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Golden Opportunity No. 14 LP Acquires Multifamily Property In Henderson, NV For $1.75M
SOLD
$1,750,000
Nevada
See Similar DealsMultiFamily
Sold 06/01/2023
SOLD
Golden Opportunity No. 14 LP Acquires Multifamily Property In Henderson, NV For $1.75M
307 West Atlantic Avenue Henderson, Nevada 89015, USA
See Similar DealsMultiFamily
Sold 06/01/2023
Summary
NEVADA
Asset Type:MultiFamily
Transaction Type:Sale
The multifamily property located at 307 & 319 West Atlantic Avenue in Henderson, NV was recently sold for $1,750,000. The property consists of 14 units, with a per unit price of $125,000. It was purchased by Golden Opportunity No. 14 LP.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,750,000
- Units: 14
- Price per Unit (PPU): $125,000
The deal was facilitated by brokers Jerad Roberts, Robin Willett, and Devin Lee, CCIM from Northcap Commercial.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$93,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,217.39
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,295.89
Annual Debt Service$99,550.71
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