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628-630 N 9TH Street Las Vegas, NV 89101

FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$475,000
Last Verified:
Oct 31, 2020

Highlights

  • · Triplex in great location! Walking distance to Downtown Las Vegas Restaurants/Bars/Casinos, Neon Museum and Cashman Field.
  • · Two Dwellings (3 Units): Verified with the city.
  • - Dwelling One: Units fully remodeled in 2018 (1Bed/1Bath) and 2020 (2Bed/1Bath).
  • - Dwelling Two (Home): Built with Permits in 2009 (2Bed/1Bath) 940 square feet Home with central HVAC and Washer Dryer.
  • · Low maintenance landscaping completed in 2020.
  • · Exterior was painted in 2020.
  • · Strong monthly rents with room to increase.
  • · Verified Remodel/Upgrades with invoices.
  • · Professionally managed with property manager for life of ownership.
  • · Leases in place.
  • · Remodeled Turnkey property that is great for new investor, professional investor or live in one unit and rent the other two.
  • · Located in Opportunity Zone.
  • · 4.6% Cap Rate at $475,000 Price.

Description

Rare opportunity for investors to purchase a fully remodeled Triplex in the Downtown Opportunity Zone corridor
walking distance to Las Vegas Restaurants/Bars/Casinos, Neon Museum and Cashman Fields, 2 buildings (verified
with the city), a duplex with a 1/1 and 2/1, second building 2/1 with central A/C and private washer and dryer.
Complete desert landscaping completed in 2020, Painting outside in 2020, All remodeling work can be verified with
invoices. Professionally managed and leases in place. Strong rents with room to increase. Cap Rate at 4.6% at list
price.

From US 95 Proceed North on Las Vegas Blvd, North to Bonanza Rd, East on Bonanza to 9th St. Left to the property
on the right. Alley access at rear of Property

Building Size: 3016.0sq ft
Building Class: C
Lot Size: 0.16 acres

Map of 628-630 N 9TH Street, Las Vegas, NV, 89101

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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