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Puebla Estates Portfolio

6 Multifamily Properties Offered at $4,199,994 in Las Vegas, NV

Investment Highlights

  • Seller will consider a seller carry with a 25%+ down payment
  • Portfolio has undergone exterior and interior renovations, and is well maintained
  • Portfolio is 100% occupied

Executive Summary

Blake Leavitt at KW Commercial is pleased to present the opportunity to acquire a 4260 Vornsand Dr, 4368 Vornsand Dr, 4708 Thunderbolt Ave, 4722 Thunderbolt Ave, 4740 Corsaire Ave, and 4775 Lucite Ln, a 100% occupied fourplex portfolio of 6 fourplexes totaling 24 units in Las Vegas that was built in 1984. The fourplexes are all located in the same development called Puebla Estates. All fourplexes have undergone exterior and interior renovations, and are well maintained. The fourplex portfolio consists of 8 1-bed/1-bath units, 8 2-bed/1-bath units, and 8 3-bed/2-bath units. In addition to the 24 apartment units, there are 24 storage rooms (4 in each building), 6 onsite laundry rooms (1 in each building), and 42 parking spaces (7 at each building). The owner will sell the fourplexes individually or as a portfolio.
***Seller will consider a seller carry with a 25%+ down payment.***

Taxes & Operating Expenses (Actual - 2024)

Annual
Gross Rental Income $326,100
Other Income -
Vacancy Loss -
Effective Gross Income $326,100
Taxes -
Operating Expenses $80,804
Total Expenses $80,804
Net Operating Income $245,296

Taxes & Operating Expenses (Actual - 2024)

Gross Rental Income
Annual $326,100
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $326,100
Taxes
Annual -
Operating Expenses
Annual $80,804
Total Expenses
Annual $80,804
Net Operating Income
Annual $245,296

Property Facts

Price $4,199,994
Price / SF $196.70 / SF
Cap Rate 5.84%
Sale Type Investment
Status Active
Number of Properties 6
Individually For Sale 3
Total Building Size 21,352 SF
Total Land Area 1.26 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
4740 Corsaire Ave, Las Vegas, NV 89115 Multifamily 3,468 SF 1984 $684,999
4260 Vornsand Dr, Las Vegas, NV 89115 Multifamily 3,468 SF 1983 -
4775 Lucite Ln, Las Vegas, NV 89115 Multifamily 3,604 SF 1984 $699,999
4368 Vornsand Dr, Las Vegas, NV 89115 Multifamily 3,604 SF 1984 -
Puebla Estates
4722 Thunderbolt Ave, Las Vegas, NV 89115
Multifamily 3,604 SF 1984 $714,999
Puebla Estates
4708 Thunderbolt Ave, Las Vegas, NV 89115
Multifamily 3,604 SF 1984 -
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  • Listing ID: 33951074

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: Puebla Estates Portfolio, Las Vegas, NV

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