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WW Apartments 1720 Weeping Willow Ln

5 Unit Apartment Building $700,935 CAD ($140,187 CAD/Unit) 12.03% Cap Rate Las Vegas, NV 89104

Investment Highlights

  • Recently Renovated, Great Outdoor space

Executive Summary

Unheard of Investment Opportunity! This single-family property has been transformed into a lucrative investment with four main units and a bonus standalone unit in the back. Complete with recent updates including new floors, updated bathrooms, and renovated kitchens, the property offers immediate high cash flow. With the property being fully occupied, the current CAP rate exceeds an impressive 11%. Don't miss out on this exceptional opportunity!

Financial Summary (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $700,935 CAD
Price Per Unit $140,187 CAD
Sale Type Investment
Cap Rate 12.03%
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Single Family Home
Building Class C
Lot Size 0.13 AC
Building Size 2,390 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1955/2023

Unit Amenities

  • Air Conditioning

Site Amenities

  • Courtyard
  • Fenced Lot
  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 $1,124 CAD -
1+1 3 $1,334 CAD -
2+1 1 $1,819 CAD -

zoning

Zoning Code R-1
R-1
  • Listing ID: 32640695

  • Date on Market: 2024-07-31

  • Last Updated:

  • Address: 1720 Weeping Willow Ln, Las Vegas, NV 89104

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