Fully occupied this turnkey fourplex is located in the desirable Northwest/Summerlin area of Vegas. It offers four spacious 2-bed/2-bath units, each with in-unit laundry and private storage. Super Clean Building. Approximately $50k in interior improvements. Recently Painted Exterior, New Roof installed in 2016. This is a low-maintenance, high-demand asset positioned for value optimization. Actual 7% CAP Rate. Located near Summerlin, tenants benefit from convenient access to shopping, dining, entertainment, and major transit routes. With strong cash flow and long-term appreciation potential.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: Central Furnace
- Heating Fuel: Electric
Land Info
- Lot Size Acres: 0.18
- Lot Size Square Feet: 7841
Other Property Info
- Annual Tax Amount: 1830
- Source Listing Status: Active
- County: Clark
- Directions: West on Smoke Ranch & Jones
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: Charleston Heights Tr #51-f1
- Parcel Number: 138-23-515-002
- Subdivision: Charleston Heights Tr #51-f1
- Property Subtype: Single Family Attached
- Source System Name: C2C
Building and Construction
- Year Built: 1978
- Building Exterior Type: Stucco, Wood
- Property Age: 47
- Structure Type: Multi Family
- House Style: Fourplex