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EXECUTIVE SUMMARY
Introducing a promising investment opportunity: a well-maintained 4-plex built in 1960, offering four identical units. Each unit boasts 2 bedrooms, 1 bathroom, and approximately 885 square feet of comfortable living space. The exterior showcases a classic mid-century design of freshly painted stucco, exuding timeless appeal. Inside, the units maintain their original charm while featuring modern upgrades. With functional kitchens, ample storage, and vintage aesthetics, these units offer a unique and appealing living experience. The property's location in a centrally located neighborhood that ensures convenient access to amenities, schools, parks, and transportation hubs. Investors can capitalize on the property's fair to good condition by implementing strategic renovations to increase its market value and rental income potential. With rising property values, this 4-plex holds considerable long-term appreciation prospects, making it an enticing opportunity for savvy investors.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $559,950 | Lot Size | 0.19 AC |
| Price Per Unit | $139,988 | Building Size | 3,540 SF |
| Sale Type | Investment | Average Occupancy | 95% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 1.69/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R3, Las Vegas | ||
| Price | $559,950 |
| Price Per Unit | $139,988 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 3,540 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.69/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R3, Las Vegas |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 885 |
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PROPERTY TAXES
| Parcel Number | 139-26-513-007 | Total Assessment | $75,341 |
| Land Assessment | $42,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $33,341 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
139-26-513-007
Land Assessment
$42,000
Improvements Assessment
$33,341
Total Assessment
$75,341
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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1300 N 22nd St
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