Investment Single Family Home Portfolio · Las Vegas, NV 89149 Location Highlights Cell...

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Investment Single Family Home Portfolio Las Vegas | NV | 89120 Bulk Sale 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

Transcript of Investment Single Family Home Portfolio · Las Vegas, NV 89149 Location Highlights Cell...

Page 1: Investment Single Family Home Portfolio · Las Vegas, NV 89149 Location Highlights Cell 702-809-0203 Office 702-898-0101 Investment Single Family Home Las Vegas | NV | 89120 Bulk

Investment Single Family Home Portfolio Las Vegas | NV | 89120 Bulk Sale

The 15 Single Family Home Por�olio is located in a

convenient South East Las Vegas loca�on. 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

Page 2: Investment Single Family Home Portfolio · Las Vegas, NV 89149 Location Highlights Cell 702-809-0203 Office 702-898-0101 Investment Single Family Home Las Vegas | NV | 89120 Bulk

5550 Painted Mirage Rd # 140

Las Vegas, NV 89149

Executive Summery

Cell 702-809-0203

Office 702-898-0101

Investment Single Family Home Las Vegas | NV | 89120 Bulk Sale

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

Page 3: Investment Single Family Home Portfolio · Las Vegas, NV 89149 Location Highlights Cell 702-809-0203 Office 702-898-0101 Investment Single Family Home Las Vegas | NV | 89120 Bulk

5550 Painted Mirage Rd # 140

Las Vegas, NV 89149

Location Highlights

Cell 702-809-0203

Office 702-898-0101

Investment Single Family Home Las Vegas | NV | 89120 Bulk Sale

SUBJECT

SUBJECT

McCarran McCarran

Interna�onal Interna�onal

Airport Airport

UNLVUNLV

Las Vegas BlvdLas Vegas Blvd

PROPERTY HIGHLIGHTS

High Quality Assets

Recent Construc�on - All 2007 Builds

Low Maintenance Expenses

Stable Rental Income with Rental Increase Opportunity

Mul�ple Exit Strategies

Significant Price Apprecia�on Opportunity

Shannon Smith

Page 4: Investment Single Family Home Portfolio · Las Vegas, NV 89149 Location Highlights Cell 702-809-0203 Office 702-898-0101 Investment Single Family Home Las Vegas | NV | 89120 Bulk

Financial Summery

Cell 702-809-0203

Office 702-898-0101

Investment Single Family Home Las Vegas | NV | 89120 Bulk Sale

5550 Painted Mirage Rd # 140

Las Vegas, NV 89149

INVESTMENT OVERVIEW

Price………………………….…………………………………………………………$3,450,000.00

Price Per Unit………….……………………………………………………………...$230,000.00

CAP Rate………………………………………………………………………………$5.31%

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