8742 Brindisi Park Ave

Price
Listing Tags
Beds
9
Size
1422 sqft
Type
Single Family
8742 Brindisi Park Ave

Overview

A vacant single-family home of about 1,400 square feet in southwest Las Vegas, available for lease to a chartered recovery housing operator. Kitchen and laundry appliances were replaced within the past two years, and the home can be delivered vacant.

Lease and Income Structure

8742 Brindisi Park Ave is a single-story, 1,422 square foot single-family home in the southwest Las Vegas valley, offered for lease to an operator ready to open a recovery residence. The property is currently vacant and can be delivered vacant.

The owner reports that the refrigerator, washer, dryer, microwave and dishwasher were all replaced within the last two years, and that window blinds were installed within the last year. Interior paint has been refreshed in several rooms. The home has a shared driveway, with additional parking available on the adjacent street.

This listing is newly posted and still being built out. Photos, floor plan and full property detail are being added. For a tour, current condition, or lease terms, contact Vanderburgh Communities.

Property Financials
Bed Data
Shared Beds 9
Total Beds 9
Vacancy Rate (estimated) 20%
House Mentors 0.8
Revenue-Producing Beds 6.20
Weekly Rent $225.00
Intake Fee $200.00
Revenue (Annual)
Total Potential Rent Income $105,300.00
Less: Vacancy & Loss $21,060.00
Less: Mentor Rent Credit $9,360.00
Plus: Intake Fee Revenue $2,800.00
Plus: Laundry Service Revenue $1,456.00
Total Revenue $79,136.00
Expenses (Annual)
Operating Expenses $8,465.00
Property Insurance $2,600.00
Operator Compensation $24,000.00
Valuation
Capitalization Rate 8.50%