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1881 Big Horn St

4 Unit Apartment Building $799,999 ($200,000/Unit) 12% Cap Rate Pahrump, NV 89048

Investment Highlights

  • New Construction
  • Close to Sanders Family Winery
  • Close to Retail and Restaurants
  • Close to Pahrump Valley Museum, Casinos, and Wildlife Tours

Executive Summary

Brand new 4 plex which consist of four 3 bedroom 2 bathroom units with 2 parking spaces per unit. There is also two handicap surface parking spaces.

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income $96,000 $21.33
Other Income - -
Vacancy Loss - -
Effective Gross Income $96,000 $21.33
Net Operating Income - -

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual $96,000
Annual Per SF $21.33
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $96,000
Annual Per SF $21.33
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $799,999
Price Per Unit $200,000
Sale Type Investment
Cap Rate 12%
Sale Conditions Build to Suit
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Lot Size 0.34 AC
Construction Status Under Construction
Building Size 4,500 SF
Average Occupancy 0%
No. Stories 1
Year Built 2025
Cross Streets Big Horn and Marigold

Unit Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Granite Countertops
  • Walk-In Closets
  • Dining Room
  • Double Pane Windows
  • Vinyl Flooring

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
42-141-17
Land Assessment
$2,241
Improvements Assessment
$0
Total Assessment
$2,241

zoning

Zoning Code MF (Multi Family)
MF (Multi Family)
  • Listing ID: 34111443

  • Date on Market: 12/6/2024

  • Last Updated:

  • Address: 1881 Big Horn St, Pahrump, NV 89048

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