1635 Palm St | Henderson, NV 89011
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1635 Palm St
Henderson, NV 89011
The Palms Apartments · Multifamily Property For Sale · 25 Units
Investment Highlights
- Diverse Mix of Unit Types Including Studio, One-Bedroom, Two-Bedroom, & Three-Bedroom Floor Plans
- Current Ownership Has Recently Invested Significant Capital Into Interior & Exterior Improvements
- Buyer to Achieve 5.45 CAP Rate Year 1
- Single-Story Construction, Ample Parking, & Private Patios (Select Units)
- Excellent Henderson Location Just East of Interstate 515 & Just North of Henderson's Popular Water Street District
PROPERTY FACTS
| No. Units | 25 | Lot Size | 1.08 AC |
| Property Type | Multifamily | Building Size | 12,180 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low Rise | No. Stories | 1 |
| Building Class | B | Year Built | 1967 |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 1.08 AC |
| Building Size | 12,180 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1967 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | 200 - 400 |
| 1+1 | 8 | - | 300 - 600 |
| 2+1 | 6 | - | 520 - 735 |
| 3+2 | 1 | - | 800 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $42,103 | |
| Land Assessment | $111,443 | Total Assessment | $153,546 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$111,443
Improvements Assessment
$42,103
Total Assessment
$153,546
zoning
| Zoning Code | MC |
| MC |
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