12111 Cherry Moon Court 1, Las Vegas, NV 89183, Las Vegas, 89183 - 3 bed, 3 bath
12111 Cherry Moon Court 1
Las Vegas, NV 89183
Property Price
SUMMARY
Analysis of 12111 Cherry Moon Court 1, Las Vegas, NV 89183 is currently available with a list price of $350,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Las Vegas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2020, this property is well within the 10-year threshold for an excellent rating. It features modern, high-quality finishes including white shaker cabinetry, luxury vinyl plank flooring, and stainless steel appliances. The home is move-in ready with contemporary fixtures and functional upgrades like closet organizers, showing no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Turnkey Finishes
Built in 2020, the home features contemporary white shaker cabinetry, luxury vinyl plank flooring, and stainless steel appliances, ensuring a move-in-ready experience with minimal immediate capital expenditure.
- Immediate Rental Income
The property is currently tenant-occupied at $2,000 per month with a tenant willing to extend, offering investors immediate cash flow and a seamless transition without vacancy loss.
- Functional Upgrades
Thoughtful additions such as custom closet organizers in all bedrooms and included appliances (refrigerator, washer, and dryer) provide enhanced utility and value compared to standard builder-grade units.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly association fee of $363 is relatively high for this price point, which may impact the overall debt-to-income ratio for buyers or net ROI for investors.
- Occupancy Limitations
Being tenant-occupied on a month-to-month basis may present a timing challenge for owner-occupant buyers who require immediate possession, as it necessitates a minimum 30-day notice period.
About 12111 Cherry Moon Court 1
Well-maintained, tenant-occupied 2-story townhome featuring white shaker cabinetry throughout, luxury vinyl plank flooring in main living areas, and carpeted bedrooms. Kitchen is equipped with stainless steel appliances, with refrigerator, washer, and dryer included. Ceiling fans throughout and closet organizers in both the primary suite walk-in closet and secondary bedroom closets add thoughtful functionality. Property is currently tenant-occupied at $2,000 per month on a month-to-month basis. Tenant is willing to sign a one-year lease extension, making this an attractive opportunity for investors seeking immediate cash flow. Convenient layout and move-in ready condition. Seller can terminate the lease for owner occupancy, 30 days minimum notice to tenant.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2020
- Lot Size
- 5,029 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $363 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,583 | 1,430 | 78% |
| Lot Size | 5,029 | 4,688 | 65% |
| Price | $350.0K | $335.0K | 63% |
| Price per sq ft | $221 | $232 | 35% |
| Built year | 2020 | 2020 | 50% |
| HOA | $363 | $175 | 88% |
| Days on market | 40 | 216 | 5% |
Pricing History
Listed for Sale
Jan 26, 2026
$350,000
Initial Listing