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3225 Arlene Way 3225 Arlene Way

4 Unit Block of Flats £576,752 (£144,188/Unit) 8.69% Net Initial Yield Las Vegas, NV 89108

Executive Summary

CASH COW, AMAZING INCOME PRODUCING 4-PLEX BUILDING WITH 3634 SQUARE FEET IS A GREAT INVESTMENT OPPORTUNITY WELL KEPT BUILDING A GREAT ADDITION TO YOUR INVESTMENT PORTFOLIO

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income £50,118 £13.79
Other Income - -
Vacancy Loss - -
Effective Gross Income £50,118 £13.79
Taxes £1,180 £0.32
Operating Expenses - -
Total Expenses £1,180 £0.32
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual £50,118
Annual Per SF £13.79
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £50,118
Annual Per SF £13.79
Taxes
Annual £1,180
Annual Per SF £0.32
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £1,180
Annual Per SF £0.32
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price £576,752
Price Per Unit £144,188
Sale Type Investment
Net Initial Yield 8.69%
No. Units 4
Property Type Residential
Property Subtype Apartment
Lot Size 0.19 AC
Building Size 3,634 SF
Average Occupancy 100%
Number of Floors 2
Year Built/Renovated 1962/2021

Unit Amenities

  • Air Conditioning

Site Amenities

  • Laundry Service

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
7+4 4 £1,004 891

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
138-12-811-018
Land Assessment
£44,828 (2024)
Improvements Assessment
£27,765 (2024)
Total Assessment
£72,593 (2024)
Annual Taxes
£1,180 (£0.32/sf)
Tax Year
2023

zoning

Zoning Code RESIDENTIAL
RESIDENTIAL
  • Listing ID: 33591135

  • Date on Market: 21/10/2024

  • Last Updated:

  • Address: 3225 Arlene Way, Las Vegas, NV 89108

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