1 of 8
Ferramentas
Size
8,276 Pés²
interior
Financial
$450,000
Vendido 01-31-22
$54
Price Per Sqft
$890
Annual taxes
Listing Details
Tríplice
Tipo de Propriedade
1950
Ano de construção
5442894
Identificação Web
2737737-2350454
ID do MLS
607
Days Posted
Descrição
500 S 11th Street,
Las Vegas,
NV
89101
Las Vegas, NV 89101
HUGE POTENTIAL INCOME: Never mind the current owner's rental income. These units need to be rehabbed. Adjacent properties, exact same building age/style/size, are getting $1250 to $1650 per month, per unit. Each apartment is 2 bdrm, 1 bath with small yard. Current owner has not raised rent on some tenants since 2005. Check website of apts at Bonneville & 11th St. for photos and rents for what can be done with this property. Their website says $1500-1750 per month, no vacancy. When rehabbed, each unit would have new kitchen, new bath, washer/dryer, new flooring, new cabinets, counters, lighting, etc. When rented at $1000 per month, that would be a $36,000 income. NOI would be $30,527, Cap Rate would be .06, GRM would be 13.5. Make offer subject to viewing/inspection. One unit avail to be shown end of Nov. Do not contact tenants! Drive by only. This is sold ONLY with adjacent unit at 506 S 11th. Buy one unit outright and owner will consider carrying 2nd unit, great terms.
Histórico de preços
date | price | variance | type | global |
---|---|---|---|---|
1/30/2022 | $450,000 | - | Vendida | view listing |
Listing By: Elite Realty via Data Source: GLVAR MLS
agente de listagem: Robert Schlegel