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Prestwick Townhomes 700 Preston 4 Unit Apartment Building $1,604,480 CAD ($401,120 CAD/Unit) 6.57% Cap Rate Mesquite, NV 89027



EXECUTIVE SUMMARY
New Construction 4 Plex is currently in Pre-sales. The first lots are available for $200k. Project is adjacent to a new develop master plan located in the North side of Mesquite Nevada.
PROPERTY FACTS
| Price | $1,604,480 CAD | Property Subtype | Apartment |
| Price Per Unit | $401,120 CAD | Apartment Style | Townhome |
| Sale Type | Investment | Construction Status | Proposed |
| Cap Rate | 6.57% | Building Size | 4,288 SF |
| Gross Rent Multiplier | 15.21 | No. Stories | 2 |
| No. Units | 4 | Parking Ratio | 0.47/1,000 SF |
| Property Type | Multifamily | Cross Streets | Preston Way and Hardy Way |
| Price | $1,604,480 CAD |
| Price Per Unit | $401,120 CAD |
| Sale Type | Investment |
| Cap Rate | 6.57% |
| Gross Rent Multiplier | 15.21 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Construction Status | Proposed |
| Building Size | 4,288 SF |
| No. Stories | 2 |
| Parking Ratio | 0.47/1,000 SF |
| Cross Streets | Preston Way and Hardy Way |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Vaulted Ceiling
- Sprinkler System
- Walk-In Closets
- Family Room
- Instant Hot Water
- Island Kitchen
SITE AMENITIES
- Green Community
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2.5 | 4 | $3,069 CAD | 1,072 |
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Prestwick Townhomes | 700 Preston
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