Paul Macaluso - (702) 542-1993
License# s.0172271
Multifamily Property For Sale
(GREAT CASH FLOW)-100% occupied-Downtown Las Vegas
508 North 15th Street, Las Vegas, NV 89101
Price:
$324,900
No. Units:
7
Building Size: 6,240 SF
Price/Unit: $46,414.29
Property Type: Multifamily
Property Sub-type: Garden/Low-Rise
Property Use Type: Investment
Commission Split: 2.5%
Cap Rate: 10%
Occupancy: 100%
No. Stories: 1
Year Built: 1954
Lot Size: 13,068 SF
APN / Parcel ID: 139-35-111-102
Last Verified: 1/12/2015
Listing ID: 18650922
Description
JUST RDUCED-100% Occupied-7 Unit gated garden style complex. 6 one bed one bath units and 1 two bed one bath unit. 100% occupied with tenants all on 1 year leases. Monthly income of $3425. Recent upgrades include newer appliances, HVAC servicing, interior two tone paint, marble counter tops updated plumbing and resurfacing of bathtubs.
Owner is motivated but not desperate. Will consider all reasonable offers and will ignore all low ball offers presented. Owner will carry with 50% down on a 12 month term at 8.5% interest only payment.
This property is located in Downtown Las Vegas. Major freeways, bus line, shopping, schools and other community amenities are all within reach of this property.
Paul Macaluso - (702) 542-1993
License# s.0172271
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.
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