525 13th St. South - Health Care FOR SALE


Las Vegas, NV 89101- Downtown Las Vegas
$950,000 USD
702-610-7604
525 13th St. South, Las Vegas, NV for Sale
$950,000 USD
Health Care - FOR SALE
1/19
null | Request Cap Rate

525 13th St. South
Las Vegas, NV 89101
Downtown Las Vegas


OVERVIEW

LAS VEGAS, FASTEST GROWING CITY IN USA THE BOOT GROUP COMMERCIAL & RESIDENTIAL PROPERTIES VENTURE CAPITAL REAL ESTATE ACQUISITIONS 702-610-7604 (CELL) BOOTGROUP@COX.NET BOOMING LAS VEGAS 525 SOUTH 13TH ST, LAS VEGAS, NV 90109 1 MILE TO LAS VEGAS STRIP, 10 MINS AIRPORT $950,000 JUST LISTED SELLER JUST RETIRED A VERY RARE OPPORTUNITY FOR SAVVY INVESTOR LICENSED GROUP PROPERTY ZONED R-4 AS: COMMUNITY TRANSITIONAL LIVING PURPOSES LICENSED AS NEVADA HOME FOR YOUTH ASSIGNABLE TO ANY NEW OWNER'S DIFFERENT GROUP NAME PHENOMENAL INCOME POTENTIAL CAP RATE 42% PER YEAR ON $950,000 SALE PRICE Property was Totally Upgraded at Massive Expense 2025 BUYERS TO ELECT WHATEVER USE OF THE PROPERTY THEY DECIDE AND MAKE THEIR OWN PROFORMAS OF REVENUE TO THEIR OWN PROPOSED USE CA BROKER 06715 MALCOLM BOOT NV 0055504 $5 BILLION IN 4600 PROPERTIES PERSONALLY SOLD Including 484 homes in Celebrity-Famous Las Vegas Country Club LAS VEGAS, FASTEST GROWING CITY IN USA THE BOOT GROUP COMMERCIAL & RESIDENTIAL PROPERTIES VENTURE CAPITAL REAL ESTATE ACQUISITIONS 702-610-7604 (CELL) BOOTGROUP@COX.NET PROFORMA INCOME WITH 16 CLIENTS Each occupant $100 per day, 30 days monthly, many staying several months, mostly no vacancy GROSS DAILY INCOME: $100 × 16 = $1,600 GROSS MONTHLY: $1,600 × 30 = $48,000 GROSS ANNUAL: $48,000 × 12 = $586,000 LESS vacancy factor 10% max: $58,600 Adjusted Gross: $527,400 TOTAL ESTIMATED EXPENSES Property taxes 2026: $6,487 Insurance (est): $9,000 Utilities & Cable: $10,000 Staff salaries (variable): $60,000 Food & beverages est: $40,000 Capital expenses: $00,000 TOTAL est EXPENSES: $126,000 Net Operating Income: $400,000 CAP RATE IS 42% PER YEAR ON $950,000 SALE PRICE CA BROKER 06715 MALCOLM BOOT NV 0055504 $5 BILLION IN 4600 PROPERTIES PERSONALLY SOLD Including 484 homes in Celebrity-Famous Las Vegas Country Club AMERICAN REALTY PROPERTIES LAS VEGAS, FASTEST GROWING CITY IN USA THE BOOT GROUP COMMERCIAL & RESIDENTIAL PROPERTIES VENTURE CAPITAL REAL ESTATE ACQUISITIONS 702-610-7604 (CELL) BOOTGROUP@COX.NET RARE R-4 ZONED FOR COMMUNITY TRANSITIONAL LIVING PURPOSES WITH PRESENT TRANSFERABLE LICENSE AS "NEVADA HOME FOR YOUTH" FULLY ASSIGNABLE TO ANY OTHER GROUP ASSOCIATION'S NAME — NO PROBLEM SUCH AS: A) HALF WAY HOUSE B) ASSISTED LIVING C) VA INJURED VETERANS D) ALZHEIMERS & DEMENTIA GROUPS E) NV HOMES FOR YOUTH (as present) F) POST SURGERY PATIENTS And likely many other groups. CA BROKER 06715 MALCOLM BOOT NV 0055504 $5 BILLION IN 4600 PROPERTIES PERSONALLY SOLD Including 484 homes in Celebrity-Famous Las Vegas Country Club AMERICAN REALTY PROPERTIES LAS VEGAS, FASTEST GROWING CITY IN USA THE BOOT GROUP COMMERCIAL & RESIDENTIAL PROPERTIES VENTURE CAPITAL REAL ESTATE ACQUISITIONS 702-610-7604 (CELL) BOOTGROUP@COX.NET 525 SOUTH 13TH ST, LAS VEGAS, NV 90109 TOTALLY UPGRADED & REMODELED — BETTER THAN NEW Approx. 5500 SQ FT — DETACHED SOLID 1-STORY MASONRY & STUCCO HI CEILINGS — FULLY FURNISHED & EQUIPPED 8 GIANT BEDROOMS (APPX. 20×15 — CAN SLEEP 24 GUESTS COMFORTABLY) 8 FLAT SCREEN TVs FITNESS CENTER GAMES ROOM HUGE REC/LEARNING HALL (40×25) MANAGER'S OFFICE MASSIVE GROUP KITCHEN — FEEDS 25 BIG SKYLIGHTS SAUNA HIGH-FENCED SECURED 4/10 ACRE GROUNDS IDEAL FOR BASKETBALL OR PICKLEBALL COURT 9-CAR PARKING SHOWN STRICTLY BY APPOINTMENT WITH PROOF OF FUNDS THROUGH LISTING AGENT Call, text, or e-mail "YOU MISS EVERY SHOT YOU DON’T TAKE" CA BROKER 06715 MALCOLM BOOT NV 0055504 $5 BILLION IN 4600 PROPERTIES PERSONALLY SOLD Including 484 homes in Celebrity-Famous Las Vegas Country Club AMERICAN REALTY PROPERTIES

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R4, Las Vegas

APN/PARCEL ID

139-34-811-056

ASK ABOUT THIS PROPERTY

Malcolm BootAmerican Realty & Property ManagementMore Info
702-610-7604

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Malcolm BootAmerican Realty & Property ManagementMore Info
702-610-7604

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