5104 Pebble Beach Blvd - Apartments FOR SALE


Las Vegas, NV 89108- Michael Way
$615,000 USD
702-781-3117
5104 Pebble Beach Blvd, Las Vegas, NV for Sale
$615,000 USD
Apartments - FOR SALE
1/39
null | 8.46% Cap Rate

5104 Pebble Beach Blvd
Las Vegas, NV 89108
Michael Way


HIGHLIGHTS

  • 8.46% CAP RATE at $615,000 asking price based on current NOI of $52,044 annually. Potential to exceed 9% cap rate with projected rent increases and ad

OVERVIEW

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

$192 USD /SF

# OF UNITS

4

PRICE/UNIT

$153,750

CAP RATE

8.46%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5104 Pebble Beach

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

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

L:R-3

APN/PARCEL ID

138-25-510-021

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.