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

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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

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