4300 N Lamont St - Apartments FOR SALE


Las Vegas, NV 89115- Sunrise Manor
$825,000 USD
702-809-8387
4300 N Lamont St, Las Vegas, NV for Sale
$825,000 USD
Apartments - FOR SALE
1/88
null | 4.89% Cap Rate

4300 N Lamont St
Las Vegas, NV 89115
Sunrise Manor


HIGHLIGHTS

  • 100% occupied condo portfolio of 4 condos in Las Vegas that are all in the same area for ease of management
  • All units have undergone exterior and interior renovations, and are well maintained
  • All units have full appliance packages with washers and dryers, outdoor storage rooms, and ample parking
  • Attractive financing is available for this portfolio with an interest rate as low as 5.5% with a minimum of 15% down

OVERVIEW

Blake Leavitt at KW Commercial is proud to present the opportunity to acquire a 100% occupied condo portfolio of 4 condos in Las Vegas that are all in the same area for ease of management. The 4 condos are located at 4300 N Lamont St #249-#270-#291 that were built in 1984, and 4437 Dover Straight St #301 that was built in 2010. All 4 condos are located in the Northeast Las Vegas submarket, providing efficient access to Downtown Las Vegas, the Las Vegas Strip, Nellis Air Force Base, Apex Industrial Park, and the growing North Las Vegas industrial corridor, which continues to attract significant logistics and manufacturing investment. The surrounding area benefits from strong workforce housing demand driven by nearby industrial employment centers, national distribution facilities, and ongoing population growth throughout Southern Nevada, making this fourplex portfolio well-positioned to capitalize on continued renter demand in one of the region’s key workforce housing corridors. The 3 condos at 4300 N Lamont St consist of 3 large 2-bed/2-bath units that are 864 square feet, and the condo at 4437 Dover Straight St is a large 3-bed/2-bath unit that is 1,539 square feet. There are full appliance packages with washers and dryers in every unit, outdoor storage rooms, and ample parking. All units have undergone exterior and interior renovations, and are well maintained. The owner will sell the condos individually or as a portfolio. ***Attractive financing is available for this portfolio with an interest rate as low as 5.5% with a minimum of 15% down, 5 year fixed rate term, 30 year amortization, and no prepayment penalty.***

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$200 USD /SF

# OF UNITS

4

PRICE/UNIT

$206,250

CAP RATE

4.89%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Craigmont Villas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.61 AC

LAND SF

26,417 SF

ZONING

C:R-4

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Blake LeavittKW CommercialMore Info
702-809-8387

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Blake LeavittKW CommercialMore Info
702-809-8387

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