126 1/2 St Hawthorne, NV 89415
This exceptional investment opportunity presents a three-unit apartment building ideally situated in Hawthorne, Nevada, at 126 & 126 1/2 E Street, zip code 89415. The property consists of three homes situated on two parcels (APN 001-325-14; 001-325-13), totaling 0.13 acres of land. The building, constructed in 1963, is a single-story structure with permitted C-1 zoning. The units comprise a three-bedroom, two-bathroom unit; a two-bedroom, one-bathroom unit; and a one-bedroom, one-bathroom unit. All units are currently rented and have been well-maintained, featuring recent upgrades including newer flooring, paint, windows, and roof. The property benefits from its convenient location at the west end of town, providing easy access to shopping and various services. This is a must-see opportunity for investors seeking a stable, income-generating property in a desirable location. The asking price for this turnkey investment is $389,500. Note that the properties must be sold together. One parcel (001-325-13) contains one home and sits on a larger portion of the land.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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