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5801 W Washington Ave 5 Unit Apartment Building $850,000 ($170,000/Unit) 7.29% Cap Rate Las Vegas, NV 89107
Executive Summary
5 UNIT COMPLEX FULLY LEASED AND READY FOR A NEW INVESTOR/OWNER. ALL UNITS HAVE ASSIGNED PARKING, PRIVATE BACKYARD, AND WASHER AND DRYERS. TWO OF THE FIVE UNITS HAVE BEEN RECENTLY RENOVATED. THS PROPERTY IS BEING OFFERED AT A 7.29 CAP BASED ON 2025 FINANCIALS. PLEASE REACH OUT TO THE LISTING AGENT FOR FINANCIALS, RENT ROLL, AND ANY QUESTIONS.
Property Facts
| Price | $850,000 | Apartment Style | Low-Rise |
| Price Per Unit | $170,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 7.29% | Building Size | 5,056 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1970 |
| Zoning | R-3 | ||
| Price | $850,000 |
| Price Per Unit | $170,000 |
| Sale Type | Investment |
| Cap Rate | 7.29% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 5,056 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1970 |
| Zoning | R-3 |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
- Yard
- Porch
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1.5 | 1 | $1,050 | 900 |
| 3+1.5 | 2 | $1,325 | 1,050 |
| 2+1 | 2 | $1,073 | 1,000 |
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Property Taxes
| Parcel Number | 138-25-312-001 | Improvements Assessment | $56,921 |
| Land Assessment | $46,200 | Total Assessment | $103,121 |
Property Taxes
Parcel Number
138-25-312-001
Land Assessment
$46,200
Improvements Assessment
$56,921
Total Assessment
$103,121
Contact
-
Chris Sugden -
KRSW Commercial
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