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4762 Cessna Ave 4 Unit Apartment Building $599,000 ($149,750/Unit) 6.38% Cap Rate Las Vegas, NV 89115
Investment Highlights
- GREAT LOCATION WITH NO HOA
Executive Summary
Great Location with No HOA!
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| 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 | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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 | $599,000 | Apartment Style | Low-Rise |
| Price Per Unit | $149,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 6.38% | Building Size | 4,526 SF |
| Gross Rent Multiplier | 14 | No. Stories | 2 |
| No. Units | 4 | Year Built | 1984 |
| Property Type | Multifamily | Parking Ratio | 1.33/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | C:R-4 - Commercial-Residential High-Density Zone | ||
| Price | $599,000 |
| Price Per Unit | $149,750 |
| Sale Type | Investment |
| Cap Rate | 6.38% |
| Gross Rent Multiplier | 14 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,526 SF |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | C:R-4 - Commercial-Residential High-Density Zone |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | $1,100 | - |
| 1+1 | 2 | $900.00 | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 140-05-710-069 | Total Assessment | $104,693 (2026) |
| Land Assessment | $52,850 (2026) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $51,843 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
140-05-710-069
Land Assessment
$52,850 (2026)
Improvements Assessment
$51,843 (2026)
Total Assessment
$104,693 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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4762 Cessna Ave
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