This Multifamily Property is Off-Market.

1101 S Quartzite
Pahrump, NV 89048 ·

3 Units · Multifamily For Sale

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2004 Triplex w/room for 1 more unit

Price N/A Gross Rent Multiplier 39.23
No. Units 3 Occupancy 100%
Building Size 2,560 SF No. Stories 1
Property Type Multifamily Year Built 2004
Property Sub-type Duplex/Triplex/Fourplex Lot Size 15,000 SF
Property Use Type Investment APN / Parcel ID 39-475-11
Commission Split 3% Parking Ratio 5 / 1,000 SF
Cap Rate 0.03%
Listing ID: 14847375 Date Created: 10/19/2006 Last Updated: 03/07/2008

Description

Two units attached each w/2 car garage (built 2004) and one seperate stand alone unit w/carport (built 2005). Room to build 4th unit if desired. Possible RV hook up. All units in excellent condition only 2 years old......Rents are under market possible NOI 24K+..... Owner will carry with 225K down! Close to town, shopping, schools, golf, & casino.

Located approx. 60 miles from Las Vegas, Pahrump has become a bedroom coomunity offering a huge opportunity for investors.
Pahrump Facts:
March 2006, Pahrump Valley Times-"Population willdouble within 10 years.....
March 2006, Nevada Association of REALTORS- Nye County (Pahrump) 6th fastest growing County in the nation.
January 2006, Vegas Magazine-Average growth 12.2% per year...Pahrump is poised for serious growth...
June 2004, Wall Street Journal (front page)-Pahrump, Nevada second fastest "micropolis" in the nation...

Highlights

  • Close to town, shopping, schools, golf, & casino.
  • Motivated Seller!!
  • Huge opportunity for investors.
  • Low Maintenance
  • March 2006-Nye Co. 6th fastest growing County in the nation

Research

1101 S Quartzite, Pahrump, NV 89048 (Nye County)

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