Las Vegas 7-Plex $247,053 - Generating $2725 per month

HavePropertiesCommercialMultiFamily - Small Apartment
Classifieds
10yFollow

Las Vegas 7-Plex $247,053 - Generating $2725 per month

ShuRee Coffin
Las Vegas, NV · Member since 2016 · 11 posts · 0 votes

7-Plex - Great Investment opportunity generating good CAP Rate. (1) Studio, (2) 1 bedroom units, (4) 2 bedroom units, (1) 3 bedroom unit (GREAT onsite manager occupies the 3 bedroom unit) This property is located near the rezoning area of downtown Las Vegas.

$32,700 yr Operating Income

$5,940 yr Operating Expense

Vacancy 1% - Cap Rate 10.7 - NOI $26,700

ShuRee Coffin

EQUITY NEVADA REAL ESTATE

[email protected]

0Reply
14 views

9 Replies

Jump to latestLatest
  • Sean RichwayBusiness Member
    Lender · Chevy Chase, MD · Member since 2015 · 1k+ posts · 136 votes
    10y

    @ShuRee Coffin  Seller financing available?

    Infinity Capital Finance4.48 Reviews
    WebsiteView Page
    0Reply
  • ShuRee Coffin
    OP
    Las Vegas, NV · Member since 2016 · 11 posts · 0 votes
    10y

    Yes - Up to 70% financing for up to two years. (10% 24 months) 

    0Reply
  • Arnauld Nakaha
    Investor · American Fork, UT · Member since 2015 · 13 posts · 7 votes
    10y

    @ShuRee Coffin, is this still available and what year was it built? Lastly, is there a possibility to value add?

    @Blair Poelman what do you think of this deal? You're a Vegas market expert and I've been looking to go into multi-family investing. PM me or text me your thoughts if you have a split second.

    0Reply
  • ShuRee Coffin
    OP
    Las Vegas, NV · Member since 2016 · 11 posts · 0 votes
    10y

    This is currently still available. We have been having quite a bit of interest in it. I will try to message you.

    Warmest Regards,

    ShuRee

    0Reply
  • Kay Ferdous
    East Rockaway, NY · Member since 2016 · 67 posts · 1 vote
    10y

    canbyou please send the info as well. Thx

    0Reply
  • ShuRee Coffin
    OP
    Las Vegas, NV · Member since 2016 · 11 posts · 0 votes
    10y

    This property was built in 1961. 

    0Reply
  • Omar Merced
    Real Estate Investor · Las Vegas, NV · Member since 2016 · 399 posts · 260 votes
    10y

    This is on Sunrise correct?

    0Reply
  • Cabri Griffin
    Los Angeles, CA · Member since 2015 · 27 posts · 5 votes
    10y

    This sounds like a good deal. I would like more info.

    0Reply
  • ShuRee Coffin
    OP
    Las Vegas, NV · Member since 2016 · 11 posts · 0 votes
    10y

    Yes.. This is 2200 Sunrise Ave

    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free