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The worst downturn in generations may be fading into the past as the global development wheels slowly start creaking, the credit market begins loosening and consumers emerge cautiously from the shadows.” -Steve McLinden, SCT Magazine 3875 Royal Crest St. Las Vegas, Nevada 89119 The Information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify. Sale is contingent upon successful foreclosure. Investment Opportunity 1816 LEWIS AVE LAS VEGAS, NEVADA 89101 Offered at: $299,000 (4) 1Bed/1Bath Unit in this Fantastic Property. Recent upgrades New Roof in May 2018, 4 New Water Heaters 2017, Two Updated Kitchens 2017 Rothwell Gornt Companies deems this information reliable but not guaranteed

Investment Opportunity - LoopNet...“The worst downturn in generations may be fading into the past as the global development wheels slowly start creaking, the credit market begins

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Page 1: Investment Opportunity - LoopNet...“The worst downturn in generations may be fading into the past as the global development wheels slowly start creaking, the credit market begins

“The worst downturn in generations may be fading into the past as the global development wheels slowly start creaking, the credit market begins loosening and consumers emerge cautiously from the shadows.”

-Steve McLinden, SCT Magazine

3875 Royal Crest St.

Las Vegas, Nevada 89119

The Information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify. Sale is contingent upon successful foreclosure.

Investment Opportunity 1816 LEWIS AVE

LAS VEGAS, NEVADA 89101

Offered at: $299,000

(4) 1Bed/1Bath Unit in this Fantastic Property. Recent upgrades New Roof in May 2018, 4 New Water Heaters 2017,

Two Updated Kitchens 2017 Rothwell Gornt Companies deems this information reliable but not guaranteed

Page 2: Investment Opportunity - LoopNet...“The worst downturn in generations may be fading into the past as the global development wheels slowly start creaking, the credit market begins

“The worst downturn in generations may be fading into the past as the global development wheels slowly start creaking, the credit market begins loosening and consumers emerge cautiously from the shadows.”

-Steve McLinden, SCT Magazine

3875 Royal Crest St.

Las Vegas, Nevada 89119

The Information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify. Sale is contingent upon successful foreclosure.

PROFORMA OPERATING BUDGET

GROSS INCOME: $25,200.00 (100% Occupancy)

OPERATING EXPENSES:

INSURANCE: $1,110.00

PROPERTY TAX: $ 945.00

SEWER: $ 983.00

WATER: $ 803.00

TRASH: $ 674.00

TOTAL OPERATING EXPENSES: $4,515.00

NET OPERATING INCOME: $20,685.00

CAP RATE: 7%

Rothwell Gornt Companies deems this information reliable but not guaranteed

Page 3: Investment Opportunity - LoopNet...“The worst downturn in generations may be fading into the past as the global development wheels slowly start creaking, the credit market begins

“The worst downturn in generations may be fading into the past as the global development wheels slowly start creaking, the credit market begins loosening and consumers emerge cautiously from the shadows.”

-Steve McLinden, SCT Magazine

3875 Royal Crest St.

Las Vegas, Nevada 89119

The Information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify. Sale is contingent upon successful foreclosure.

Rothwell Gornt Companies deems this information reliable but not guaranteed

Page 4: Investment Opportunity - LoopNet...“The worst downturn in generations may be fading into the past as the global development wheels slowly start creaking, the credit market begins

“The worst downturn in generations may be fading into the past as the global development wheels slowly start creaking, the credit market begins loosening and consumers emerge cautiously from the shadows.”

-Steve McLinden, SCT Magazine

3875 Royal Crest St.

Las Vegas, Nevada 89119

The Information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify. Sale is contingent upon successful foreclosure.

Rothwell Gornt Companies deems this information reliable but not guaranteed

Page 5: Investment Opportunity - LoopNet...“The worst downturn in generations may be fading into the past as the global development wheels slowly start creaking, the credit market begins

“The worst downturn in generations may be fading into the past as the global development wheels slowly start creaking, the credit market begins loosening and consumers emerge cautiously from the shadows.”

-Steve McLinden, SCT Magazine

3875 Royal Crest St.

Las Vegas, Nevada 89119

The Information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify. Sale is contingent upon successful foreclosure.

Contact Information:

Chris Brown 702.445.1330

[email protected]

Rothwell Gornt Companies deems this information reliable but not guaranteed