2196 Pescara Court, Las Vegas, NV 89123, Las Vegas, 89123 - 5 bed, 3 bath
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Las Vegas, NV 89123
This High-Income Producing Asset is a High-Potential Investment Opportunity listed at $699,000, representing a stable entry point at its $699,000 Fair Market Value. Despite a Fair Condition Rating due to original kitchen cabinetry and tile counters, the property is a proven short-term rental featuring a private Pool and Spa. The availability of Creative Seller Financing offers a rare path to acquisition without traditional bank qualifications. Combined with a Low $13 HOA, this property is perfectly optimized for Buy-and-Hold Investors and Short-Term Rental Operators.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2196 Pescara Court Subject | $699,000* List Price | 5 | 3 | 2,792 | $250 | - |
A 9625 Summer Lilac Court Sold | $600,000 List Price | 5 | 3 | 3,050 | 0.4 mi | |
B 9620 Orchid Bay Drive Sold | $700,000 | 5 | 3 | 2,982 | $235 | 0.4 mi |
C 9620 Orchid Bay Drive Sold | $700,000 | 5 | 3 | 2,982 | $235 | 0.4 mi |
D 9620 ORCHID BAY Drive Sold | $700,000 | 4 | 3 | 2,982 | $235 | 0.4 mi |
E 1647 Silver Knoll Avenue Sold | $612,000 | 5 | 3 | 2,255 | $271 | 0.5 mi |
F 1905 Bocale Court Sold | $528,000 | 3 | 2 | 2,400 | $220 | 0.3 mi |
G 1846 Autumn Gold Avenue Active | $629,999 List Price | 6 | 3 | 3,050 | $207 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1998, falls within the 25-40 year age bracket typical of the 'fair' condition category. While it features several cosmetic updates such as modern luxury vinyl plank flooring, fresh interior paint, stainless steel appliances, and updated bathroom fixtures, the core components remain dated. Specifically, the kitchen retains tile countertops and older cabinetry, and the overall architectural style and bathroom enclosures reflect the original construction period without evidence of a full-scale professional renovation.
The property is a proven high-income short-term rental featuring a private pool and spa, making it a turnkey opportunity for investors seeking immediate cash flow.
The availability of creative seller financing allows buyers to acquire the property without traditional bank qualifications or strict lending requirements.
An exceptionally low HOA fee of just $13 per month minimizes monthly overhead, significantly enhancing the property's net operating income.
The presence of tile countertops and older custom cabinets suggests the interior may require modern cosmetic upgrades to remain competitive in the luxury rental market.
Built in 1998 and utilized as a high-traffic rental, the property may soon require capital expenditures for major systems like HVAC or pool equipment.
Attention Investors- Solid cash flow opportunity — this 5-bedroom, 3-bath property performs exceptionally as a short-term rental. Backyard with pool & spa makes it highly desirable for guests. Open Concept Lay Out with a formal dining room, family room, bright kitchen, tile countertops, stainless steel appliances and custom cabinets. Walk upstairs to a large open loft and second floor laundry room. Primary bedroom with an ensuite and walk-in closet. The best part? You can purchase through creative seller financing — no banks, no strict qualifications. Low HOA keeps expenses down and profits up. Don’t miss this chance to own a high-income producing property with flexible financing. Opportunities like this don’t last!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,792 | 1,907 | 84% |
| Lot Size | 6,534 | 6,098 | 53% |
| Price | $699.0K | $410.0K | 93% |
| Price per sq ft | $250 | $227 | 63% |
| Built year | 1998 | 1998 | 50% |
| HOA | $13 | $0 | 52% |
| Days on market | 594 | 811 | 45% |
Sep 5, 2024
$699,000
Initial Listing