-7158 2015 Š Lifes Beaten Path. We obtained the information contained herein from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty, or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental, or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example purposes only, and they may not represent current or future performance of the property.

You and your tax and legal advisors should conduct your own investigation of the property and transaction.

WWW .M OHAVE C OUNTY C OMMERCIAL R EAL E STATE . COM

S IESTA A PARTMENTS 1926 A NDY D EVINE A VENUE K INGMAN , A RIZONA

APN 321‐04‐002

P S : 0.73 A

T , R

S : 21N, 16W, 19

A D :

FEDERAL HIGHWAY ADDITION LOTS 5 THRU 10; 46 THRU 52

Construction Type

Description Mobile Home Office Building

Masonry

Multiple - ResidenMasonry tial Multiple - ResidenMasonry tial

T

M

C . T

Stories

SF

Property Type Imp #

1960

1

520

Mobile Home

1

1955

1

256

Commercial

1

1946

1

2442

Commercial

2

1955

1

1368

Commercial

3

A

Year Built

. T

.

Siesta Apartments is located at 1926 Andy Devine Avenue which is part of Historic Route 66.

It is across the street from Walgreens, just down from the Dambar Restaurant, and the Kingman Post Office. This loca on is centrally located within walking distance to major employers, shopping, ac vi es, and fine dining. It is close to public transporta on and just minutes from I‐40, US 93, and sits along Historic Route 66.

The Siesta Apartments consists of four buildings. 14 units, laundry area, storage area, and office. The office is a manufactured home which is also where the manager resides.

F OR M ORE I NFO C ALL G ARY L OTT AT 928.530.3445

Zoning

WWW .M OHAVE C OUNTY C OMMERCIAL R EAL E STATE . COM

Pro Forma Investment Overview Income Gross Scheduled Income

Pro Forma $78,000

Less Loss to Lease

0

Gross Potential Rent

$78,000

Other Income Gross Potential Income Less Vacancy 10% Effective Gross Income Less Expenses

Net Operating Income

Expenses

0 $78,000 $7,800 $70,200 $34,180 $36,020

Pro Forma

Taxes

$3,045

Insurance

$2,500

On-Site Management

$2,400

Utilities

$16,235

Repair and Maintenance

$5,000

Reserves

$5,000

Total Expenses

$34,180

F OR M ORE I NFO C ALL G ARY L OTT AT 928.530.3445

Subject Property Location

WWW .M OHAVE C OUNTY C OMMERCIAL R EAL E STATE . COM

County GIS Map

Subject’s County Plat Map

F OR M ORE I NFO C ALL G ARY L OTT AT 928.530.3445

Some Surrounding Businesses

WWW .M OHAVE C OUNTY C OMMERCIAL R EAL E STATE . COM

F OR M ORE I NFO C ALL G ARY L OTT AT 928.530.3445

Subject Property Photos From The Route 66 Encyclopedia

by Jim Hinckley

WWW .M OHAVE C OUNTY C OMMERCIAL R EAL E STATE . COM

Property Photos from Unit 2

F OR M ORE I NFO C ALL G ARY L OTT AT 928.530.3445

Property Photos from Unit 5

WWW .M OHAVE C OUNTY C OMMERCIAL R EAL E STATE . COM

Subject Property Photos

Office - Manufactured Home

Storage Building

Building 1 - 8 Units + Laundry Room

Building 2 - 6 Units

Laundry Facilities

Laundry Room

F OR M ORE I NFO C ALL G ARY L OTT AT 928.530.3445

WWW .M OHAVE C OUNTY C OMMERCIAL R EAL E STATE . COM

F OR M ORE I NFO C ALL G ARY L OTT AT 928.530.3445

Mohave County Demographics

WWW .M OHAVE C OUNTY C OMMERCIAL R EAL E STATE . COM

Our years of marke ng, nego a ng, building, leasing and selling of mul ‐million dollar residen al projects and commercial proper es allow our clients some sense of security and trust knowing that their proper es are well represented.

We have assembled a diverse team with the crea vity and experience necessary to meet the individual demands of our clients. We provide aggressive interna onal exposure ensuring that our clients’ proper es are under contract or sold as quickly as possible and that our projects proceed smoothly to closure.

Our goal is to bring opportunity to the table, conver ng our broad knowledge base, skill level and wisdom into real results for our clients.

Let us help move your business up to the next level.

928‐753‐7653

Patterson’s

Jonny Meins

EXECUTIVE TEAM Jonny is a lifelong resident of our beau ful state of Arizona. The majority of his years has been spent right here in Kingman. He graduated from Northern Arizona University in 2003 with a Bachelor’s degree in Business Management.

If you don’t find Jonny at the office, he’s out bus ng so balls over the fence at one of the many so ball tournaments he par cipates in. On a more regular basis, he can be found swea ng it up at Kingman Crossfit before the sunrise.

Jonny has been a licensed REALTOR and proud member of the Team for 10 years. He truly enjoys the variety of residen al, commercial, and vacant land transac ons.

Well versed in all aspects of the real estate market, Jonny works with both buyers and sellers.

An educa on junkie, he has been working on commercial designa ons and is currently a Cer fied Commercial Sales Specialist (CCSS). This past year Jonny helped his clients lease more property than any other agent in Kingman ‐ or all of them combined!

Whether you’re looking for a home for you and your family or for your business, Jonny Meins is ready to work hard for you!

Contact me today to see what our Team can do for you!

928‐753‐7653

Patterson’s

Dwayne Pa erson

EXECUTIVE TEAM Dwayne Pa erson moved to Kingman from Illinois in 2002. A father of 3 sons, with 2 grand daughters and a grandson, Dwayne knows what makes a house a home. As many other agents have, Dwayne started out as a residen al real estate agent and soon took advantage of the need for commercial agents in the area that specialize in land development.

Dwayne is the Owner‐Broker of RE/MAX Pres ge Proper es in Kingman, Lake Havasu City and Bullhead City. Dwayne is responsible for opera ons of the Offices as well as recrui ng and reten on of the office’s agents. Dwayne knows what he's doing; he’s been in sales over 35 years!

Under his leadership, his offices and their agents have excelled in the ranks and have won a mul tude of awards.

Dwayne loves the desert, if you don’t find him at the office he’s probably trekking through the desert grandkids in tow! An avid gun enthusiast, Dwayne is a huge supporter of the 2nd amendment.

A straight shooter, you can trust that Dwayne will give you facts. Contact him today for your buying, selling, or inves ng needs.

Contact me today to see what our Team can do for you!

928‐753‐7653

RE/MAX Pres ge Proper es Commercial Division 2404 Stockton Hill Road, Suite A. Kingman, Arizona 86401

Office Phone: 928‐753‐7653 www.MohaveCountyCommercialRealEstate.com

www.MohaveCountyHomeShopper.com

www.MohaveCountyLandShopper.com

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