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52355 Nevada Highway 376 6 Unit Apartment Building $299,000 ($49,833/Unit) 10% Cap Rate Round Mountain, NV 89045

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INVESTMENT HIGHLIGHTS

  • With room to increase substantially, it is a captured market in this Gold Mine area
  • Almost always 100% occupancy with a with a waiting list.

EXECUTIVE SUMMARY

GREAT 3-BUILDING WITH 6 UNITS, SELF-SUFFICIENT MONEY MAKER! THIS PROPERTY HAS 6 UNITS THAT IS 100% OCCUPIED WITH A WAITING LIST. THIS PROPERTY HAS ALWAYS BEEN 100% OCCUPIED SINCE OWNER BOUGHT IT. DON'T MISS THIS OPPORTUNITY!

FINANCIAL SUMMARY (ACTUAL - 2023) 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 - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2023) 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 -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $299,000
Price Per Unit $49,833
Sale Type Investment
Cap Rate 10%
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 3.10 AC
Building Size 4,536 SF
Average Occupancy 100%
No. Stories 1
Year Built 1990

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Refrigerator
  • Sprinkler System
  • Tub/Shower
  • Freezer
  • Listing ID: 32288690

  • Date on Market: 6/28/2024

  • Last Updated:

  • Address: 52355 Nevada Highway 376, Round Mountain, NV 89045

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