15 homes 3.5

Report 0 Downloads 14 Views
Investment Single Family Home Portfolio Bulk Sale

Las Vegas | NV | 89120

The 15 Single Family Home Porolio is located in a convenient South East Las Vegas locaon. There are 3 floor plans varying in size from 1717/sf – 1876/sf all with 3 bathrooms. Office: 898-0101 | Fax: 702-410-8409 | 5550 Painted Mirage Rd. #140 | Las Vegas, NV 89149

Shannon Smith, GRI 702-809-0203 mobile [email protected]

702-809-0203

Investment Single Family Home Bulk Sale

Las Vegas | NV | 89120

Executive Summery Bulk SALE of a 15 SFR Investment Por&olio located in one dis(nct community in East Las Vegas. There are 3 floor plans varying in size from 1717/sf – 1876/sf. All homes have 3 baths and 4 bedrooms with the excep(on of one 3 bedroom unit. These homes are compara(vely, new with a construc(on finish date of 2007 on each unit. All proper(es are individually metered for u(li(es: tenant pays elec­ tric, water and gas. All units lease expired February 2017 and all tenants want to stay. Poten(al to raise rents, sell or sign new lease. Very low maintenance investment for Bulk Por&olio Buyer looking for stable in­ come and price apprecia(on as the market con(nues to increase in value. This investment Por&olio offering provides an investor with a high occupancy, fee simple, single­family home bulk package with very low upkeep expenses. This package can easily be managed without a property management company to add to the bo=om line for an investor. Package provides an investor with steady and solid in place income, rental increase opportuni(es, and the ability to sell fee simple individual units as the residen(al market con(nues to appreciate.

Shannon Smith 5550 Painted Mirage Rd # 140 Las Vegas, NV 89149

Cell 702-809-0203 Office 702-898-0101

Investment Single Family Home Bulk Sale

Las Vegas | NV | 89120

Location Highlights

PROPERTY HIGHLIGHTS High Quality Assets SUBJECT Recent Construcon - All 2007 Builds Low Maintenance Expenses Stable Rental Income with Rental Increase Opportunity Mulple Exit Strategies Significant Price Appreciaon Opportunity

Las Vegas Blvd

UNLV

SUBJECT

McCarran Internaonal Airport

Shannon Smith 5550 Painted Mirage Rd # 140 Las Vegas, NV 89149

Cell 702-809-0203 Office 702-898-0101

Investment Single Family Home Bulk Sale

Las Vegas | NV | 89120

Financial Summery INVESTMENT OVERVIEW Price………………………….…………………………………………………………$3,500,000.00

Price Per Unit………….……………………………………………………………$233,333.33

CAP Rate………………………………………………………………………………$5.23%

Cash-on-Cash Return (yr 1)Total Return (yr 1)………………………$183,127.00

OPERATING DATA Gross Scheduled Income……………………………………………………$216,000.00

Opera6ng Expenses……………………………………………………………$32,873.00

Pre-Tax Cash Flow………………………………………………………………$198,940.00

Shannon Smith

Cell 702-809-0203 Office 702-898-0101

5550 Painted Mirage Rd # 140 Las Vegas, NV 89149