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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

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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
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
  • Listing ID: 28523260

  • Date on Market: 2023-05-18

  • Last Updated:

  • Address: 700 Preston, Mesquite, NV 89027

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