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Browse More Listings in Multifamily For Sale, Las Vegas, NV or Nevada

Multifamily Property For Sale

Tara Vista Apartment

3915 Tara Ave, Las Vegas, NV 89102

Price:
$4,000,000
No. Units:
56
Building Size:
55,000 SF
Price/Unit:
$71,428.57
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
1%
Cap Rate:
9.85%
Occupancy:
99%
No. Stories:
2
Year Built:
1963
Lot Size:
1.43 AC
Tax ID / APN #:
162-07-623-014-5
Find Out More...

Last Verified 10/21/2009 Listing ID 16292149

Description

Great stable income. Great Location. Long term tenant. Very well maintain building, low maintenance. Rent still very low. Always fully rented. All 56 units are two bedroom / One Bath rented for $675. Have upgrade owner Suite. management on site can stay. This apartment had completely remodeled in and out. New Roof, New flooring, New plumping, New Paint. Just come and enjoy your cash flow!! Owner just need retire

From Dessert & Valley View, North on Vally View then West on Tara Ave to Property. Close to Freeway , Strip and China Town

Financial Summary

Unit Mix Information

Debt & Equity Information

Actual
Year
2009
Scheduled Gross Income
$471,900
Effective Gross Income
$471,900
Operating Expenses
$77,865
Net Operating Income
$394,035

Description	No. Units	Avg. Mo. Rent	Sq. Ft.
Two Bed One Bath	56	$675	850

Map of 3915 Tara Ave, Las Vegas, NV 89102 (Clark County)

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Presented by

Elite Realty Inc.

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Contact Listing Broker

Sasipimol Fulmer (702) 743-8991

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Created 6/24/2009

Additional Information for 3915 Tara Avenue, Las Vegas, NV 89102

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.

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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 - Tara Vista Apartment

3915 Tara Ave, Las Vegas, NV, 89102