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Residential Property with Modern Amenities

5650 E Sahara Avenue 2049 Las Vegas, NV 89142

Claim this Listing
For Sale
$214,000

Residential property featuring modern stainless steel appliances and community amenities.

Type:Condo/Townhome
Property size:
1,299 SF
Lot size:
0.20 Acres
Price / SF:
$164/SF
Added:
Sep 6, 2024
Days on Market:
674
Last Refresh:
Apr 5 at 11:02 pm

Property Features for 5650 E Sahara Avenue 2049

General Information

Standard status
Active
Size
1,299 SF
Lot size
0.20 Acres
Property subtype
Condo/Townhome

Building Details

Year Built
2002

Listing office Opendoor Brokerage LLC

Listing date Sep 6, 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 Opendoor Brokerage LLC


Investment Insights

Based on property information with market context.

This residential property features a fresh interior paint job with a neutral color scheme. The primary bathroom includes a separate tub and shower. The kitchen is equipped with stainless steel appliances. The property is located within a community that offers a pool, spa, and workout facility. The property size is 1299 square feet.

Key Highlights

  • Community amenities include a pool, spa, and workout facility.
  • Primary bathroom features a separate tub and shower.
  • Stainless steel kitchen appliances.

Local Financial Insights For Apartment 5plus

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 $26.5k $20.40
− Vacancy −$1.4k −$1.06
EGI $25.1k $19.34
− OpEx −$11.3k −$8.70
NOI $13.8k $10.64
1,299 SF · lease $20.40/SF/yr · vacancy 5.20% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$197.4K
$172.7K – $230.3K (±1% cap)
NOI $13,817 @ 7.0% cap · market cap 6.46%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$448.9K
$392.8K – $523.7K (±1% cap)
NOI $31,420 @ 7.0% cap · market cap 14.68%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Terrasanta condominium Condominium Complex Moped/Scooter Doctor Corporate Office Square One Behavioral ... Medical Clinic Max International University Nibiru Medical Center Medical Clinic

Suggested Use

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

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

FAQs

What type of property is this?
Residential income property - Residential property featuring modern stainless steel appliances and community amenities.
Where is this residential income property located?
The property is located at 5650 E Sahara Avenue 2049 Las Vegas, NV.
What is the asking price?
The asking price for this property is $214,000.
What are key features of this property?
This property features: Community amenities include a pool, spa, and workout facility.; Primary bathroom features a separate tub and shower.; Stainless steel kitchen appliances.
Contact an agent
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