Value-Add Multifamily Property in Opportunity Zone of Las Vegas, NV Heads to Auction June 10th

3782 Palos Verdes Street Paradise, NV 89119

3782 Palos Verdes Street, Paradise, NV, 89119
3782 Palos Verdes Street, Paradise, NV, 89119
FOR SALE Auction Property
Property Type:
MultiFamily Apartments
Amount:
$25,000
Last Verified:
May 07, 2019

Palos Verdes Apartments

  • Investors have the opportunity to acquire a seven-unit, garden-style apartment building in Paradise, NV, through the online CRE auction platform, RealINSIGHT Marketplace.
  • The average unit size of each unit is 834 SF. Of the seven units, four are two-bedroom, one-bath and three are one-bedroom, one-bath.
  • Highlights:
      • Includes Seven Asphalt Parking Spaces
      • Excellent Connectivity
      • Walking Distance to the Las Vegas Monorail
      • Located in an Opportunity Zone
      • Substantial Tax Benefits are Given to a New Sponsor for Substantial Improvements

 

To learn more, visit: http://bit.ly/2JjpvL3


Additional URLs

Map of 3782 Palos Verdes Street, Paradise, NV, 89119

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What are Real Estate Incentives?

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."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.