Mesa Ridge Village | 4915 E Russell Rd
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Mesa Ridge Village 4915 E Russell Rd
4 Unit Block of Flats £743,328 (£185,832/Unit) 6.05% Net Initial Yield Las Vegas, NV 89120
Investment Highlights
- Built in 2004
- Large Two Car Attached Garage
- Washer & Dryer in Every Unit
- Large Townhouse Style Apartments
- Pool
Executive Summary
Tremendous 4 plex located in Mesa Ridge Village, just off the 93/515 Freeway. Built in 2004 this gated community features a sparkling pool/spa. All units are 2 story townhouse style with attached 2 car garage for each unit. Open floor plan with two large master suites. Great unit mix (2) 2 bed/2.5bath units and (2) 3 bed/2.5bath units. Close to all major shopping, airport, Galleria mall and community parks. Great investment opportunity. . Do not disturb the tenants.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£60,327
|
£0.37
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£60,327
|
£0.37
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
£15,336
|
£0.09
|
| Net Operating Income |
£44,991
|
£0.27
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £60,327 |
| Annual Per SF | £0.37 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £60,327 |
| Annual Per SF | £0.37 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | £15,336 |
| Annual Per SF | £0.09 |
| Net Operating Income | |
|---|---|
| Annual | £44,991 |
| Annual Per SF | £0.27 |
Property Facts
| Price | £743,328 | Apartment Style | Low Rise |
| Price Per Unit | £185,832 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Net Initial Yield | 6.05% | Building Size | 5,214 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Residential | Number of Floors | 2 |
| Property Subtype | Apartment | Year Built | 2004 |
| Price | £743,328 |
| Price Per Unit | £185,832 |
| Sale Type | Investment |
| Net Initial Yield | 6.05% |
| No. Units | 4 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 5,214 SF |
| Average Occupancy | 100% |
| Number of Floors | 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
- Courtyard
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+2.5 | 2 | £1,213 | 1,200 |
| 3+2.5 | 2 | £1,311 | 1,400 |
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PROPERTY TAXES
| Parcel Number | 161-29-814-022 | Improvements Assessment | £129,278 |
| Land Assessment | £35,054 | Total Assessment | £164,332 |
PROPERTY TAXES
Parcel Number
161-29-814-022
Land Assessment
£35,054
Improvements Assessment
£129,278
Total Assessment
£164,332
zoning
| Zoning Code | R-4, County |
| R-4, County |
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Mesa Ridge Village | 4915 E Russell Rd
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