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Browse More Listings in Multifamily For Sale, Caliente, NV or Nevada

Multifamily Property For Sale

30 Units North of Las Vegas

150 Minnie Street, Caliente, NV 89008

Price:
$700,000
No. Units:
30
Building Size:
0 SF
Price/Unit:
$23,333.33
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Occupancy:
99%
Year Built:
1980
Find Out More...

Last Verified 10/27/2009 Listing ID 14784141

Description

30 Units for only $700,000. 100% Occupied. Caliente is growing has a new clinic. Currently a HUD loan in place of $158,000 that must be assumed at 8% expires July of 2011. Will have to go Cash to Loan. Serious Buyers Only Please. See attachment for 2006 actuals.

Caliente Apartments is located 140 miles North East of Las Vegas.

Financial Summary

Unit Mix Information

Proforma
Year
2006
Scheduled Gross Income
$181,200
Income Item
$1,600
Effective Gross Income
$182,800
Maintenance
$76,745
Taxes
$14,151
Insurance
$10,154
Other Expenses
$630
Total Expenses
$101,680
Net Operating Income
$81,120

Description	No. Units
1BR/1BA	8
2BR/1BA	16
3BR/2BA	6

Map of 150 Minnie Street, Caliente, NV 89008 (Lincoln County)

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Presented by

Egan Commercial

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Contact Listing Broker

Egan Commercial Real Estate (775) 284-4444

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Created 9/7/2006

Additional Information for 150 Minnie Street, Caliente, NV 89008

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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.

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Multifamily Property For Sale - 30 Units North of Las Vegas

150 Minnie Street, Caliente, NV, 89008