Showing posts with label las vegas leaseback model home builder incentives cap rate real estate. Show all posts
Showing posts with label las vegas leaseback model home builder incentives cap rate real estate. Show all posts

Wednesday, September 12, 2007

Model Leasebacks in Las Vegas 12% Cap Rate

Cash Positive with 12% CAP RATE

2 Model Homes for Sale

Builder Lease backs Silverado Ranch Area -

  1. 2468 SF 3 bed 2sty, 3 car garage, POOL, full covered sundeck, retreat Includes all model home upgrades and furnishings - List Price: $609,007
  2. 2834 SF 4 bed 2sty, 3 car garage, 1 bed down, separate family/dining - List Price: $643,059

Builder rent back at Rent of 1% of sales price per month ($6090/$6430)
Min. 18 month lease with options to renew up to 18 months. Cash Positive with 12% CAP RATE and no one living in the unit so no daily wear and tear and no maintenance as builder will handle all.
15% Down Required for Stated Income or 10% Down for Full Doc. 3% For Closing Costs also paid

Thank you

Jason and Olivia

McClellan Team, Liberty Realty
2920 S. Durango Dr.
Las Vegas, NV 89117
efax 702-543-4845
www.oliviasellsvegas.com

Olivia McClellan, ABR, GRI, RRG
Liberty Realty, Broker/Salesperson, REALTOR®
Direct 702-372-2671
olivia@oliviasellsvegas.com

Jason McClellan, REALTOR®
Liberty Realty, Salesperson
Direct 702-218-3302
info@oliviasellsvegas.com

A quote we live by: "You will miss 100% of all the shots you never take" Wayne Gretzky