670 Hardy Way

    Mesquite, NV 89027
    • $800,000
    • STATUS: Active
    • ON SITE: 259 days
    • MLS #: 1118937
    UPDATED: 54 min ago
    $800,000
    • 0
      BEDS
    • 0.71
      ACRES
    • 0
      BATHS
    • 5
      1/2 BATHS
    • 17,931
      SQFT
    • $45
      $/SQFT
    Type:
    Commercial
    Built:
    1994
    County:
    Area:

    School Ratings & Info

    Description

    Fully rented. All tenants except one are on a year gross lease, which started approx 10/1/18.Current tenants are extremely reliable, long term, and no fuss, no muss. Current gross income $57,552 per year. Net, after taxes, utilities, insurance and management, $49,835.18. Net ROI/Cap Rate of 6.2%. Workshop tenant manages property in exchange for rent. AND, for a car collector or hobyist, or other local business, where you might use your own space and rent the rest out, one of the large, end spaces with 18 ft roll-up door is month to month, so could be available for owner use. That space is current income of $1000/mo. Likely all tenants would want to sign longer term leases, if you want to just keep them and feel secure with your investment. Recent rent increase and year leases put in place of month to month. However, still rented below market. All kinds of potential!!! Big roll up doors, big warehouse spaces, fully insulated multiple swamp coolers and wall units, a large, industrial size compressor, and a forklift. Must see to appreciate!

    Monthly Payment Calculator



    © 2018 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: 2018-12-15T15:47:34.073.
    www.homesinmesquite.com/homes/82157235

    670 Hardy Way Mesquite, NV 89027

    • Price: $800,000
    • Status: Active
    • Updated: 54 min ago
    • MLS #: 1118937
    0
    Beds
    0
    Baths
    5
    ½ Baths
    0.71
    Acres
    17,931
    SQFT
    $45
    $/SQFT
    1994
    Built
    Neighborhood:
    Mesquite Heights Ind. Park
    County:
    Clark
    Area:
    North Of I15
    Property Description
    Fully rented. All tenants except one are on a year gross lease, which started approx 10/1/18.Current tenants are extremely reliable, long term, and no fuss, no muss. Current gross income $57,552 per year. Net, after taxes, utilities, insurance and management, $49,835.18. Net ROI/Cap Rate of 6.2%. Workshop tenant manages property in exchange for rent. AND, for a car collector or hobyist, or other local business, where you might use your own space and rent the rest out, one of the large, end spaces with 18 ft roll-up door is month to month, so could be available for owner use. That space is current income of $1000/mo. Likely all tenants would want to sign longer term leases, if you want to just keep them and feel secure with your investment. Recent rent increase and year leases put in place of month to month. However, still rented below market. All kinds of potential!!! Big roll up doors, big warehouse spaces, fully insulated multiple swamp coolers and wall units, a large, industrial size compressor, and a forklift. Must see to appreciate!
    Exterior Features

    Exterior Construction Siding-Steel Exterior Features Curb & GutterRv/Boat Parking Lot Dimensions 252.37X130.66X209.18X136.02 Roof Type Metal

    Interior Features

    Bathrooms Total 0 Cooling Evap CoolerRefrigerated AirWall Unit Foundation Slab On Grade Interior Features Skylights

    Property Features

    Commercial Property Style 2 Story Above Ground Commercial Property Type Commercial Building Community Name None (No Master Pud) Estimated Annual Taxes 4739 Features And Inclusions Curb & GutterRv/Boat ParkingSkylights Hoa Fees 0.00 Property Subtype Hoa-NoIndustrialManufacturingMini StorageConstruction CompleteMulti-TenantOffice/BusinessWarehouseOffice/Other Rental Price 0 Utilities Water Source: City/MunicipalLegal Access: YesSewer: Hooked-UpPower Source: City/MunicipalPower: 220 VoltPower: 3-Phase Zoning BusinessCommercialIndustrial

    Listing Information © 2018 Mesquite Real Estate Association.
    Listing provided courtesy of E. Shaun Caldwell of Era Brokers Consolidated, Inc..



    © 2018 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: 2018-12-15T15:47:34.073.
     
    RE/MAX Ridge Realty
    355 W. Mesquite Blvd. Suite C-100
    Mesquite NV, 89027