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Fourplex in Convenient Las Vegas Location

2761 Mountain Vista Street Las Vegas, NV 89121

Claim this Listing
For Sale
$675,000

Four 2-bedroom units near schools, shopping, and highway access.

Type:Mobile Home
Property size:
3,672 SF
Lot size:
0.17 Acres
Price / SF:
$183.82/SF
Added:
Dec 27, 2024
Days on Market:
564
Last Refresh:
Apr 6 at 12:00 am

Property Features for 2761 Mountain Vista Street

General Information

Standard status
Active
Size
3,672 SF
Lot size
0.17 Acres
Property subtype
Mobile Home

Building Details

Year Built
1984

Listing office Go Global Realty

Listing date Dec 27, 2024

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Go Global Realty


Investment Insights

Based on property information with market context.

This fourplex is comprised of four units, each featuring two bedrooms. Each apartment includes a spacious living room with a sliding door to a patio and storage access, a full-size walk-through kitchen, and a separate dining area, along with a full bathroom. Convenient parking is available. The property is located near schools, shopping retail centers, and offers easy highway access. The property size is 3672 square feet.

Key Highlights

  • FourPlex: Investment opportunity with four 2‑bedroom units.
  • Spacious Living Room: Each unit features a spacious living room with patio access and storage.
  • Full‑Size Kitchen and Separate Dining Area: Each unit includes a full‑size walk‑through kitchen and a separate dining area.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $72.7k $19.80
− Vacancy −$3.8k −$1.03
EGI $68.9k $18.77
− OpEx −$20.7k −$5.63
NOI $48.2k $13.14
3,672 SF · lease $19.80/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$689.2K
$603.1K – $804.1K (±1% cap)
NOI $48,247 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$618.3K
$541.1K – $721.4K (±1% cap)
NOI $43,284 @ 7.0% cap · market cap 6.41%
Theoretical Best
Office A
$952.9K
$833.8K – $1.11M (±1% cap)
NOI $66,704 @ 7.0% cap · market cap 9.88%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Gym & Fitness Center Hair Salon Parking Lot & Garage Food Market Daycare Center Dental Office Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four 2-bedroom units near schools, shopping, and highway access.
Where is this quadplex located?
The property is located at 2761 Mountain Vista Street Las Vegas, NV.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: FourPlex: Investment opportunity with four 2‑bedroom units.; Spacious Living Room: Each unit features a spacious living room with patio access and storage.; Full‑Size Kitchen and Separate Dining Area: Each unit includes a full‑size walk‑through kitchen and a separate dining area.
Contact an agent
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