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$ 799,999
Est. payment | /mo
8 Beds
8 Baths
4,072 SqFt
$ 799,999
Est. payment | /mo
8 Beds
8 Baths
4,072 SqFt
Key Details
Property Type Multi-Family
Listing Status Off Market
Purchase Type For Sale
Square Footage 4,072 sqft
Price per Sqft $196
Bedrooms 8
Full Baths 8
Lot Size 7,405 Sqft
Property Description
Hyde Real Estate is pleased to present an exclusive opportunity to acquire a stabilized Class B fourplex in the high-demand Las Vegas submarket near Summerlin. Built in 1988, 1932 Lirio Way consists of four identical 2-bed, 2- bath units with desirable tenant amenities including fireplaces, private laundry rooms, and spacious living areas. With two units currently turning over, the property will be fully occupied at market-aligned rents by the time of sale, offering immediate income with significant value-add potential. The current estimated cap rate of 5.14% is poised to expand to 6.78% on a pro forma basis through modest rent adjustments. Located just minutes from US-95/215, premier shopping centers, and the Las Vegas Medical District, this asset is perfectly positioned for stable cash flow, organic rent growth, and long-term appreciation.
Location
State NV
County Clark
Others
Virtual Tour https://my.matterport.com/show/?m=9PN6TCMPd3C
Listed by Catherine Hyde • Catherine Hyde
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