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WW Apartments 1720 Weeping Willow Ln

5 Unit Apartment Building $499,000 ($99,800/Unit) 12.03% Cap Rate Las Vegas, NV 89104

Investment Highlights

  • Recently Renovated, Great Outdoor space

Executive Summary

Unheard of Investment Opportunity! This single-family property has been transformed into a lucrative investment with four main units and a bonus standalone unit in the back. Complete with recent updates including new floors, updated bathrooms, and renovated kitchens, the property offers immediate high cash flow. With the property being fully occupied, the current CAP rate exceeds an impressive 11%. Don't miss out on this exceptional opportunity!

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $499,000
Price Per Unit $99,800
Sale Type Investment
Cap Rate 12.03%
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Single Family Home
Building Class C
Lot Size 0.13 AC
Building Size 2,390 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1955/2023

Unit Amenities

  • Air Conditioning

Site Amenities

  • Courtyard
  • Fenced Lot
  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 $800.00 -
1+1 3 $950.00 -
2+1 1 $1,295 -

zoning

Zoning Code R-1
R-1
  • Listing ID: 32640695

  • Date on Market: 7/31/2024

  • Last Updated:

  • Address: 1720 Weeping Willow Ln, Las Vegas, NV 89104

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