Quadplex Investment
For Sale
$630,000
6935 Kepler Dr, Las Vegas, NV 89156
For sale quadplex with Somewhat Walkable and Somewhat Bikeable accessibility ratings and limited transit connectivity.
Property Size3,692 SF
Price / SF$170.64
Days on Market97
Property Features for 6935 Kepler Dr
General Information
Standard status
Active
Size
3,692 SF
Property subtype
Multi-Family
Building Details
Year Built
1983
Listing Agency:
United Realty Group
Listed By:
Julia A. Suarez
(702) 285-7199
Source:
Tmgluxury
Added: Jul 9
Changed: Oct 6
Last Checked: Oct 7 at 3:27PM
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 United Realty Group
Investment Insights
Based on property information with market context.
This quadplex is offered for sale as a residential income property. The listing is categorized as both a quadplex and a multifamily asset.
Located at 6935 Kepler Dr in Las Vegas, NV 89156, the property has accessibility ratings of 45 BikeScore (Somewhat Bikeable) and 51 WalkScore (Somewhat Walkable), with a 32 TransitScore indicating some transit limitations.
Additional property details such as unit mix, interior condition, or parking specifics were not provided in the available information.
Located at 6935 Kepler Dr in Las Vegas, NV 89156, the property has accessibility ratings of 45 BikeScore (Somewhat Bikeable) and 51 WalkScore (Somewhat Walkable), with a 32 TransitScore indicating some transit limitations.
Additional property details such as unit mix, interior condition, or parking specifics were not provided in the available information.
Key Highlights
- Year built: 1983
- Somewhat Walkable Walk Score: 51
- Somewhat Bikeable Bike Score: 45
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,495
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$849,900
$849.9K
Cap Rate 7%
$607,071
$607.1K
Cap Rate 9%
$472,167
$472.2K
Market Conditions
NOI Build-Up for 3,692 SF
Gross rent
$64.2K $17.40/SF
− Vacancy
−$3.5K −$0.96/SF
EGI
$60.7K $16.44/SF
− OpEx
−$18.2K −$4.93/SF
NOI
$42.5K $11.51/SF
Area
Las Vegas, NV
Vacancy
5.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$849,900
Cap Rate 7%
$607,071
Cap Rate 9%
$472,167
Alternative Uses
Best Use
Multifamily LT 5
$607.1K
$531.2K – $708.3K
NOI $42,495 @ 7.0% cap · market cap 6.75%
Second Best
Apartment 5plus
$561.0K
$490.9K – $654.5K
NOI $39,270 @ 7.0% cap · market cap 6.23%
Theoretical Best
Specialty Retail
$1.28M
$1.12M – $1.49M
NOI $89,302 @ 7.0% cap · market cap 14.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Explore this area
Business Placement
Demographics for 89156, NV
30,067
Population
10,413
Households
2.9
Avg Household Size
33
Median Age
14%
College-Educated
74%
High-School Grad
44.7 sq mi
ZIP Area
673
Density / Sq Mi
$69,783
Median Household Income
$36,342
Median Earnings
$1,354
Median Rent
$288,800
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
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Frequently Asked Questions
What type of property is this?
Quadplex - For sale quadplex with Somewhat Walkable and Somewhat Bikeable accessibility ratings and limited transit connectivity.
Where is this quadplex located?
The property is located at 6935 Kepler Dr Las Vegas, NV.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Year built: 1983; Somewhat Walkable Walk Score: 51; Somewhat Bikeable Bike Score: 45
