Investment Condo at 5155 W Tropicana Ave, Las Vegas, NV 89103 - $16,668 Profit
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Description

Profitable Investment Opportunity: Active on the Market: Resideline estimates that this property can be rented on Airbnb for an average of $282 per day and long-term for an average of $1,716 per month, based on similar listings in the area. Estimated short-term cap rate of 6.2%. Estimated long-term cap rate of 0.8%. Discover contemporary living in this beautifully upgraded 2-bedroom, 2-bathroom condo spanning 1,063 sq. ft. in the sought-after Club Marbella gated community. This stunning home features luxury vinyl plank flooring, stainless steel appliances, and quartz countertops for a sleek, modern touch. The spacious primary suite boasts a stylish accent wall, a large walk-in closet, and an en-suite bath. Unwind next to the custom electric fireplace, adding warmth and ambiance to the open living space. Enjoy resort-style amenities, including two community pools and a fitness center. Conveniently located just 10 minutes from the Las Vegas Strip and Harry Reid International Airport, this prime location offers easy access to world-class entertainment, dining, and travel. Plus, it’s right across from Charlie Frias Park, perfect for outdoor activities. Don’t miss this move-in-ready gem—schedule a showing today!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1114
Bedrooms
2
Bathrooms
2
SQFT
1,063
Furnished
N/A
Year built
1995
Listing Status
Active
MLS
2659990

Short-term Rental Potential
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$35,016

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$253

Price/SQFT

Long-term Rental Potential
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$20,592

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,716/mo

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