WATERMARKE Las Vegas, Nevada LOCATION: Located within the Master Planned Community of Mountain’s Edge at the southeast corner of Blue Diamond Road and Durango Drive within Clark County, Nevada. SIZE: • 24 multi-family lots available in 4 building pads (190 total lots in community). • Available pads include building numbers 11, 28, 29 and 30, each planned as a 6-plex • Mapped as a Condominium Community and built in a Town Home Style (owner lives above own space). The remaining 110 lots in the community may be available as well with a different seller. These lots are comprised of 23 building pads and include building numbers 1-10, 20-23, 3135 and 37-40, planned as 3, 4 and 6-plex buildings. ASSESSOR PARCEL NUMBERS: 176-21-313-043 through 048, and 115 through 132 ZONING: R-3, Multiple-Family Residential (18 units per acre) MDP, Major Development Project, Planned Community Clark County PRICE: Submit TERMS: Submit T AXES: According to the Clark County Treasurer, the 2015 property tax principal assessment is approximately $215 per lot annually. SPECI AL ASSESSMENTS: • The property as subject to a SID, Special Improvement District Assessment. The current payoff is approximately $2,000 per lot, with installment payments of approximately $160 per lot. • Installment payments are semi-annual, due June 1st and December 1st. • Special Assessments are managed by Asset Management Group - (702) 796-0082 or www.amgnv.com for more information on balances, payoffs and due dates. All information contained herein is from sources deemed reliable, but not guaranteed. All figures and measurements are approximate. Offer subject to prior sale, price change, correction or withdrawal.
2/2015
WATERMARKE Las Vegas, Nevada M ASTER HOMEWONERS ASSOCI ATION: • Master Association Fees for 2015 are $93 per quarter per lot, and are due on vacant lots. In addition there is a Capital Contribution fee of $62 per lot due upon a unit closing to a third-party home buyer. • Mountain’s Edge Master Association is managed by Capital Consultants Management Corporation (CCMC), (702) 457-6362 or more information at www.mymountainsedge.com. SUB-HOMEOWNERS ASSOCI ATION: • Sub-Association Fees for 2015 are assessed at approximately $207 per month per unit. Currently, Sub-Association fees are not assessed on vacant lots. • Sub-Homeowners Association is managed by FirstService Residential, (702) 215-5077 for more information. ADDITIONAL M ASTER PL ANNED COMMUNITY FEES: A. Cooperative Advertising Fees: The subject property is part of the Mountain’s Edge Cooperative Advertising Program. The Cooperative Advertising Fee is paid upon a unit closing to a third-party home buyer, and is equal to 1% of the gross sales price. B. Sales Support Fees: $600 per month per each active subdivision. C. Park Fees, Public Safety Fees and Residential Construction Tax: • Park Fees and Public Safety Fees (which includes a Police Service Fee and a Fire & Emergency Medial Fee) are approximately $526 per unit and are paid upon home closing to a third-party home buyer. • Residential Construction Tax is approximately $.36 per square foot, up to a maximum of $1,000, due upon construction permitting. ADDITIONAL PROPERTY HIGHLIGHTS: • Private, gated community located in the popular master planned community of Mountain’s Edge. • Completed common areas and abundant amenities including pool, spa, fitness center, clubhouse, outdoor bathrooms, showers, outdoor fireplace, private streets, gates and landscaping.
All information contained herein is from sources deemed reliable, but not guaranteed. All figures and measurements are approximate. Offer subject to prior sale, price change, correction or withdrawal.
2/2015
Traffic Count Map Watermarke 8582 Blue Diamond Rd, Las Vegas, Nevada, 89178 Ring: 1, 3, 5 Miles
Prepared by Nathan and Associates, Inc. Latitude: 36.019924 Longitude: -115.278993
Source: ©2012 Market Planning Solutions, Inc.
February 18, 2015 ©2015 Esri
Made with Esri Business Analyst www.esri.com/ba 800-447-9778 Try it Now!
Page 1 of 1
Traffic Count Profile Watermarke 8582 Blue Diamond Rd, Las Vegas, Nevada, 89178 Rings: 1, 3, 5 mile radii
Prepared by Nathan and Associates, Inc. Latitude: 36.019920 Longitude: -115.278990 Year of Count:
Street:
Closest Cross-street:
1.02
S Buffalo Dr
W Agate Ave (0.06 miles N)
2011
7,200
1.78
Blue Diamond Rd
Montessouri St (0.03 miles W)
2011
34,000
1.98
W Pebble Rd
S Rosanna St (0.06 miles W)
2005
400
2.03
S Rainbow Blvd
W Gary Ave (0.08 miles N)
2011
8,400
2.04
W Wigwam Ave
S Belcastro St (0.16 miles W)
2011
1,100
2.09
S Buffalo Dr
W Mesa Verde Ln (0.12 miles S)
2011
10,000
2.10
S Durango Dr
E Rhodes Ranch Pkwy (0.15 miles S)
2011
38,000
2.17
W Pebble Rd
Inspiration Dr (0.06 miles E)
2011
500
2.17
S Rainbow Blvd
W Wigwam Ave (0.09 miles N)
Distance:
(0.00 miles )
2.27
Count:
2011
20,000
2011
1,500
2011
4,900 23,000
W Windmill Ln
S Arrow Canyon St (0.12 miles W)
2.31
S Rainbow Blvd
W Shelbourne Ave (0.05 miles N)
2011
2.51
W Torino Ave
S Torrey Pines Dr (0.05 miles E)
2002
170
2.60
Blue Diamond Rd
Mann St (0.03 miles E)
2011
32,000
2.60
Durango Dr
W Capovilla St (0.01 miles S)
2011
48,000
2.99
S Jones Blvd
W Oleta Ave (0.07 miles S)
2005
5,800
3.04
S Rainbow Blvd
W Eldorado Ln (0.06 miles S)
2008
26,000
3.10
W Warm Springs Rd
S Montessouri St (0.11 miles W)
2008
9,300
3.17
Clark Co 215 Frontage Rd
Durango Dr (0.18 miles W)
2005
21,300
3.21
Clark Co 215 Frontage Rd
Durango Dr (0.29 miles E)
2005
21,900
3.32
Durango Dr
Clark Co 215 (0.05 miles S)
2004
32,000
3.33
Blue Diamond Rd
la Costa Canyon Ct (0.06 miles SW)
2011
40,000
3.37
S Jones Blvd
W Traviata Ave (0.02 miles S)
2011
6,000
3.50
W Sunset Rd
Clark Co 215 (0.14 miles W)
2011
4,800
3.52
S Buffalo Dr
W Sunset Rd (0.11 miles N)
2002
8,024
3.54
W Sunset Rd
Medical Center St (0.06 miles W)
2011
17,000
3.69
S Jones Blvd
W Robindale Blvd (0.11 miles S)
2008
20,000 1,500
2.29
3.81
W Silverado Ranch Blvd
S Edmond St (0.05 miles W)
2011
3.98
W Sunset Rd
S Rainbow Blvd (0.14 miles E)
2011
4,600
3.99
Clark Co 215
Bruce Woodbury Beltway (0.15 miles N)
2005
44,000
Data Note:The Traffic Profile displays up to 30 of the closest available traffic counts within the largest radius around your site. The years of the counts in the database range from 2013 to 1963. Just over 68% of the counts were taken between 2001 and 2013 and 86% of the counts were taken in 1997 or later. Traffic counts are identified by the street on which they were recorded, along with the distance and direction to the closest cross-street. Distances displayed as 0.00 miles (due to rounding), are closest to the site. A traffic count is defined as the two-way Average Daily Traffic (ADT) that passes that location. Source: ©2013 MPSI Systems Inc. d.b.a. DataMetrix®
February 18, 2015 ©2014 Esri
Page 1 of 1
Site Map Watermarke 8582 Blue Diamond Rd, Las Vegas, Nevada, 89178 Rings: 1, 3, 5 mile radii
Prepared by Nathan and Associates, Inc. Latitude: 36.019920 Longitude: -115.2789
February 18, 2015 ©2014 Esri
Page 1 of 1
Executive Summary Watermarke 8582 Blue Diamond Rd, Las Vegas, Nevada, 89178 Rings: 1, 3, 5 mile radii 1 mile
Prepared by Nathan and Associates, Inc. Latitude: 36.01992 Longitude: -115.27899 3 mile
5 mile
Population 2000 Population 2010 Population 2014 Population 2019 Population 2000-2010 Annual Rate 2010-2014 Annual Rate 2014-2019 Annual Rate 2014 Male Population 2014 Female Population 2014 Median Age
844 17,577
2,989 64,698
20,380 23,070
78,616 90,746 36.00%
35.48% 3.54% 2.51% 50.0% 50.0% 33.1
10,385 130,931 151,143 170,051 28.84% 3.44%
4.69% 2.91%
2.39% 49.9% 50.1% 33.5
49.9% 50.1% 33.4
In the identified area, the current year population is 151,143. In 2010, the Census count in the area was 130,931. The rate of change since 2010 was 3.44% annually. The five-year projection for the population in the area is 170,051 representing a change of 2.39% annually from 2014 to 2019. Currently, the population is 49.9% male and 50.1% female. Median Age The median age in this area is 33.1, compared to U.S. median age of 37.7. Race and Ethnicity 2014 White Alone
53.5%
52.7%
52.6%
2014 Black Alone
7.4%
7.2%
8.4%
2014 American Indian/Alaska Native Alone
0.4%
0.5%
0.6%
23.5%
25.2%
23.7%
2014 Asian Alone 2014 Pacific Islander Alone
0.9%
0.9%
0.9%
2014 Other Race
7.3%
6.9%
7.2%
2014 Two or More Races 2014 Hispanic Origin (Any Race)
7.0%
6.7%
6.7%
18.3%
18.0%
18.7%
Persons of Hispanic origin represent 18.7% of the population in the identified area compared to 17.5% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 76.3 in the identified area, compared to 62.6 for the U.S. as a whole. Households 2000 Households
313
1,107
3,985
2010 Households
6,353
23,709
47,735
2014 Total Households
7,194
28,159
54,206
2019 Total Households
8,134
32,298
60,687
35.13%
35.86%
28.19%
2010-2014 Annual Rate
2.97%
4.13%
3.04%
2014-2019 Annual Rate
2.49%
2.78%
2.28%
2.83
2.79
2.79
2000-2010 Annual Rate
2014 Average Household Size
The household count in this area has changed from 47,735 in 2010 to 54,206 in the current year, a change of 3.04% annually. The fiveyear projection of households is 60,687, a change of 2.28% annually from the current year total. Average household size is currently 2.79, compared to 2.74 in the year 2010. The number of families in the current year is 35,863 in the specified area.
Data Note: Income is expressed in current dollars Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2014 and 2019. Esri converted Census 2000 data into 2010 geography.
February 18, 2015 ©2014 Esri
Page 1 of 2
Executive Summary Watermarke 8582 Blue Diamond Rd, Las Vegas, Nevada, 89178 Rings: 1, 3, 5 mile radii 1 mile
Prepared by Nathan and Associates, Inc. Latitude: 36.01992 Longitude: -115.27899 3 mile
5 mile
Median Household Income 2014 Median Household Income 2019 Median Household Income 2014-2019 Annual Rate Average Household Income
$67,089 $79,423 3.43%
$65,807 $78,983 3.72%
$63,349 $76,799 3.93%
2014 Average Household Income 2019 Average Household Income 2014-2019 Annual Rate Per Capita Income
$85,062 $98,257 2.93%
$82,038 $94,548 2.88%
$79,196 $91,209 2.86%
$30,442 $35,186 2.94%
$29,566 $33,901 2.77%
$28,429 $32,595 2.77%
2014 Per Capita Income 2019 Per Capita Income 2014-2019 Annual Rate Households by Income
Current median household income is $63,349 in the area, compared to $52,076 for all U.S. households. Median household income is projected to be $76,799 in five years, compared to $59,599 for all U.S. households Current average household income is $79,196 in this area, compared to $72,809 for all U.S. households. Average household income is projected to be $91,209 in five years, compared to $83,937 for all U.S. households Current per capita income is $28,429 in the area, compared to the U.S. per capita income of $27,871. The per capita income is projected to be $32,595 in five years, compared to $32,168 for all U.S. households Housing 2000 Total Housing Units 2000 Owner Occupied Housing Units 2000 Renter Occupied Housing Units 2000 Vacant Housing Units 2010 Total Housing Units 2010 Owner Occupied Housing Units 2010 Renter Occupied Housing Units 2010 Vacant Housing Units 2014 Total Housing Units 2014 Owner Occupied Housing Units 2014 Renter Occupied Housing Units 2014 Vacant Housing Units 2019 Total Housing Units 2019 Owner Occupied Housing Units 2019 Renter Occupied Housing Units 2019 Vacant Housing Units
349 254 59 36 7,832 4,638 1,715 1,479 8,491 5,018 2,177 1,297 9,464 5,801 2,333 1,330
1,409 885 222 302 28,287 16,420 7,289 4,578 32,283 18,837 9,322 4,124 36,231 21,894 10,404 3,933
4,546 2,901 1,084 561 55,900 30,624 17,111 8,165 61,742 33,379 20,827 7,536 68,076 37,908 22,779 7,389
Currently, 54.1% of the 61,742 housing units in the area are owner occupied; 33.7%, renter occupied; and 12.2% are vacant. Currently, in the U.S., 56.0% of the housing units in the area are owner occupied; 32.4% are renter occupied; and 11.6% are vacant. In 2010, there were 55,900 housing units in the area - 54.8% owner occupied, 30.6% renter occupied, and 14.6% vacant. The annual rate of change in housing units since 2010 is 4.52%. Median home value in the area is $193,423, compared to a median home value of $190,791 for the U.S. In five years, median value is projected to change by 4.76% annually to $243,997.
Data Note: Income is expressed in current dollars Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2014 and 2019. Esri converted Census 2000 data into 2010 geography.
February 18, 2015 ©2014 Esri
Page 2 of 2
Market Profile Watermarke 8582 Blue Diamond Rd, Las Vegas, Nevada, 89178 Rings: 1, 3, 5 mile radii Population Summary 2000 Total Population 2010 Total Population 2014 Total Population 2014 Group Quarters 2019 Total Population 2014-2019 Annual Rate Household Summary 2000 Households 2000 Average Household Size 2010 Households 2010 Average Household Size 2014 Households 2014 Average Household Size 2019 Households 2019 Average Household Size 2014-2019 Annual Rate 2010 Families 2010 Average Family Size 2014 Families 2014 Average Family Size 2019 Families 2019 Average Family Size 2014-2019 Annual Rate Housing Unit Summary 2000 Housing Units Owner Occupied Housing Units Renter Occupied Housing Units Vacant Housing Units 2010 Housing Units Owner Occupied Housing Units Renter Occupied Housing Units Vacant Housing Units 2014 Housing Units Owner Occupied Housing Units Renter Occupied Housing Units Vacant Housing Units 2019 Housing Units Owner Occupied Housing Units Renter Occupied Housing Units Vacant Housing Units Median Household Income 2014 2019 Median Home Value 2014 2019 Per Capita Income 2014 2019 Median Age 2010 2014 2019
Prepared by Nathan and Associates, Inc. Latitude: 36.01992 Longitude: -115.27899 1 mile
3 mile
5 mile
844 17,577 20,380 0 23,070 2.51%
2,989 64,698 78,616 0 90,746 2.91%
10,385 130,931 151,143 27 170,051 2.39%
313 2.70 6,353 2.77 7,194 2.83 8,134 2.84 2.49% 4,210 3.26 4,747 3.34 5,355 3.35 2.44%
1,107 2.70 23,709 2.73 28,159 2.79 32,298 2.81 2.78% 15,615 3.23 18,599 3.30 21,350 3.31 2.80%
3,985 2.60 47,735 2.74 54,206 2.79 60,687 2.80 2.28% 31,571 3.23 35,863 3.28 40,135 3.30 2.28%
349 72.8% 16.9% 10.3% 7,832 59.2% 21.9% 18.9% 8,491 59.1% 25.6% 15.3% 9,464 61.3% 24.7% 14.1%
1,409 62.8% 15.8% 21.4% 28,287 58.0% 25.8% 16.2% 32,283 58.3% 28.9% 12.8% 36,231 60.4% 28.7% 10.9%
4,546 63.8% 23.8% 12.3% 55,900 54.8% 30.6% 14.6% 61,742 54.1% 33.7% 12.2% 68,076 55.7% 33.5% 10.9%
$67,089 $79,423
$65,807 $78,983
$63,349 $76,799
$185,337 $244,254
$201,563 $252,589
$193,423 $243,997
$30,442 $35,186
$29,566 $33,901
$28,429 $32,595
31.3 33.1 35.0
32.0 33.4 34.9
32.2 33.5 34.7
Data Note: Household population includes persons not residing in group quarters. Average Household Size is the household population divided by total households. Persons in families include the householder and persons related to the householder by birth, marriage, or adoption. Per Capita Income represents the income received by all persons aged 15 years and over divided by the total population. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2014 and 2019. Esri converted Census 2000 data into 2010 geography.
February 18, 2015 ©2014 Esri
Page 1 of 7
Market Profile Watermarke 8582 Blue Diamond Rd, Las Vegas, Nevada, 89178 Rings: 1, 3, 5 mile radii 2014 Households by Income Household Income Base