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2257 Exeter Drive is a fourplex built in 1983, located on a 7, 405 SF lot in the Sunrise Mountain area. The property boasts 3, 692 SF of living space, consisting of four 2-bedroom, 2-bathroom units, each with a private laundry room. The two upstairs units have been upgraded with modern kitchens and flooring. The property also offers ample parking, including a lot suitable for RV parking or vehicle storage. Current rents range from $1, 300 to $1, 350, providing immediate income potential with a solid 7% CAP rate. Recent improvements include a new roof installed in August 2021 and a patio overhaul at Unit D completed in January 2023. Additionally, various new appliances have been purchased over the last five years, including refrigerators and washers for different units, ensuring turnkey convenience. Unit D is currently undergoing a rehab with new drywall and finishes, expected to be completed by September, and will ask $1, 400/mo. This location offers breathtaking city and strip views.
2257 Exeter Drive is a fourplex built in 1983, located on a 7, 405 SF lot in the Sunrise Mountain area. The property boasts 3, 692 SF of living space, consisting of four 2-bedroom, 2-bathroom units, each with a private laundry room. The two upstairs units have been upgraded with modern kitchens and flooring. The property also offers ample parking, including a lot suitable for RV parking or vehicle storage. Current rents range from $1, 300 to $1, 350, providing immediate income potential with a solid 7% CAP rate. Recent improvements include a new roof installed in August 2021 and a patio overhaul at Unit D completed in January 2023. Additionally, various new appliances have been purchased over the last five years, including refrigerators and washers for different units, ensuring turnkey convenience. Unit D is currently undergoing a rehab with new drywall and finishes, expected to be completed by September, and will ask $1, 400/mo. This location offers breathtaking city and strip views.
Directions to 2257 Exeter Dr: 1. Head East on Lake Mead Boulevard from Hollywood Boulevard. 2. Turn Left on Radwick Drive 3. Turn Right on Tiffollo Lane 4. Turn Right onto Exeter Drive. 5. Continue on Exeter Drive for about 0.2 miles. 2257 Exeter Drive will be on your right.
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