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921 W Leffner Dr - 921 W Leffner Dr 10 Unit Apartment Building Offered at $900,000 at a 10.13% Cap Rate Pahrump, NV 89060



Executive Summary
Shared Living Income Property – Fully Occupied, Turnkey Opportunity!
Newly built in 2025, this expansive 5,180 sq. ft. custom property is purposefully designed for high-demand shared living. Featuring 10 fully furnished en-suite units and 11 total bathrooms, the layout offers both privacy and community appeal.
The main residence includes six en suites, while a detached casita adds four additional en suites, creating a flexible, multi-structure income setup. Each suite is equipped with a private bathroom, kitchenette, and individual mini-split system, ensuring tenant comfort and operational efficiency.
A central shared kitchen and living area provide a welcoming communal space, enhancing tenant experience and retention.
Situated on a full acre with private well and septic, this property offers lower utility overhead and long-term sustainability.
Fully occupied and income-producing, this is a rare turnkey investment ideal for co-living, multi-generational housing, or portfolio expansion.
Property is configured and represented by the seller as compliant with applicable local zoning and use requirements for its current operation.
Newly built in 2025, this expansive 5,180 sq. ft. custom property is purposefully designed for high-demand shared living. Featuring 10 fully furnished en-suite units and 11 total bathrooms, the layout offers both privacy and community appeal.
The main residence includes six en suites, while a detached casita adds four additional en suites, creating a flexible, multi-structure income setup. Each suite is equipped with a private bathroom, kitchenette, and individual mini-split system, ensuring tenant comfort and operational efficiency.
A central shared kitchen and living area provide a welcoming communal space, enhancing tenant experience and retention.
Situated on a full acre with private well and septic, this property offers lower utility overhead and long-term sustainability.
Fully occupied and income-producing, this is a rare turnkey investment ideal for co-living, multi-generational housing, or portfolio expansion.
Property is configured and represented by the seller as compliant with applicable local zoning and use requirements for its current operation.
Property Facts
| Price | $900,000 | Apartment Style | Single-Family Home |
| Price Per Unit | $90,000 | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 5,180 SF |
| Cap Rate | 10.13% | Average Occupancy | 100% |
| Sale Condition | Bulk/Portfolio Sale | No. Stories | 1 |
| Gross Rent Multiplier | 7.89 | Year Built | 2025 |
| No. Units | 10 | Opportunity Zone |
Yes
|
| Property Type | Multifamily | ||
| Zoning | R1 Single Family - R1 | ||
| Price | $900,000 |
| Price Per Unit | $90,000 |
| Sale Type | Investment |
| Cap Rate | 10.13% |
| Sale Condition | Bulk/Portfolio Sale |
| Gross Rent Multiplier | 7.89 |
| No. Units | 10 |
| Property Type | Multifamily |
| Apartment Style | Single-Family Home |
| Lot Size | 1.00 AC |
| Building Size | 5,180 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2025 |
| Opportunity Zone |
Yes |
| Zoning | R1 Single Family - R1 |
Amenities
- Smoke Detector
Unit Amenities
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Ceiling Fans
- Kitchen
- High Speed Internet Access
- Refrigerator
- Range
- Breakfast Nook
- Dining Room
- Island Kitchen
- Porch
- Recreation Room
- Smoke Free
- Large Bedrooms
Site Amenities
- Individual Locking Bedrooms
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 29-872-03 | Improvements Assessment | $0 |
| Land Assessment | $5,702 | Total Assessment | $5,702 |
Property Taxes
Parcel Number
29-872-03
Land Assessment
$5,702
Improvements Assessment
$0
Total Assessment
$5,702
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921 W Leffner Dr - 921 W Leffner Dr
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