Purchase Price Is $14,300,000 Plus 4% Asset Is Less Than 6 Miles From The Famed Vegas Strip Close To Everything, Is Downtown Vegas, Every Restaurant Known To Man, Entertainment Galore, Shopping & Great Schools & 1-15 This 152 Unit Beauty Was Build In 1990, Looks Like In The Past Few Years, There Is 97% Occupancy & The Great Landscaping Over 4.95 Acres The Zoning Is R-4 Which Is High Density Residential The Total Rentable Square Footage Is 132,330 There Are 1 Bedroom, 2 Bedroom And 3 Bedroom Units........Square Footages Are: 600Sf, 900Sf & 1,005 Sf, Respectfully The Floor Plans Are Very Eye Catching.....The Kitchens Are Complete With Refrigerators, Range, Disposal And Dishwasher Tenant Parking Is Covered Gross Annual Income Is Approximatgely $1,489,390, Annual Expenses Approximately $702,201 & The Net Operating Income About $784,049 The Cap Rate Is 5.5%
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