Friday, December 30, 2011

LAS VEGAS 48 UNIT APARTMENT COMPLEX HIGH CAP RATE RETURN / LAS VEGAS DISTRESSED MULTI FAMILY APARTMENT COMPLEXES - CONDO - MOTEL FORECLOSURE

Timothy Anderson

Windermere Prestige Properties

YOUR SOURCE FOR COMMERCIAL MULTI FAMILY APARTMENTS/CONDOS/MOTEL - FORECLOSURE - BANK OWNED - SHORT SALE

pH 702 378 3274

email : buy@buylvland.com

www.lasvegas-henderson-nevada-realestate.com

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48 unit apartment complex - $ 36 500 / door ( see attachment )

Great CAP Rate Return !


Price per sq/ft = $47.79

640 Average 2BD Square Footage & 964 Average 3BD Square Footage.

Located just West of Valley View Blvd & Desert Inn, between Lotus St. & Foot St. Excellent demographics. Dense location.

This 48-unit multi-family assemblage is an excellent deal; every unit has been upgraded with granite counter tops in kitchen and tile flooring throughout. Great potential for 100% occupancy, 9.31% + Cap Rate. Additionally, the property is well maintained and in great condition.

PLEASE ATTACHED MARKETING PACKAGE FOR DETAILED FINANCIAL INFORMATION

Area Description

Located just West of Valley View Blvd & on the north side of Desert Inn Rd, between Lotus St. and Foot St. Excellent demographics. Dense location.

Property Features

  1. 48 Units
  2. Over 90% Occupancy
  3. Tile & Granite Upgrades Througout
  4. Long Term Tenants In Place
  5. Current Cap Rate 9.31%
  6. Rents Below Market
  7. Value Add Potential
  8. Excellent Demographic
  9. Just Off Valley View & Desert Inn
  10. INCREDIBLE INVESTMENT OPPORTUNITY!

CLICK FOR MORE DETAIL

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