1615 S Mojave Rd
Las Vegas, NV 89104
Trailerdale · Multifamily Property For Sale · 1,639 SF
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PROPERTY FACTS
No. Units | 53 |
Property Type | Multifamily |
Property Subtype | Manufactured Housing/Mobile Home |
Building Class | C |
Lot Size | 5.39 AC |
Building Size | 1,639 SF |
No. Stories | 1 |
Year Built | 1954 |
ABOUT 1615 S MOJAVE RD , LAS VEGAS, NV 89104
Centrally located on 5.39 acres, and in an Opportunity Zone. Provides consistent cash flow, with low expenses. Landlord provides water, sewer and trash disposal. Electricity is separately metered and paid by tenants. All spaces are rented month-to-month. Less than half of the total land is used for the trailer/mobile home park. The remainder is used for outdoor vehicle storage. A more efficient operator should be able to increase revenue substantially. Strong long-term upside as a redevelopment site for commercial, industrial, multifamily or mixed-use. MUD-3 overlay allows for density of up to 32 units per acre. Opportunity zone may provide considerable tax advantages by utilizing a new development and long-term ownership strategy. There are 3 double-wide spaces which rent for $500; 15 single-wide spaces which rent for $400 ($650 in park-owned single wide units); 35 RV spaces which rent for $350 ($450 in park-owned RV's). There are 2 single-wide units and 9 RV's which are owned by the park. The RV/auto storage rent is $40 for tenants and $50 for non-tenants.
ZONING
Zoning Code | H-2, C-2 |
Listing ID: 15364836
Date on Market: 3/6/2019
Last Updated:
Address: 1615 S Mojave Rd, Las Vegas, NV 89104
The Sunrise Manor Multifamily Property at 1615 S Mojave Rd, Las Vegas, NV 89104 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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