Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $240 per day and long-term for an average of $1,811 per month, based on similar listings in the area. Estimated short-term cap rate of 9.7%. Estimated long-term cap rate of -0.6%. Highly desirable 3 bedroom condo in the guard gated community of "The Residence at Canyon Gate". Excellent location in Summerlin off Sahara and Fort Apache, near shopping, dining, Downtown Summerlin, Red Rock Resort, and EZ LV Strip access. Fabulous resort style amenities including pools, spas, fitness center, tennis court, basketball & racquet ball courts, and walking paths for you and your pet. Community has recently undergone building renovations including new roofs, paint, asphalt, landscape refreshed, and pools resurfaced. Seller has paid off the special assessment for this work. This home has NEW A/C unit (7/2024). Granite counter tops in the kitchen, breakfast bar, dining nook, formal living room with fireplace, sliding glass door to covered balcony, bedrooms with fans/lights, mirrored closet doors, and all appliances convey. Good storage with linen storage in the Primary bathroom. HOA on site. Sold as is.
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $360 |
Rental Policy | daily |
Yearly Taxes | $1110 |
Bedrooms | 3 |
Bathrooms | 2 |
SQFT | 1,183 |
Furnished | N/A |
Year built | 1991 |
Listing Status | Off Market |
MLS | 2673108 |
