Mesa Ridge Village | 4915 E Russell Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Mesa Ridge Village 4915 E Russell Rd
4 Unit Apartment Building $1,374,175 CAD ($343,544 CAD/Unit) 4.34% Cap Rate Las Vegas, NV 89120
INVESTMENT HIGHLIGHTS
- Mesa Ridge Village is a beautiful Las Vegas complex offering large townhouse-style apartments with attached garages.
- A stabilized investment opportunity with on-site management taking care of the complex and amenities, a hands-off acquisition.
- Less than six miles from Harry Reid International Airport.
- There is an outdoor community pool and whirlpool, and each unit has an attached two-car garage and a washer and dryer in-unit.
EXECUTIVE SUMMARY
Mesa Ridge Village is a tremendous four-plex off the 93/515 Freeway. Built in 2004, this gated community features a sparkling pool/spa. All units are two-story townhouse style with attached two-car garage for each unit. Open floor plan with two large master suites. Great unit mix of two two-bed/ two-and-a-half bath units and two three-bed/ two-and-a-half bath units. Close to all major shopping, airports, Galleria Mall, and community parks. Great investment opportunity. All owners Must use the current property management, they charge 6%. Do not disturb the tenants.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$102,982
|
$0.45
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$102,982
|
$0.45
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$43,395
|
$0.19
|
| Net Operating Income |
$59,587
|
$0.26
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $102,982 |
| Annual Per SF | $0.45 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $102,982 |
| Annual Per SF | $0.45 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $43,395 |
| Annual Per SF | $0.19 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $59,587 |
| Annual Per SF | $0.26 |
PROPERTY FACTS
| Price | $1,374,175 CAD | Apartment Style | Garden |
| Price Per Unit | $343,544 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 9.22 AC |
| Cap Rate | 4.34% | Building Size | 227,930 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2004 |
| Price | $1,374,175 CAD |
| Price Per Unit | $343,544 CAD |
| Sale Type | Investment |
| Cap Rate | 4.34% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 9.22 AC |
| Building Size | 227,930 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2004 |
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Washer/Dryer
- Ceiling Fans
- Views
- Walk-In Closets
- Patio
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Fenced Lot
- Pool
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2.5 | 2 | $2,242 CAD | 1,200 |
| 3+2.5 | 2 | $2,423 CAD | 1,400 |
1 of 1
PROPERTY TAXES
| Parcel Number | 161-29-814-022 | Improvements Assessment | $236,036 CAD |
| Land Assessment | $64,001 CAD | Total Assessment | $300,037 CAD |
PROPERTY TAXES
Parcel Number
161-29-814-022
Land Assessment
$64,001 CAD
Improvements Assessment
$236,036 CAD
Total Assessment
$300,037 CAD
ZONING
| Zoning Code | R-4, County (multiple-family residential district (high density)) |
| R-4, County (multiple-family residential district (high density)) |
1 of 40
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Mesa Ridge Village | 4915 E Russell Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.