2317 Wengert Ave
Las Vegas, NV 89104
Multifamily Property For Sale
·
12 Units
Property Facts
| No. Units | 12 | Building Size | 8,768 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.37/1,000 SF |
| Lot Size | 0.29 AC | ||
| Zoning | R-4, Las Vegas | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 8,768 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.37/1,000 SF |
| Zoning | R-4, Las Vegas |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Laundry Facilities
- Gated
About 2317 WENGERT AVE , LAS VEGAS, NV 89104
Wengert apartments is comprised of one 2 story building housing 12 individually metered 2/1 floor plan units located near downtown Las Vegas. The subject property has a central gated courtyard with 3 access points offering tenants a secure courtyard to enjoy. Gross monthly proforma income is $10,200 and annual net income using a 40% expense model returns a 7.5% CAP. Currently, the property is being operated as transitional independent living and does not collect market rents for the units for leasing of units. The building has a pitched composite shingle roof and all units have central heat/ac. The property has both on and off-street parking with a total of 12 off-street paved spaces for tenants to utilize. The net rentable sqft for this asset is 8,700 sqft with a total lot size of 12,632 sqft.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | - |
Property Taxes
| Parcel Number | 162-01-211-013 | Improvements Assessment | $102,145 |
| Land Assessment | $67,200 | Total Assessment | $169,345 |
Property Taxes
