1967 Linn Ln - Apartments FOR SALE


Las Vegas, NV 89156- Sunrise Manor
$724,900 USD
702-768-5755
1967 Linn Ln, Las Vegas, NV for Sale
$724,900 USD
Apartments - FOR SALE
1/23
null | 6.5% Cap Rate

1967 Linn Ln
Las Vegas, NV 89156
Sunrise Manor


OVERVIEW

Discover an exceptional investment opportunity in a tranquil residential setting, perfectly blending privacy with unparalleled convenience. This unique property features (6) UNITS, offering a diverse portfolio for savvy investors. It includes (4) two-bedroom, one-bathroom units and (2) separate comfortable studio units, providing a range of living options. Significant VALUE-ADD potential exists through the current under-market rents. Residents will appreciate the serene environment and the added security of a gated property, ensuring a peaceful lifestyle. The generous 8,276 square foot lot offers ample outdoor space. Strategically located, this property provides easy access to Lake Mead Blvd with a variety of shopping destinations. This is an ideal acquisition for those seeking a robust income-generating asset in a desirable quiet living community.

FOR SALE DETAILS

PRICE

$724,900 USD

PRICE/SF

$227 USD /SF

# OF UNITS

6

PRICE/UNIT

$120,817

CAP RATE

6.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Linn Lane Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

140-21-702-004

ASK ABOUT THIS PROPERTY

Richard CrightonRothwell Gornt CompaniesMore Info
702-768-5755

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Richard CrightonRothwell Gornt CompaniesMore Info
702-768-5755

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