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17285575
17285572

5145 Golden Ln, Las Vegas, NV 89119

SA
NV 0.178933
Clearwater Real Estate Services
JN
NV 0197893, NV NV 0197893
Clearwater Real Estate Services
Listed by Clearwater Real Estate Services
$590,000
774 days on market
Updated 14 days ago
Opportunity zone

5145 Golden Lane

Details
APN 162-27-617-006
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,792
Net Rentable (SqFt) 3,648
Units 4
Cap Rate 6.02%
NOI $35,500
Occupancy 100%
Pro-Forma Cap Rate 7.46%
Pro-Forma NOI $44,000
Price per SqFt $123
Class C
Year Built 1977
Year Renovated 2019
Buildings 1
Stories 2
Acreage 0.110
Zoning RM18
Investment Type Stabilized

Great Investment/Value-Add Opportunity

Marketing description

Introducing a fantastic investment opportunity, 5145 Golden Lane is situated in the highly sought-after Strip/University submarket. This four-plex includes one 3-bedroom, one 2-bedroom, & two 1-bedroom units. Each unit comes with its own private single-car garage, ensuring convenience and security for residents. Great opportunity for owner-occupant FHA buyer. The location is incredibly advantageous, being positioned within a mere two-mile radius of notable landmarks such as the University of Nevada Las Vegas, Harry Reid International Airport, and the Las Vegas Strip. Close to grocery shopping, retail shopping, entertainment venues, restaurants, and coffee shops. Every unit is thoughtfully designed and equipped with its own garage and washer/dryer, offering a self-contained living experience for tenants. HOA takes care of the expenses related to trash, sewer, and water for the owners, lightening the financial burden. Tenants are responsible for their individual electricity bills, which are separately metered. Residents can also enjoy patio areas, a community pool, bbq grills, and easy access to public transportation just outside the gate.

Listing Contacts

SA
NV 0.178933
Clearwater Real Estate Services
JN
NV 0197893, NV NV 0197893
Clearwater Real Estate Services
Listed by Clearwater Real Estate Services

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$35,500.00
$2,958.33/mo

Valuation Metrics

0
DSCR
6.02%
Cap Rate
6.02%
ROI

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Additional Information

Name
Steve Alvarez
License
0.178933
Brokerage
clearwater REIS, LLC
Brokerage Phone
702-329-9661
Title
Partner
Brokerage Address
8894 Spanish Ridge Avenue
Name
Joe Napolitano
License
0197893
Brokerage
Clearwater Commercial
Brokerage Phone
5169872549
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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