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Hawthorne Multifamily Investment Opportunity

380 B St, Hawthorne, NV 89415

For Sale
$349,000

Multifamily property with 16 units on 0.62 acres.

Property SizeContact for details
Lot Size0.62 Acres
Days on Market703

Property Features for 380 B St

General Information

Standard status Active
Lot size 0.62 Acres

Taxes and HOA fees

Annual Taxes $6,362
Listing Agency: Realty One Group Eminence
Listed By: Kautz Zinda Real Estate Group
Source: Exprealty
Added: Dec 11, 2024 Changed: Nov 7 Last Checked: Nov 12 at 10:12AM

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 Realty One Group Eminence

Rey
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Investment Insights

Based on property information with market context.

This multifamily property is located in Hawthorne, Nevada, situated on 0.62 acres. The property comprises four buildings with a total of 16 units and ample parking space. Currently, seven units are being rented, while the remaining units require renovation. Re-plumbing is underway in some of the units. The property is located minutes away from the Army Depot and approximately 20 minutes from Walker Lake, offering opportunities for outdoor activities such as camping, boating, and swimming.

Key Highlights

  • Investment opportunity with 16 units across 4 buildings on a large .62 acre lot.
  • Located in Hawthorne, near the Army Depot, a potential source of tenants.
  • Seven units are currently generating rental income.

Property Analytics

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Location Intelligence

Demographics for 89415, NV

3,534
Population
1,684
Households
2.1
Avg Household Size
49
Median Age
11%
College-Educated
92%
High-School Grad
378.4 sq mi
ZIP Area
9
Density / Sq Mi
$52,264
Median Household Income
$44,516
Median Earnings
$1,289
Median Rent
$184,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with 16 units on 0.62 acres.
Where is this apartment building located?
The property is located at 380 B St Hawthorne, NV.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Investment opportunity with 16 units across 4 buildings on a large .62 acre lot.; Located in Hawthorne, near the Army Depot, a potential source of tenants.; Seven units are currently generating rental income.
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