1153 Sierra Vista Drive, Las Vegas, NV 89169

H-1 ZONING!! Εxсеptional opportunity to aсquirе a fully occupied 4-plex at 1153 Sierra Vista Drive, offering immediate, stable cash flow with all tenants participating in the Section 8 program, providing dependable rental income. The property generates an impressive Net Operating Income (NOI) of $84,205, representing approximately a 6.4% cap rate based on the current list price. This well-maintained asset has been updated and is in excellent condition, including all new HVAC/air conditioning units, helping minimize future capital expenditures. Residents also enjoy access to a shared swimming pool and a shared coin-operated laundry facility, creating additional income potential. Best of all, there is no HOA, keeping operating costs lower and maximizing investor returns. A key feature that sets this property apart is its highly desirable H-1 (Limited Resort & Apartment) zoning. The adjacent 4-plex at 1165 Sierra Vista Drive is also available for purchase and is similarly zoned H-1. Each...