Las Vegas 2 Townhome Fourplex Portfolio

Description:

Keller Williams Realty Las Vegas | KW Commercial is pleased to present 100% occupied 2 townhome style fourplex portfolio for sale. This 2-fourplex portfolio offers a great investment opportunity for those who've been looking to acquire assets producing stable income stream. 4.7% in-place CAP, 5.5% proforma CAP

Two properties are built in 2002 and 2015 and are located in Southwest of Las Vegas and Henderson.

There is no active HOA, but CC&R are kept in the community to maintain each property in great condition. There is a governing rule which requires all owners to appoint the on-site management company, Oakwood Management, who have been maintaining all similar fourplex communities in Las Vegas for the past 25+ years. The Oakwood Management also provide regular property management services including leasing, collecting rent, assist on repair/maintenance issues, direct deposit into owner's account, preparing monthly statements for the owners and many more.

Total portfolio is listed at $2.25 Million and current in-place CAP rate is at 4.7% and proforma CAP rate is 5.5%The Oakwood Management has been increasing rent for new/renewal tenants to catch up with the current market. There is a great possible upside potential in this fast rental market.

2981 Duxbury Dr, Henderson, NV 89052

7390 Blair Barry Ct, Las Vegas, NV 89113


Las Vegas Southwest, Spring Valley & Henderson




Lower than market rent (Upside potential/value add)


Two 3-Bedroom + Two 2-Bedroom


Townhome Style


All Units with Attached 2-car Garage


Built between 1996-2015


Great locations in Southwest and Henderson


On-Site management company


No HOA but CC&R maintains rules & regulations