*PRICE REDUCED* 2883 Wheelwright Drive 4-Plex | 2883 Wheelwright Dr
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*PRICE REDUCED* 2883 Wheelwright Drive 4-Plex 2883 Wheelwright Dr
4 Unit Apartment Building $605,000 ($151,250/Unit) Las Vegas, NV 89121
Investment Highlights
- Above Market Rents
- $750/month HOA assessment fees
- Large 2x2 floorpans
- Washer & Dryer in all units
Executive Summary
Take advantage of this prime multifamily property located in the vibrant Las Vegas valley. Built in 1984, this 3,672 SF building encompasses four spacious units, offering an excellent cash-flowing investment opportunity for a low-rise/garden investor. Each unit features two bedrooms, two baths, and washer and dryer hookups and dedicated office space ensuring modern convenience for tenants. Boasting a desirable R-3 zoning, this property presents an ideal foundation for a profitable venture. Current Ownership proudly supports community and state funded programs such as HopeLink of Southern Nevada, HELP of Southern Nevada and St. Jude’s Ranch for Children.
The property is located on the east side of Las Vegas within minutes of major employment opportunities, fantastic outdoor adventures, terrific shopping, amazing restaurants, and a family-friendly atmosphere. This location provides residents with easy access to the I-95 Freeway and Boulder Highway which is a major arterial way used to access several sectors of the city within minutes.
The property is located on the east side of Las Vegas within minutes of major employment opportunities, fantastic outdoor adventures, terrific shopping, amazing restaurants, and a family-friendly atmosphere. This location provides residents with easy access to the I-95 Freeway and Boulder Highway which is a major arterial way used to access several sectors of the city within minutes.
Data Room Click Here to Access
Financial Summary (Pro forma - 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 (Pro forma - 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 In Escrow
| Price | $605,000 | Property Subtype | Apartment |
| Price Per Unit | $151,250 | Apartment Style | Garden |
| Sale Type | Investment | Building Size | 3,672 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1984 |
| Price | $605,000 |
| Price Per Unit | $151,250 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Size | 3,672 SF |
| No. Stories | 2 |
| Year Built | 1984 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | $1,727 | 918 |
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PROPERTY TAXES
| Parcel Number | 161-08-212-006 | Total Assessment | $96,160 |
| Land Assessment | $36,050 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $60,110 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
161-08-212-006
Land Assessment
$36,050
Improvements Assessment
$60,110
Total Assessment
$96,160
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
zoning
| Zoning Code | RM-18 |
| RM-18 |
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*PRICE REDUCED* 2883 Wheelwright Drive 4-Plex | 2883 Wheelwright Dr
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