1824 E Bonanza Rd (Part of 8-Unit Potfolio)

8-Unit Multifamily Portfolio Sale in Downtown Las Vegas Portfolio Sale: Capitalize on a unique investment opportunity with the acquisition of two separate multifamily properties, each offering immediate cash flow and promising long-term appreciation potential. 1824 E Bonanza Rd: This property comprises 4 units, generating a solid monthly income of $3,700. Featuring modern amenities and attractive interiors, it ensures tenant satisfaction while maximizing rental income. 1828 E Bonanza Rd: With 4 units as well, this property yields a robust monthly income of $3,690. Recent interior renovations have elevated its appeal, attracting quality tenants and enhancing property value. Strategic Location: Situated in the vibrant heart of Downtown Las Vegas, these properties benefit from a diverse and growing population. Young professionals, students, and urban dwellers seeking convenient and affordable housing options contribute to sustained demand and rental growth. Demographic Statistics: Median household income: $42,659 Population density: 8,943 people per square mile Median age: 32.8 years old Retail Resurgence: Downtown Las Vegas is experiencing a notable resurgence in retail activity, with a dynamic mix of trendy boutiques, cafes, and restaurants catering to the evolving preferences of residents and visitors. This flourishing retail landscape enhances the overall appeal and desirability of the properties. Investment Opportunity With a combined monthly rental income of $7,390 and the potential for future growth through rental increases and value-add strategies, this portfolio represents an enticing opportunity for investors seeking attractive returns and enduring value in the thriving Downtown Las Vegas real estate market. DO NOT DISTURB TENANTS4 Unit: 1824 E Bonanza Rd, Las Vegas, NV 89101 Offering Price: $600,000 787 SF Unit 1 $900 MTM 2 Bed/ 1 Bath Unit 2 $895 MTM 1 Bed/ 1 Bath Unit 3 $895 MTM 1 Bed/ 1 Bath Unit 4 $1000 MTM 2 Bed / 1 Bath