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Income Property in Las Vegas
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Property Description |
The building is newer (1990) townhouse style construction. Four units, the mix is (2) 3 bedroom, 2 bath & (2) two bedroom, 2 bath. Each unit offers a two car garage with private entry, full size washer & dryer and there is a community pool in each neighborhood. All units are individually metered for water & electric.
There is an onsite manager whose responsibilities include screening possible tenants, providing prospective tenants with a brochure, collecting rents, among other duties. The onsite manager reports to the main office where the rents are distributed to the building owners along with a detailed income & expense statement, provided the 15th of every month.
The main office runs monthly color photo advertisements in all the major apartment rental magazines. In addition to this the company maintains their own service personnel & service center that stocks materials for making units rent ready. If a tenant vacates the service crew will make the unit rent ready, there is no need for the owner to hire outside help.
The management fee is 7% of collected rents. There is an HOA fee that covers pool & ground maintenance.
This is a truly turn key real-estate investment.
Income & Expense report provided upon request. |
| Contact person: |
Vincent |
| Seller Type: |
AgentorBroker |
| Phone: |
702-216-2505 |
| Email: |
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| Web Link: |
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| Listing Status: |
For Sale |
| Property Type: |
Fourplex |
| Price($): |
749,999 |
| Street Address: |
6912 Lunarlight Drive |
| City: |
Las Vegas |
| Region: |
Nevada |
| ZIP/Postal Code: |
89128 |
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| Owner Finance: |
No |
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