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3150 Luke Werner Ave
Las Vegas, NV 89102 Richfield

$6,990,000 USD

Specialty For Sale  •  31,361 SF

Property Details

  • Property Type Specialty
  • Total Building Size 31,361 SF
  • Lot Size 0.98 AC
  • Building Class C
  • Year Built 1972
  • Cap Rate 4.48 %
  • Zoning R-PD11
39 Transit Score
72 Walk Score

Description 

This property consists of 28 individually deeded town-homes. The properties are:
2 Bedroom 1 Bath - 5 town-homes 1 Story with 2 car Carport
2 Bedroom 2 Bath - 2 town-homes 1 Story with 2 Car Carport
3 Bedroom 1 1/2 Bath - 15 town-homes 2 Story with 2 Car Carport
4 Bedroom 1 1/2 Bath - 6 town-homes 2 Story With 2 Car Carport
Current rents are average of $1200.00 a month and can be increase to between $1400.00 to $1600.00 depending on unit size.

Highlights

Property is located close to the 1-15 Freeway, a few minute drive to the Las Vegas Strip, China Town. Walking Distance to Middle and High School

Property Flyers

Financial Summary (Actual)

Net Operating Income: $312,863 USD (2023)
Cap Rate: 4.48 %
Total Expenses: $75,337 USD

Amenities

  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Harry Reid International 12 min - 5.7 mi
Boulder City Municipal 40 min - 27.0 mi
Janice Armstead 702-301-6550 Elite Realty
Janice Armstead 702-301-6550 Elite Realty