1920 Lirio Way
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1920 Lirio Way
4 Unit Block of Flats £592,507 (£148,127/Unit) 6.13% Net Initial Yield Las Vegas, NV 89108
Investment Highlights
- Summerlin adjacent fourplex
- Units with laundry rooms, fireplaces, and separate storage
- Fully occupied with high rents
Executive Summary
This fully-occupied fourplex boasts a prime location near Summerlin, high rents, and great condition. Professionally managed 2 bed/2 bath units in the northwest with easy access to shopping, dining, and entertainment options. Each unit comes complete with its own laundry room, fireplace, and separate storage closet. Don't miss out on this incredible opportunity. *contact Jillian Hyde (702) 439-3388 with any questions*
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro forma - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
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 | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Pro forma - 2023) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | £592,507 | Building Class | C |
Price Per Unit | £148,127 | Lot Size | 0.16 AC |
Sale Type | Investment | Building Size | 3,840 SF |
Net Initial Yield | 6.13% | Average Occupancy | 100% |
No. Units | 4 | Number of Floors | 2 |
Property Type | Residential | Year Built/Renovated | 1984/2022 |
Property Subtype | Apartment | Parking Ratio | 2.08/1,000 SF |
Apartment Style | Garden |
Price | £592,507 |
Price Per Unit | £148,127 |
Sale Type | Investment |
Net Initial Yield | 6.13% |
No. Units | 4 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 0.16 AC |
Building Size | 3,840 SF |
Average Occupancy | 100% |
Number of Floors | 2 |
Year Built/Renovated | 1984/2022 |
Parking Ratio | 2.08/1,000 SF |
Unit Amenities
- Balcony
- Fireplace
- Storage Space
- Washer/Dryer Hookup
- Dining Room
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
2+2 | 4 | £1,151 | 973 |
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PROPERTY TAXES
Parcel Number | 138-23-710-005 | Improvements Assessment | £42,260 (2024) |
Land Assessment | £45,070 (2024) | Total Assessment | £87,330 (2024) |
PROPERTY TAXES
Parcel Number
138-23-710-005
Land Assessment
£45,070 (2024)
Improvements Assessment
£42,260 (2024)
Total Assessment
£87,330 (2024)
zoning
Zoning Code | R3, City/Las Vegas (Single-Family Dwellings) |
R3, City/Las Vegas (Single-Family Dwellings) |
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1920 Lirio Way
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