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34611083
34611078

4771 E CRAIG RD, LAS VEGAS, NV 89115 For Sale

BL
NV BS.0145665.LLC
KW Commercial
Listed by KW Commercial
$3,260,000
3 days on market
Updated 0 days ago

16 Unit Renovated Multifamily Portfolio!

Details
APN 140-05-711-003
Property Type Multifamily
Square Footage 15,776
Units 16
Cap Rate 6.04%
NOI $196,968
Occupancy 100%
Price per SqFt $207
Class B
Year Built 1984
Buildings 4
Stories 4
Acreage 1.000

16 Unit Renovated Multifamily Portfolio!

Marketing description

Blake Leavitt at KW Commercial is proud to present the opportunity to acquire a 100% occupied fourplex portfolio of 4 fourplexes totaling 16 units built in 1984 in Las Vegas that are all in the same area for ease of management. This fourplex portfolio is located at 4771-4781-4791-4851 E Craig Rd in the Northeast Las Vegas submarket, providing efficient access to Downtown Las Vegas, the Las Vegas Strip, Nellis Air Force Base, Apex Industrial Park, and the growing North Las Vegas industrial corridor, which continues to attract significant logistics and manufacturing investment. The surrounding area benefits from strong workforce housing demand driven by nearby industrial employment centers, national distribution facilities, and ongoing population growth throughout Southern Nevada, making this fourplex portfolio well-positioned to capitalize on continued renter demand in one of the region’s key workforce housing corridors. There are 16 large 2-bed/2-bath units that are 986 square feet, full appliance packages with washers and dryers in every unit, 16 outdoor storage rooms, and ample parking. All units have undergone exterior and interior renovations, and are well maintained. The owner will sell the fourplexes individually or as a portfolio.

***Attractive financing is available for this portfolio with an interest rate as low as 5.5% with a minimum of 15% down, 5 year fixed rate term, 30 year amortization, and no prepayment penalty.***

Investment highlights

100% occupied fourplex portfolio of 4 fourplexes totaling 16 units in Las Vegas that are all in the same area for ease of management

All units have undergone exterior and interior renovations, and are well maintained

All units have full appliance packages with washers and dryers, outdoor storage rooms, and ample parking

Attractive financing is available for this portfolio with an interest rate as low as 5.5% with a minimum of 15% down

Listing Contacts

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

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$196,968.00
$16,414.00/mo

Valuation Metrics

0
DSCR
6.04%
Cap Rate
6.04%
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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