2257 Exeter Dr, Las Vegas, NV 89156

2257 Exeter Drive is a fourplex built in 1983, located on a 7, 405 SF lot in the Sunrise Mountain area. The property boasts 3, 692 SF of living space, consisting of four 2-bedroom, 2-bathroom units, each with a private laundry room. The two upstairs units have been upgraded with modern kitchens and flooring. The property also offers ample parking, including a lot suitable for RV parking or vehicle storage. Current rents range from $1, 300 to $1, 350, providing immediate income potential with a solid 7% CAP rate. Recent improvements include a new roof installed in August 2021 and a patio overhaul at Unit D completed in January 2023. Additionally, various new appliances have been purchased over the last five years, including refrigerators and washers for different units, ensuring turnkey convenience. Unit D is currently undergoing a rehab with new drywall and finishes, expected to be completed by September, and will ask $1, 400/mo. This location offers breathtaking city and strip views.

Property Features