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141 N Yucca

Mesquite, NV 89027
  • $1,135,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 1125416
UPDATED: 83 min ago
$1,135,000
  • 15
    BEDS
  • 0.68
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,700
    SQFT
  • $199
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1945
County:
Area:

School Ratings & Info

Description

This 8-unit property in downtown Mesquite is an amazing investment opportunity! Close to businesses, parks, and schools makes this an excellent location for rentals. Lots of parking. There are very few properties like this in Mesquite. Potential for on site management. Currently managed by local company. Rent Rolls available. CAP rate is 4.5% with potential to quickly get closer to 6%.

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© 2024 Mesquite Real Estate Association. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Ridge Realty. Data last updated: 2024-06-20T16:47:24.627.
www.homesinmesquite.com/homes/150820945
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141 N Yucca Mesquite, NV 89027

  • Price: $1,135,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 83 min ago
  • MLS #: 1125416
15
Beds
0
Baths
0
½ Baths
0.68
Acres
5,700
SQFT
$199
$/SQFT
1945
Built
Neighborhood:
None (No Subdivision)
County:
Clark
Area:
South Of I15
Property Description
This 8-unit property in downtown Mesquite is an amazing investment opportunity! Close to businesses, parks, and schools makes this an excellent location for rentals. Lots of parking. There are very few properties like this in Mesquite. Potential for on site management. Currently managed by local company. Rent Rolls available. CAP rate is 4.5% with potential to quickly get closer to 6%.
Exterior Features

Exterior Construction Siding-AluminumFrameStucco Exterior Features Vacation Rentals Allowed Roof Type CompositionShingle

Interior Features

Appliances Water Heater- ElectricOven/Range- Electric Bathrooms Total 8 Cooling Electric Foundation Slab on Grade Heating ElectricHeat Pump Interior Features Flooring- Carpet

Property Features

Community Name None (No Master PUD) Estimated Annual Taxes 2656 Hoa Fees 0.00 Property Style 1 story + basement Property Subtype Resale Home4+ UnitsHOA-NoSpecial Assessment-No Property Type Multi Family Rental Price 0 Utilities Internet: Cable/DSLLegal Access: YesWater Source: Water CompanyPhone: Land LinePower: Line On MeterGarbage CollectionPhone: Cell ServicePower Source: City/MunicipalSeptic: Not AllowedWater: Potable/DrinkingPropane: Not Available Zoning Multi-FamilyResidential

Listing Information © 2024 Mesquite Real Estate Association.
Listing provided courtesy of David Neufeld of RE/MAX Ridge Realty: (435) 229-0785.


© 2024 Mesquite Real Estate Association. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Ridge Realty. Data last updated: 2024-06-20T16:47:24.627.
 
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RE/MAX Ridge Realty
450 Hillside Drive
Mesquite NV, 89027