1709 Fairfield Ave - Apartments FOR SALE


Las Vegas, NV 89102- Meadows Village
$1,400,000 USD
702-505-0959
1709 Fairfield Ave, Las Vegas, NV for Sale
$1,400,000 USD
Apartments - FOR SALE
1/24
null | 6.48% Cap Rate

1709 Fairfield Ave
Las Vegas, NV 89102
Meadows Village


OVERVIEW

Located in an exceptionally convenient area, it is peaceful and quiet amidst the hustle and bustle. This 7-unit apartment building features a desirable North-South orientation, ensuring excellent natural light throughout the year and energy efficiency—keeping interiors warm in the winter and cool in the summer. This property has No HOA fee (It can save several hundred $ per month), maximizing your net operating income. * Occupancy: 100% Leased * 6 Units: 2-Bedroom / 1-Bathroom (Rented at $1,100/month each) * 1 Unit: 1-Bedroom / 1-Bathroom (Rented at $900/month) (now the rental price is lower than the market price). No gas, Electricity only. There are gated fences with door locks on both the east and west sides, All the units have replaced their cabinets and countertops of Kitchen and bathroom, Almost all the units with waterproof floors, Almost all the units changed to double-glazed Windows and doors. Sale as is.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$215 USD /SF

# OF UNITS

7

PRICE/UNIT

$200,000

CAP RATE

6.48%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R-4

APN/PARCEL ID

162-04-710-149

ASK ABOUT THIS PROPERTY

Zhiyi ZhangVertex Realty & Property Management LLCMore Info
702-505-0959

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Zhiyi ZhangVertex Realty & Property Management LLCMore Info
702-505-0959

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.