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Palm Terrace
2317 Wengert, Las Vegas, NV 89104
Front Elevation
N/A
12
8,568 SF
Multifamily
Garden/Low-Rise
Investment
3%
4%
5.84
50%
2
1962
12,632 SF
162-01-211-013
1 / 1,000 SF
-
Last Verified 4/5/2010
Listing ID 16099313
Highlights
Price Reduction- Great Assumable w/qualifying ARM loan
- Professionally Managed
- 12 2-Bedroom Units
- Upside Potential
- Recent New Roof
Description
Older 12-Unit building in decent condition, great for a hands-on investor. This building is part of a large complex of buildings, each one individually owned. Complex offers an optional co-operative management association, however this building is professionally managed by Desert Realty.
PRIVATE FINANCING AVAILABLE AT GREAT TERMS!
Older, mature area centrally located. Minutes to major shopping, freeways; Mostly SFR & multi-family, with some small conversions to professional on Eastern. This centrally located 12-plex is in a fully established area featuring schools, restaurants, employment, shopping, bus routes, freeway access, and entertainment, all within walking distance.
Historically, the downtown area has been a popular rental area for hotel/casino employees as well as those employed on the Strip and in local businesses.
This building offers potential purchasers a great opportunity to acquire multiple rental units at a low per-unit cost, and should be especially profitable for a hands-on on-site owner/manager.
Map of 2317 Wengert, Las Vegas, NV 89104 (Clark County)
Created 2/11/2009
Additional Information for 2317 Wengert Avenue, Las Vegas, NV 89104
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P