Log In/Sign Up
Your email has been sent.
The Villas at South Pointe 3400 Dry Gulch Dr 39 Unit Apartment Building $9,979,843 CAD ($255,893 CAD/Unit) Laughlin, NV 89029
Executive Summary
Located at 3400 Dry Gulch Drive in Laughlin, Nevada, The Villas at South Pointe presents an attractive investment to acquire 39 three-story townhomes within a cohesive residential 55+ community approximately 90 minutes from Las Vegas. Each unit features a direct-access two-car garage and averages 1,520 square feet.Key highlights include strong current occupancy, immediate rent upside from below-market rates, with solid projected growth, attractive overall returns, and meaningful value-add potential requiring minimal capital investment.
Property Facts
| Price | $9,979,843 CAD | Building Class | B |
| Price Per Unit | $255,893 CAD | Lot Size | 2.49 AC |
| Sale Type | Investment | Building Size | 59,289 SF |
| No. Units | 39 | Average Occupancy | 92% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1989 |
| Apartment Style | Townhome | Parking Ratio | 1.86/1,000 SF |
| Price | $9,979,843 CAD |
| Price Per Unit | $255,893 CAD |
| Sale Type | Investment |
| No. Units | 39 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 2.49 AC |
| Building Size | 59,289 SF |
| Average Occupancy | 92% |
| No. Stories | 3 |
| Year Built | 1989 |
| Parking Ratio | 1.86/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 10 | - | 1,253 |
| 2+2.5 | 29 | - | 1,523 - 1,667 |
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 264-28-210-112 | Improvements Assessment | $55,821 CAD |
| Land Assessment | $12,096 CAD | Total Assessment | $67,916 CAD |
Property Taxes
Parcel Number
264-28-210-112
Land Assessment
$12,096 CAD
Improvements Assessment
$55,821 CAD
Total Assessment
$67,916 CAD
1 of 22
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
The Villas at South Pointe | 3400 Dry Gulch Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.