$1,500,000
$1,950,000
23.1%For more information regarding the value of a property, please contact us for a free consultation.
0.74 Acres Lot
SOLD DATE : 08/07/2024
Key Details
Sold Price $1,500,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Vegas Heights Tr
MLS Listing ID 2514612
Sold Date 08/07/24
Construction Status Poor Condition
HOA Y/N No
Annual Tax Amount $1,036
Lot Size 0.740 Acres
Acres 0.74
Property Description
2023 income was $200,000 with $95,000 in expenses. This year will show increased income and decreased expenses due to one time power meter installation charges in 2023. By July income should be at $22,000 a month less $7500 in expenses. Income could be increased by installing solar saving $26000 a year (almost 1/4 of all expenses).
1340 Hassell Ave and 2103 LEXINGTON ST. This is a property that has 17 mobile homes and one duplex (total 19 units). They are all rented by government programs. The 19 checks are paid by the non profits. Call for exact figures as seller does not want that information published.
This property has been steadily improved over the last few years.
Location
State NV
County Clark
Zoning Mobile Homes,Multi-Family
Direction from Martin Luther King and Lake mead go North on Martin Luther King to Haskell. Go East on Hassell to Lexington. This is the South East corner of the property.
Interior
Fireplace No
Exterior
Fence Fenced
Utilities Available Electricity Available
Water Access Desc Not Connected (nearby),Public
Street Surface Paved
Building
Lot Description Mobile Home Allowed, Public/Maintained Road
Sewer Not Connected (nearby), Public Sewer
Water Not Connected (nearby), Public
Construction Status Poor Condition
Schools
Elementary Schools ,
Others
Tax ID 139-21-610-079
Acceptable Financing Cash, Owner Will Carry
Listing Terms Cash, Owner Will Carry
Financing Seller Financing
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Bought with Lane Holmes Properties Plus Referral Netwo
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