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6666 W WASHINGTON AVE, LAS VEGAS, NV 89107-1349

CB
FL SL3166580
EQUIMAKS
Listed by EQUIMAKS
$112,000,000
2 days on market
Updated 2 days ago

6666 W WASHINGTON AVE LAS VEGAS NV 89107-1349

Details
APN 13826201004
Property Type Multifamily
Square Footage 1
Cap Rate 5.54%
NOI $3,900,000
Occupancy 92%
Tenancy Multi
Rent Bumps Yes
Year Renovated 2020
Stories 2
Lot Size (SqFt) 1
Investment Type Value Add

4 Separate Properties - Great Location - Renovated

Marketing description

WHAT WE DO

  • OFF-MARKET PROPERTIES
  • SPECIALIZED FINANCING
  • DESIGNER REAL ESTATE BRANDING

WHAT WE DO (DROPBOX)

https://www.dropbox.com/scl/fi/lj2lkt0czo95fglv2zilr/What-We-Do.pdf?rlkey=kt0t7mmr4ejs552f1t99mzuw4&dl=0

For further information please contact us:

Christopher Bader

Senior Vice President

[email protected]

Investment highlights

4 Separate Properties Located Near Each Other- Great Location - Great Investment - Renovated - Long Term Hold - Can Add 73 Additional Units in One of The Properties

LONG TERM HOLD

This is a long-term hold (3-5years).V egas is goingt hrough a Real Estate boom , and prices are expected to increase.

PROPERTY SHORTAGE FOR SALE

There is nothing in Las Vegas in this magnitude for sale.

IRREPACEABLE

With new costs of construction these properties are irreplaceable

THE STRIP

The Las Vegas strip has been expanding in all directions with new hotels, casinos, entertainment

LAS VEGAS MULTIFAMILY

Vegas is not approving that many new Multifamily projects. Instead, the are offering incentives for the updating and refurbishing of older properties.

Listing Contacts

CB
FL SL3166580
EQUIMAKS
Listed by EQUIMAKS

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$3,900,000.00
$325,000.00/mo

Valuation Metrics

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DSCR
3.48%
Cap Rate
3.48%
ROI

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