1533-1537 Cobb Lane - Multiplex Bldgs
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1533-1537 Cobb Lane - Multiplex Bldgs
2 Multifamily Properties Offered at $1,300,000 in Las Vegas, NV
Investment Highlights
- Value-add opportunity
Executive Summary
Excellent value-add opportunity! This multifamily property offers eight units consisting of 2 buildings side by side, six with 2 bedrooms and 1 bathroom, and two with 2 bedrooms and 2 bathrooms, totaling 16 bedrooms and 12 bathrooms across 6,584 square feet. Each unit features vinyl/carpet/tile flooring, ceiling fans, fully equipped kitchens, and ample storage. Situated in a convenient location with a Walk Score® of 74, tenants have easy access to shopping, parks, and schools. With current income in place and significant potential for increased returns through updates or rental adjustments, this property is a solid investment opportunity.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $1,300,000 | Number of Properties | 2 |
| Price / SF | $197.45 / SF | Individually For Sale | 0 |
| Cap Rate | 7.68% | Total Building Size | 6,584 SF |
| Sale Type | Investment | Total Land Area | 0.34 AC |
| Status | Active |
| Price | $1,300,000 |
| Price / SF | $197.45 / SF |
| Cap Rate | 7.68% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,584 SF |
| Total Land Area | 0.34 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1533 Cobb Ln, Las Vegas, NV 89101 | Multifamily | 3,292 SF | 1979 | - |
| 1537 Cobb Ln, Las Vegas, NV 89101 | Multifamily | 3,292 SF | 1979 | - |
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1533-1537 Cobb Lane - Multiplex Bldgs
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