This FULLY OCCUPIED fourplex is a picture-perfect investment opportunity in a well-maintained HOA community. Each of the four 2-bedroom, 1-bathroom units is leased to qualified tenants, providing a current cap rate of 6%. The units feature vinyl laminate flooring throughout, cozy fireplaces in the family rooms, and kitchens equipped with sleek white cabinets, breakfast bars, and all necessary appliances. The bathrooms include tile shower and tub combos. Each unit also comes with a washer and dryer for added convenience to residents. The community offers well-kept grounds, large trees, a play area, and a pool, with on-site management available for easy maintenance. This is an exceptional opportunity for investors looking for a solid, income-generating property!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: Central Furnace
- Heating Fuel: Electric
Land Info
- Lot Size Acres: 0.19
- Lot Size Square Feet: 8276
Garage and Parking
- Parking Features: Paved or Surfaced
- Parking Total: 4
Other Property Info
- Annual Tax Amount: 1931
- Source Listing Status: Pending
- County: Clark
- Directions: From Lamb and Lake Mead - west on Lake Mead; enter Cape Cod Villas on Dwarf Star; right on Orbit; left on Cosmic. Property on right. Building #46.
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: Lake Mead Villas
- Parcel Number: 140-19-712-006
- Subdivision: Lake Mead Villas
- Property Subtype: Single Family Attached
- Source System Name: C2C
Building and Construction
- Year Built: 1987
- Building Exterior Type: Stucco, Wood
- Property Age: 37
- Roof: Composition Shingle
- Structure Type: Multi Family
- House Style: Fourplex