One Bedroom Condo Search - Las Vegas/Henderson

[Michael Robbins]

I have recently been looking at Las Vegas/Henderson one bedroom condominiums for some of my investor clients. One bedroom units have not always been on my radar and I found it may be an interesting option.  So far, I have found a few options worth exploring and wanted to share:

• Rental Rate $975-1,100m
• Price point $130-140,000 (built late 90s and early 2000s)
• HOA $150m (including water - I would charge back a fixed amount of at least $25m along with the tenant rent)
• Annual taxes $500-600