12u12u (CAP RATE = 8.5%) ONLY $730,000 (NOI = $62K) = The 12 units APARTMENT ( in las vegas) = (( LOT SIZE = 16,000 SQFT )) Consist of 12 single level townhomes (( 100% RENTED OUT NOW!)) Was Built in 1983 (all were remodeled 1 year ago) (CAP RATE = 8.5%) ONLY $730,000 = The 12 units APARTMENT ( in las vegas) = consist of 12 single level townhomes built in 1983 (all were remodeled 1 year ago)

(CAP RATE = 8.5%) ONLY $730,000 !!!The 12 units APARTMENT ( in las vegas) consist of 12 single level townhomes built in 1983 (all were remodeled 1 year ago)!

The 12 units in v(CAP RATE = 8.5%) 
ONLY $730,000 = The 12 units APARTMENT ( in las vegas) = consist of 12 single level townhomes built in 1983 (all were remodeled 1 year ago) egas consist of 12 single level townhomes built in 1983, in the same subdivision, (individually deeded) 

So they can be sold and bought separately, 
they all were remodeled 1 year ago, 

and we are selling all of them for $730,000, 
and  there are:

3 units  = 2 bed 2 bath = 1022 sq ft each unit

8 units  = 2 bed 1 bath =  785 sq ft each unit 

1 units  = 1 bed 1 bath =  690 sq ft

the rents are as follow:

1. 3524 Jungle #4 $600

2. 865 Mantis # 3 $600

3. 865 Mantis # 4 $600

4. 881 mantis # 4 $600

5. 849 Hedge # 3 $550

6. 849 Hedge # 4 $500

7. 816 Hedge # 4 $550

8. 3501 Folage #3 $500

9. 3501 Folage #5 $500

10. 3529 Folage #3 $600 

11. 816 Hedge # 6 $675

12. 865 Mantis # 5 $650

for a total rents of $6,875 per month 

or $82,500 per year 

The rents are lower than market rent, usually the cheapest rents are $600 up to $700 for the larger ones.

Tenants pays water, electricity and gas.

Owner pays (taxes about $25 each p/ month) 
(insurance about $17 p/month) 
(HOA $115 each p/month) 
(sewer $20 each p/month).