BONANZA PARK CONDO PACKAGE

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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



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



Full size appliances



Washer and Dryer



Granite Counters



Fresh Paint



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]