529 Calcaterra Cir
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529 Calcaterra Cir
6 Unit Apartment Building $735,000 ($122,500/Unit) 7.16% Cap Rate Las Vegas, NV 89119
Investment Highlights
- Centrally located near Las Vegas Strip major hotels
- Close to major employment centers and shopping centers
- All units remodeled with granite countertops and laminate wood floors
Executive Summary
6 unit apartment building centrally located near Las Vegas Strip major hotels! Close to major employment centers and shopping
All units remodeled with granite countertops and laminate wood flooring. All 1 bedroom 1 bathroom unit with great floorplan.
3 units are currently leased and 3 units are in turnover.
All units remodeled with granite countertops and laminate wood flooring. All 1 bedroom 1 bathroom unit with great floorplan.
3 units are currently leased and 3 units are in turnover.
Data Room Click Here to Access
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $735,000 | Apartment Style | Low Rise |
| Price Per Unit | $122,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 7.16% | Building Size | 4,308 SF |
| Sale Conditions | High Vacancy Property | Average Occupancy | 50% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $735,000 |
| Price Per Unit | $122,500 |
| Sale Type | Investment |
| Cap Rate | 7.16% |
| Sale Conditions | High Vacancy Property |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,308 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1963 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $900.00 | 637 |
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Walk Score ®
Very Walkable (78)
Bike Score ®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 162-15-411-037 | Improvements Assessment | $49,084 (2024) |
| Land Assessment | $43,050 (2024) | Total Assessment | $92,134 (2024) |
PROPERTY TAXES
Parcel Number
162-15-411-037
Land Assessment
$43,050 (2024)
Improvements Assessment
$49,084 (2024)
Total Assessment
$92,134 (2024)
zoning
| Zoning Code | H1 |
| H1 |
-
Mariko Meek -
Key Realty LLC
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