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23368178
23368177

Fransisco Park, Las Vegas, NV 89104

BA
NV S.0200404
Sansone Investments
Listed by Sansone Investments
$1,000,000
315 days on market
Updated 145 days ago

Investment Opportunity - Francisco Park Portfolio For Sale

Details
APN 16202411033 / 16202410060
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 3,300
Net Rentable (SqFt) 3,300
Units 3
Cap Rate 6.00%
NOI $60,000
Occupancy 100%
Pro-Forma Cap Rate 6%
Pro-Forma NOI $60,000
Price per SqFt $303
Class B
Year Built 1954 / 1956
Year Renovated 2020-2022
Buildings 2
Stories 1
Acreage 0.16 - 0.34
Zoning Residential
Parking Spaces per unit
Investment Type Value Add

Multifamily | 6.00% CAP | 3 Units

Marketing description

Investment Opportunity - stabilized and value-add in the heart of Las Vegas. This asset sale includes three fully leased units, each occupied by strong tenants, ensuring consistent cash flow from day one.

Strategically located, the properties offer excellent proximity to the Las Vegas Strip, the Arts District, and immediate access to the I-15 Freeway, making them highly desirable for both tenants and investors seeking long-term growth and stability.

Additionally, one of the units has been renovated and upgraded with brand-new appliances—including a microwave, refrigerator, oven, washer, and dryer—installed in Q1 2025, making this a turnkey investment.

This is an exceptional opportunity to acquire well-positioned, income-producing assets in one of the nation’s fastest-growing markets.

Call Broker for Showings. All showings by Appointment Only.

Tenants consist of Section 8 and other long term 10+ Years tenants.

Investment highlights

Asking price $1,000,000 at 6.00% CAP !! (Motivated Seller) !!

Zoned: Single Family Residential

Two Properties with Three Units total

Value Add / Stabilized

Cash Flowing Asset

Turnkey Investment

Strong Tenants in place

Listing Contacts

BA
NV S.0200404
Sansone Investments
Listed by Sansone Investments

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$60,000.00
$5,000.00/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Ben Atias
License
S.0200404
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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