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32663790
32663791

8 Locations

BL
NV BS.0145665.LLC
KW Commercial
Listed by KW Commercial
$4,285,000
30 days on market
Updated 27 days ago

20 Unit Multifamily Portfolio!

Details
Property Type Multifamily
Square Footage 19,907
Net Rentable (SqFt) 19,907
Units 20
Cap Rate 5.54%
NOI $237,388
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 6.05%
Pro-Forma NOI $259,132
Price per SqFt $215
Class B
Year Built 1984
Buildings 8
Investment Type Stabilized

Multifamily | 5.54% CAP | 20 Units

Marketing description

Blake Leavitt at KW Commercial is proud to present the opportunity to acquire a 100% occupied portfolio of 4 fourplexes and 4 condos totaling 20 units in Las Vegas that are all in the same area for ease of management. The 4 fourplexes are located at 4771-4781-4791-4851 E Craig Rd that were built in 1984. The 4 fourplexes consist of 16 large 2-bed/2-bath units that are 986 square feet. The 4 condos are located at 4300 N Lamont St #249-#270-#291 that were built in 1984, and 4437 Dover Straight St #301 that was built in 2010. The 3 condos at 4300 N Lamont St consist of 3 large 2-bed/2-bath units that are 864 square feet, and the condo at 4437 Dover Straight St is a large 3-bed/2-bath unit that is 1,539 square feet. Full appliance packages with washer and dryer are in every unit. All units have undergone exterior and interior renovations, and are well maintained.

***Attractive financing is available for this portfolio with rates as low as 5.375% with 20% down or 5.75% with 15% down, 5 year fixed rate term, 30 year amortization, and no prepayment penalty.***

Listing Contacts

BL
NV BS.0145665.LLC
KW Commercial
Listed by KW Commercial

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$237,388.00
$19,782.33/mo

Valuation Metrics

0
DSCR
5.54%
Cap Rate
5.54%
ROI

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Additional Information

Name
Blake Leavitt
License
BS.0145665.LLC
Brokerage Phone
702-809-8387
Brokerage Address
10000 West Charleston Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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