Friday, September 17, 2010

275 unit condo complex ( 248 units vacant and ready for sale ) - Las Vegas Blvd - 12 000 sq ft retail commercial

www.buytetonland.com

Timothy Anderson

Windermere Real Estate Teton Valley
Windermere Prestige Properties Henderson Nevada

pH 208 390 0737
email : buy@buytetonland.com

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Las Vegas Blvd - $ 42 million plus buyers commission costs

* developer will consider joint venture

275 unit luxury condo complex / 248 vacant and for sale

New construction

12 000 sq ft prime retail location is ready for tenants

- All retail suites have Las Vegas Blvd address and
prime signage opportunity

- Ample parking dedicated to retail customers

- Landscaped patio seating along LV Blvd

- Restaurant space, grease intercept ready

- Strong daytime population of
office professionals

- Zoning C-2 City of Las Vegas

- Suites from 980 - 4000 sq ft

247 class c apartments - Las Vegas - BEST PER DOOR COST IN lAS vEGAS

www.buytetonland.com

Timothy Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Henderson Nevada

pH 208 390 0737
email : buy@buytetonland.com

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247 class c apartments units in the old Vegas area.

The bank has this as an REO fee simple deal.

$ 5 225 000
This is a C class deal, that has low rents and been mis managed. There are 3 buildings and across the board they are currently 85% occupied. Two of the buildings are cash flowing, one is not.

Thursday, September 16, 2010

336 unit condo / apartment rental complex - Near Summerlin - Las Vegas NV

www.buytetonland.com

Timothy Anderson

Windermere Real Estate Teton Valley
Windermere Prestige Properties Henderson Nevada

pH 208 390 0737
email : buy@buytetonland.com

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336 unit / $ 37 080 000

class A condo / apartment complex

net rentable area 332 784 sq ft

year built 1998

land area 16.16 ac

Full size washer/dryer in each unit

Fireplaces in second floor units

Large private patio / balcony with additional storage

State of art fitness center

Clubhouse

Resort style 24 hr swimming pool / spa

Borders Summerlin

Close proximity to class A office buildings, neighborhood shopping centers,
fashion, retail and restaurants

UNITS

128 1br / 1 bath 815 sq ft

56 2 br / 2 bath 998 sq ft

120 2 br / 2 bath 1104 sq ft

32 3 br / 2 ath 1253 sq ft

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3 568 000 gross rent potential

214 000 vacancy ( 6% actual )

3 354 000 net rental
---------------
187 394 other income

107 094 utility reimbursement
----------------
3 648 488 gross operating income

1 239 316 expenses

1 594 092 loan

815 080 cash flow
OPERATING EXPENSES

391 652 office payroll
107 512 management
33 600 landscaping
97 000 repairs / maintenance
226 800 utilities
28 560 advertising
35 400 insurance
234 792 property taxes
84 000 capital reserves
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1 239 316 total expenses

Wednesday, September 15, 2010

Las Vegas 61 unit Luxury Condos - Short Sale - inludes land for additional 311 units

www.buytetonland.com

Timothy Anderson
Windermere Real Estate Teton Valley
Windermere Prestige Properties Henderson Nevada
pH 208 390 0737
email : buy@buytetonland.com

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LUXURY CONDOS

Short Sale - bank wants offers

100% UNOCCUPIED
100% COMPLETE

61 unit ( entitled for 372 ) - INCLUDES LAND FOR ALL

units range 1064 - 4000 sq ft

baths from 1 to 3.5
br from 1 to 4


price in range of $ 6 374 500 - $ 7 649 400

4 story building






Exterior appointments

- guard gated entry
- two subterranean parking spaces per tenant with appointed storage
- outdoor heated pool and spa
- outdoor courtyard with lush foliage and calming water fountain


Two passenger elevators

Two interior stairwells

Foundation consists of poured reinforced concrete/perimeter footings and column pads

The construction components include concrete and steel.

The ground floor is a concrete slab on compacted fill, the other floors are steel reinforced concrete.

The building exhibits flat roofs with a built up composition roofing.

Underground parking garage which includes reserved handicap spaces and additional parking near the current sales office.

SALES OFFICE ON SITE FOR YOUR SALES TEAM

The individual units include roof mounted condenser/compressor units with forced air gas furnaces located within the interior of the units.

Each unit is individually metered for electrical usage. Anticipated operations indicated the Landlord is responsible for water, sewer, trash costs to the individual units, tenants shall pay all other utility costs.

The management office includes a security alarm system.

The improvements are fire sprinkled and all units are equipped with smoke detectors


UNITS

1A

1400 sq ft ( includes 336 sq ft patio )
1 br, 1 bath
computer alcove
two sided fireplace

1B

1738 - 2173 sq ft ( includes 153 - 588 sq ft patio )
2 br, 1 ¾ bath
computer alcove
two sided fireplace




1C

5188 sq ft ( includes 1024 sq ft terraces )
4 br, 3.5 bath
computer alcove
two sided fireplace
loft



15 MODELS TOTAL - CALL FOR DETAILS

Wednesday, September 1, 2010

re : 61 unit ( entitled for 372 ) luxury condo complex - LV - includes land for all

www.buytetonland.com

Timothy Anderson

Windermere Real Estate Teton Valley

Windermere Prestige Properties Henderson Nevada

pH 208 390 0737
email : buy@buytetonland.com

---------------------------------------------
Short Sale


100% UNOCCUPIED


61 unit ( entitled for 372 ) - includes land for all / luxury condos


units range 1064 - 4000 sq ft


price in range of $ 6 374 500 - $ 7 649 400


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230 units ( of 360 total )

Apartment / Condo

Henderson

$ 12 017 500

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240 units / Bank Owned

Condo Mapped Apartments

Off Tropicana

$ 12 540 000


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72 unit apartment building / bank approved short sale

$ 1 567 500

built 1981

7 two story buildings

50 856 sq ft rental



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247 class c apartments units in the old Vegas area.

The bank has this as an REO fee simple deal.

$ 5 225 000
This is a C class deal, that has low rents and been mis managed. There are 3 buildings and across the board they are currently 85% occupied. Two of the buildings are cash flowing, one is not.


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63 UNIT LUXURY CONDO PROJECT NEAR STRIP

$ 9 718 500

BANK OWNED FORECLOSURE REO - NOT LISTED - GENERAL OFFERING BY BANK

LOCATED NEAR STRIP

ORIGINAL COST OF CONSTRUCTION $ 23 000 000

2 and 3 BR Condos

144 car parking facility




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New Construction
275 unit luxury project
near strip
248 units unsold
12 000 commercial
owner will consider JV

$ 42.3 mil


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608 unit condo rental project
popular rentals
2.5 mil + CF before debt service

$ 85 mil


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Broken condo deal

172 out of 450 available at 150 per square foot.

This package is for the sale of 20 of them, but all can be had for 50 per square foot less than these.

The developer will turn over his seat on the board.

Gorgeous property

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Condo Development

Broken condos so 205 available of 265 condos

Bank wants 120K a door

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Next to Summerlin / Condo - Apartments

$36.575 mil for 336 units

At current rents is a 6 cap.


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Apartments Class A

$25 080 000 mil firm from seller (purchased for $42MM in 2008)
Built 2000. 352 units on Lake Mead Blvd in Vegas.

80% occupancy.



Give me a call if I can be of any help - pH 208 390 0737