5100 Pebble Beach Blvd - Apartments FOR SALE


Las Vegas, NV 89108- Michael Way
$615,000 USD
702-781-3117
5100 Pebble Beach Blvd, Las Vegas, NV for Sale
$615,000 USD
Apartments - FOR SALE
1/17
null | 8.46% Cap Rate

5100 Pebble Beach Blvd
Las Vegas, NV 89108
Michael Way


HIGHLIGHTS

  • Strong cash-flow opportunity with stable occupancy and significant upside potential through future rent increases and additional income sources. Recen

OVERVIEW

Seller Motivated! same owner owns building next door 5104 pebble beach willing to sell both fully rented most tenants have lived on property for years. Great 4-Plex investment opportunity with tenants already in place! Each unit features 2 bedrooms and 1 bathroom. The same owner is also offering the adjacent property at 5104 Pebble Beach Blvd. A brand-new roof was recently installed, along with one new A/C unit. Strong upside potential with the ability to increase rents by at least $100 per unit, bringing projected income to approximately $64,076 annually and achieving over a 9% cap rate. Additional income potential from laundry and water reimbursements.

FOR SALE DETAILS

PRICE

$615,000 USD

PRICE/SF

$159 USD /SF

# OF UNITS

4

PRICE/UNIT

$153,750

CAP RATE

8.46%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5100 Pebble Beach Boulevard, Las Vegas, Nevad

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

r-4

APN/PARCEL ID

138-25-510-022

ASK ABOUT THIS PROPERTY

Larry StrychalskiInternational Realty LVMore Info
702-781-3117

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Larry StrychalskiInternational Realty LVMore Info
702-781-3117

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