Great second home & investment opportunity ** 10.33% cap rate 2019 NOI = $22,717 w/ approx. 50% occupancy ** 10 minutes from Raiders' Stadium & Golden Knights Arena ** 5 minutes from LV Strip ** 10 minutes from convention center ** 15 minutes from McCarran Airport ** walking distance from Palms Resort Casino, Gold Coast Casino, & the Rio ** close to restaurants & other amenities ** BRAND NEW carpet in both bedroom as of Oct. 2020 ** fully furnished -- all appliances -- dishes, pots, pans, eating utensils, etc. ** easily sleeps 8 -- can "cozily" accommodate more ** sleeper-sofa ** ground-level entrance--more convenient ** steps from new $250,000 pool (currently under construction) ** washer-dryer included ** guard-gated community ** no current rental restrictions ** Uber & Lyft drop-off on property ** extra parking for guest vehicles
MLS# | 2233121 |
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Listing Type | For Sale |
Style | Condominium |
Sub-Type | Resale |
Status | ActiveUnderContract |
Year | 1990 |
Days On Site | 206 |
Bed(s) | 2 |
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Bath(s) | 2 Total |
SQ Feet | 902 |
Story(s) | 3 |
Acreage | 0.19 |
Area Information | |
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State | NV |
County | Clark County |
City | Las Vegas |
Zip Code | 89103 |
Area | 503 - South West |
Community Name | Flamingo Palms Villas |
Elementary School | Thiriot Joseph,Thiriot Joseph |
Middle School | Sawyer Grant |
High School | Clark Ed. W. |
Listing VS Median (in Flamingo Palms Villas) | |
Price: $230,000 low | high Med: $149,500 SqFt: 902 low | high Med: 516 $ / SqFt: $255 low | high Med: $290 On Site: 206 low | high Med: 100 Sourced by Back At You |