Residential Income Details
SEE ATTACHED OM
-30 Studio units plus an attached 1/1 manager unit plus a 1/1 SFR (32 Total Units)
-Units are considered Single Room Occupancy (SRO) meaning each studio has a full size refrigerator, but no kitchen sink and no stove. Microwaves are allowed. There is a community kitchen.
-Property is located on the North East Corner of 11th and Ogden
-Ogden 1/1 is 682 SF and 11th Street are 31 units and approx. 10,000 living SF
-Close to Zappos HQ and downtown Container Park in the East Fremont District
-Located in Las Vegas Redevelopment Zone
-Current owner has owned since 2008.
-16 tenants have been there more than one year with the longest tenant occupying since 2008
-Original Electric and plumbing
-Foam Roof completed between 2009-2010
-Currently appr. 10 parking spots but could be over 20 if lot was cleared.
-2 separate parcels sold together
-.48 acres for both lots
-Owner pays all utilities
-Year Built: 11th Street (31 Unit Main Building) built in 1963 and Ogden (1/1 SFR) was built in 1930
-Laundry room profits approx. $100 per month
-Wall mounted PTAC units for heat and AC in each unit.
-1108 East Ogden Ave (1 SFR and parking lot)
-207th N 11th Street (31 studio units)
|Number of Units||32|
|Listing Brokerage||Pay It Forward Realty|
|Listing Agent||Brad Petersen|
|Listing Agent BRE #||01724042|
Based on information from California Regional Multiple Listing Service, Inc. as of Tuesday, July 31, 2018.
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