Las Vegas Rental Portfolio Value Add Opportunity

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Las Vegas Rental Portfolio Value Add Opportunity

Investor · Smithtown, NY · Member since 2012 · 64 posts · 18 votes

To All,

I am the part owner of a Las Vegas condo portfolio. We are seeking bulk buyers for this acquisition. The portfolio criteria is the following:

20 - (2) Bed (2) Bath 1080 sqft units all located in the same complex.  

Complex consists of 78 units total.

Units are 100% Occupied.

Monthly rents range from $550-650 per month.

Yearly Taxes- $300 per unit

Monthly HOA Dues- $195 per unit

Monthly Insurance- $25 per unit

17 units are on yearly leases. 3 units are on month to month.

Majority of the tenants have occupied the units for multiple years. When a unit becomes vacant, the vacancy is typically filled within 30 days.

Highly desirable location. 

Located minutes from the S. Las Vegas Blvd, across from the Wynn Casino.

All inquiries, contact me direct.

Thank You

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