2730-2740 E Bonanza Rd | Las Vegas, NV 89101
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2730-2740 E Bonanza Rd
Las Vegas, NV 89101
Value-Add! Only $162 A Square Foot! · Multifamily Property For Sale
·
32 Units
Investment Highlights
- Price per square foot of only $162, well below replacement cost
- All units are large 2-bed/1-bath floor plans
- Current cap rate of 7.03% with a value-add opportunity to bring it up to a 8.29% cap rate
- Value-add opportunity to perform renovations, increase rents, and institute better management
Property Facts
| No. Units | 32 | Lot Size | 1.52 AC |
| Property Type | Multifamily | Building Size | 30,856 SF |
| Property Subtype | Apartment | Average Occupancy | 94% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | B | Year Built | 1983 |
| Zoning | R PD16, Las Vegas - Residential Planned Development | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.52 AC |
| Building Size | 30,856 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1983 |
| Zoning | R PD16, Las Vegas - Residential Planned Development |
Amenities
Site Amenities
- Laundry Facilities
- Property Manager on Site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 32 | $1,500 | 964 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $457,092 | |
| Land Assessment | $263,200 | Total Assessment | $720,292 |
Property Taxes
Parcel Numbers
Land Assessment
$263,200
Improvements Assessment
$457,092
Total Assessment
$720,292
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