Listed by Tiffanie Wood of Signature Real Estate Group
Mobile: Mobile 702-751-1412
BONANZA PARK CONDO PACKAGE Package of SIXTY SIX condos.
$4,200,000
Description Bonanza Park West Studios. Affordable studio condo living! Bonanza Park has consistently been a well maintained property. This prime investor package includes 66 total condos. Comfortable 400 sq. ft. condos.
Units are occupied on a month to
Enjoy the open space. ALL appliances included. Iron security patio entrance. Beautiful granite counter tops. Tile flooring. Crown molding decor. Washer and Dryer included in all units. New solid wood cabinetry. Kitchen breakfast bar. Wine rack.
opportunity to increase rent while
One Sliding door closet. One walk-in closet space and an extra storage closet outside your entry! Ceiling Fan. One (1) Full Bathroom. (New Vanity and Sinks) Updated appliances. Vertical Blinds.
month basis and priced under market rent. New owner has an
still being competitive, therefore increasing the return .
The current owner has a list of people waiting to move in so occupancy remains full. No deposits on file.
Great investment opportunity. 39 Fully Remodeled. 23 Semi-Remodeled. 4 Original. Total 66 units. Bonanza Park West Condo's community is centrally located near Bonanza and Rancho. 95/Rancho Exit. Close to 15/95 Freeways. Nearby shopping. Convenient public transportation nearby. Clubhouse. Pool and Heated Spa. HOA. Minutes away from Downtown and the Las Vegas Strip. Open parking.
Community Pool Area
Immediate Cash Flow.
•
Pool/Spa on Site
•
Clubhouse
•
HOA maintains grounds
•
Secured Patio Entry
•
Close to Downtown
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Close to Famous Las Vegas Strip
Listed by Tiffanie Wood of Signature Real Estate Group
Mobile: Mobile 702-751-1412
Another Excellent Investment What a great addition to any investor’s portfolio! SIXTY SIX units in same complex that are occupied and cash flowing!
Building Exterior
HOA includes management, grounds, building exterior and common area maintenance. Cash or Commercial financing only.
Building Exterior, Courtyard View Complex Signage
Pool and Clubhouse Area
Listed by Tiffanie Wood of Signature Real Estate Group
Mobile: Mobile 702-751-1412
Interior View
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Full size appliances
•
Washer and Dryer
•
Granite Counters
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Fresh Paint
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Low Maintenance
Interior of Remodeled Unit
Tiled for easy maintenance.
Upgraded
Itemized Expenses
Condo
Bonanza Park Studios
PACKAGE INFORMATION Package Name
Bonanza Park Studios - 66 condos
Package Description
Total of 66 total units. 39 remodeled. 23 semi-remodeled and 4 original.
Brokerage
Signature Real Estate Group
Broker
Brandon Roberts
Listing Agent
Tiffanie Wood
Email
[email protected] Phone
702-751-1412
Property Address
2221 W Bonanza Road, Las Vegas, NV 89106
INCOME & EXPENSES YEARLY RENTS - Remodel (39 x $600 x 12) $280,400 RENTS - Semi (23 x $525 x 12)
$144,900
Rents - Original (4 x $400 x 12)
$19,200
CAP RATE including ONE TIME remodel 7.2%
Annual Expenses
$138,378
CAP RATE without remodel costs
NET Profit
$306,122
8.05%
Listed by Tiffanie Wood of Signature Real Estate Group Mobile Mobile: 702-751-1412
BONANZA PARK CONDO PACKAGE UNIT BREAKDOWN UNIT TYPE FULLY REMODELED
ACTUAL UNITS NUMBER 2, 5, 6, 7, 12, 17, 18, 23, 24, 30, 31, 40, 41, 42, 9, 50, 51, 52, 53, 58, 61, 64, 65, 67, 68, 69, 70, 71, 72, 73, 79, 82, 83, 84, 94, 96, 98, 99, 45 (TOTAL 39 UNITS)
PARCEL NUMBERS 139-29-811-002 139-29-811-005 139-29-811-006 139-29-811-007 139-29-811-012 139-29-811-017 139-29-811-018 139-29-811-023 139-29-811-024 139-29-811-030 139-29-811-031 139-29-811-040 139-29-811-042 139-29-811-009 139-29-811-050 139-29-811-051 139-29-811-052 139-29-811-053 139-29-811-058 139-29-811-061 139-29-811-064 139-29-811-065 139-29-811-067 139-29-811-068 139-29-811-069 139-29-811-070 139-29-811-071 139-29-811-072 139-29-811-073 139-29-811-079 139-29-811-082 139-29-811-083 139-29-811-084 139-29-811-094 139-29-811-096 139-29-811-098 139-29-811-099 139-29-811-045
Listed by Tiffanie Wood of Signature Real Estate Group Mobile Mobile: 702-751-1412
SEMI-REMODELED
01, 04, 09, 13, 20, 27, 32, 33, 35, 36, 37, 38, 44, 55, 62, 78, 87, 89, 91, 16, 81, 86, 93 (TOTAL 23 UNITS)
ORIGINAL UNITS
8, 10, 15, 39 (TOTAL 4 UNITS)
139-29-811-001 139-29-811-004 139-29-811-009 139-29-811-013 139-29-811-020 139-29-811-027 139-29-811-032 139-29-811-033 139-29-811-035 139-29-811-036 139-29-811-037 139-29-811-038 139-29-811-044 139-29-811-055 139-29-811-062 139-29-811-078 139-29-811-087 139-29-811-089 139-29-811-091 139-29-811-016 139-29-811-081 139-29-811-086 139-29-811-093 139-29-811-008 139-29-811-010 139-29-811-015 139-29-811-039
Listed by Tiffanie Wood of Signature Real Estate Group
Mobile: Mobile 702-751-1412
Offer Submission
Contact Us
For offer submission, please forward an intent letter with proof of funds or commercial financing. For more information, please call or email.
Give us a call for more Information. Signature Real Estate Group
9525 Hillwood Drive #120 Las Vegas, NV 89134
(702) 751-1412
[email protected] Fresh Interior
Tiffanie Wood of Signature Real Estate Group brings you the world.
Signature Real Estate Group 9525 Hillwood Drive #120 Las Vegas, NV 89134 Office: 702.799.9598 Mobile: 702.751.1412
[email protected]