349 Orchid Oasis Ave, Las Vegas

  I had an open house this last Saturday at the subject property and it kind of reminded me the last time Vegas Valley properties seemed cheap.  This property is listed for $215k and would rent for $1400 per month all day long which if I do my math correctly is 7.8% cap rate per year.  Now compared with other investments, etc. this seems to me pretty good.  I'm not even including the appreciation which is about, let's say 8% per year right now on $215k compounding, etc.  The last time properties looked this good, I was a buyer.  If you would like more information about Orchid Oasis, please contact me, I'll be your boots on the ground if you are from elsewhere...



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