Putnam Apartments | 1420 Putnam Ave
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Putnam Apartments 1420 Putnam Ave
8 Unit Apartment Building $1,500,000 ($187,500/Unit) 6% Cap Rate North Las Vegas, NV 89030
Executive Summary
Fully Occupied 8-Plex, All Units Remodeled, New Central Air, New Paint, New Windows, Great Tenants that All Pay on Time
Pride of Ownership by Owner-Licensee, have Poured a Lot into this Gem Over the Last 4 Years
Pride of Ownership by Owner-Licensee, have Poured a Lot into this Gem Over the Last 4 Years
Data Room Click Here to Access
Property Facts
| Price | $1,500,000 | Building Class | C |
| Price Per Unit | $187,500 | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 6,913 SF |
| Cap Rate | 6% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1954/2023 |
| Property Subtype | Apartment | Parking Ratio | 1.16/1,000 SF |
| Apartment Style | Low Rise |
| Price | $1,500,000 |
| Price Per Unit | $187,500 |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 6,913 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1954/2023 |
| Parking Ratio | 1.16/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
| 3+1 | 4 | - | - |
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Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 139-14-810-030 | Improvements Assessment | $59,877 |
| Land Assessment | $47,600 | Total Assessment | $107,477 |
PROPERTY TAXES
Parcel Number
139-14-810-030
Land Assessment
$47,600
Improvements Assessment
$59,877
Total Assessment
$107,477
zoning
| Zoning Code | R-2 (Multi Family) |
| R-2 (Multi Family) |
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Putnam Apartments | 1420 Putnam Ave
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