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4 Unit Renovated Condo Portfolio! 4300 N Lamont St 4 Unit Apartment Building $1,155,874 CAD ($288,969 CAD/Unit) 4.89% Cap Rate Las Vegas, NV 89115
Investment Highlights
- 100% occupied condo portfolio of 4 condos in Las Vegas that are all in the same area for ease of management
- All units have full appliance packages with washers and dryers, outdoor storage rooms, and ample parking
- All units have undergone exterior and interior renovations, and are well maintained
- Attractive financing is available for this portfolio with an interest rate as low as 5.5% with a minimum of 15% down
Executive Summary
Blake Leavitt at KW Commercial is proud to present the opportunity to acquire a 100% occupied condo portfolio of 4 condos in Las Vegas that are all in the same area for ease of management. The 4 condos are located at 4300 N Lamont St #249-#270-#291 that were built in 1984, and 4437 Dover Straight St #301 that was built in 2010. All 4 condos are located in the Northeast Las Vegas submarket, providing efficient access to Downtown Las Vegas, the Las Vegas Strip, Nellis Air Force Base, Apex Industrial Park, and the growing North Las Vegas industrial corridor, which continues to attract significant logistics and manufacturing investment. The surrounding area benefits from strong workforce housing demand driven by nearby industrial employment centers, national distribution facilities, and ongoing population growth throughout Southern Nevada, making this fourplex portfolio well-positioned to capitalize on continued renter demand in one of the region’s key workforce housing corridors. The 3 condos at 4300 N Lamont St consist of 3 large 2-bed/2-bath units that are 864 square feet, and the condo at 4437 Dover Straight St is a large 3-bed/2-bath unit that is 1,539 square feet. There are full appliance packages with washers and dryers in every unit, outdoor storage rooms, and ample parking. All units have undergone exterior and interior renovations, and are well maintained. The owner will sell the condos individually or as a portfolio.
***Attractive financing is available for this portfolio with an interest rate as low as 5.5% with a minimum of 15% down, 5 year fixed rate term, 30 year amortization, and no prepayment penalty.***
***Attractive financing is available for this portfolio with an interest rate as low as 5.5% with a minimum of 15% down, 5 year fixed rate term, 30 year amortization, and no prepayment penalty.***
Financial Summary (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,155,874 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $288,969 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.61 AC |
| Cap Rate | 4.89% | Building Size | 4,131 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1984 |
| Property Subtype | Apartment | ||
| Zoning | C:R-4 - Multifamily | ||
| Price | $1,155,874 CAD |
| Price Per Unit | $288,969 CAD |
| Sale Type | Investment |
| Cap Rate | 4.89% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.61 AC |
| Building Size | 4,131 SF |
| No. Stories | 2 |
| Year Built | 1984 |
| Zoning | C:R-4 - Multifamily |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Views
- Patio
Site Amenities
- Courtyard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | - | 1,539 |
| 2+2 | 3 | - | 864 |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Total Assessment | $372,778 CAD | |
| Land Assessment | $177,763 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $195,015 CAD | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$177,763 CAD
Improvements Assessment
$195,015 CAD
Total Assessment
$372,778 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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4 Unit Renovated Condo Portfolio! | 4300 N Lamont St
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