Updated over 1 year ago on . Most recent reply
2 Off-market 4plex's for sale in Las Vegas, NV
$560,000 asking price on a $620,000 After-Repair-Value (ARV) post cosmetic renovation. Estimated rehab is $60,000.
All units are 2 bed/1 bath, previously leased at 1300/mo. Renovated comps are listed between 1450-1500.
8.5% Return on investment/year PLUS Appreciation (when financed 25% down, ~7.3% interest).
One of the two 4plex's has water damage (may need more work).
Offering
Las Vegas, Nevada