
Las Vegas, NV 89149
This property presents a High-Potential Investment Opportunity with a List Price of $414,700—positioned well above the $381,118 Fair Market Value by 8%. Featuring a Fair Condition Rating, this 1999-built home offers a stable, turnkey rental with a long-term tenant secured through 2027. The property includes a private patio and benefits from low HOA fees, making it a reliable income-generating asset. Given the current lease terms and "as-is" status, this is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking immediate, consistent cash flow in the Las Vegas market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7801 Quill Gordon Avenue Subject | $414,700* List Price | 3 | 3 | 1,705 | $239 | - |
A 5732 Desert Sky Sold | $471,500 | 4 | 3 | 1,946 | $242 | 0.2 mi |
B 7777 VERDE RIVER Way Sold | $299,900 List Price | 3 | 2 | 1,741 | 0.5 mi | |
C 7777 Verde River Way Sold | $439,000 List Price | 3 | 2 | 1,741 | 0.5 mi | |
D 7841 QUILL GORDON Avenue Sold | $350,000 | 3 | 4 | 1,303 | $269 | 0.1 mi |
E 7841 Quill Gordon Avenue Sold | $350,000 | 3 | 2 | 1,303 | $269 | 0.1 mi |
F 5621 Dawnbreak Drive Sold | $440,000 | 4 | 3 | 1,946 | $226 | 0.3 mi |
G 7800 BEN HOGAN Drive Sold | $325,000 List Price | 2 | 2 | 1,606 | 0.7 mi | |
H 5620 Desert Creek Way Pending | $435,000 List Price | 3 | 3 | 1,793 | $243 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, this 25-year-old property falls into the Fair category as it is over 20 years old with no mention of recent major renovations. While functional and described as 'turnkey' for an investor, the kitchen and interiors appear dated with original-style white cabinetry and black appliances.
The property is a turnkey investment with a quality long-term tenant secured through January 2027, ensuring immediate and consistent cash flow for the buyer.
At only $17.50 per month, the exceptionally low HOA fee minimizes operating expenses and maximizes the net operating income for investors.
This home is part of a 12-property portfolio, offering a unique opportunity for institutional or bulk investors to acquire multiple assets in a single transaction.
The long-term lease through 2027 and 'do not disturb' requirement make this property unsuitable for owner-occupants, restricting the resale market to investors only.
The property is sold as-is with no seller representations regarding future tenancy or maintenance, which may necessitate additional capital reserves for repairs.
Turnkey investment opportunity in Cimarron Village North. Fully leased single-family home with a quality long-term tenant in place through January 31, 2027, at $1835/month. 3 bed / 3 bath (2 full + 1 three-quarter), 1,705 sq ft, 2-car garage. HOA $17.50/mo. Tenant pays utilities. Property is part of a 12-home Las Vegas SFR portfolio available for bulk purchase — contact listing agent for full portfolio package and rent roll. Do not disturb occupants. All showings by appointment through the agent with proper tenant notice per NRS 118A. Offered as-is; seller makes no representations regarding future tenancy.
No exterior & parking available.
Grades PK-5 • 1.1 mi
Grades 6-8 • 2.4 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,705 | - |
| Lot Size | 4,356 | - |
| Price | $414.7K | $474.8K |
| Price per sq ft | $243 | $257 |
| Built year | 1999 | 0 |
| HOA | $1750 | $0 |
| Days on market | 47 | 526 |
Jun 5, 2026
$414,700
Initial Listing
Oct 23, 1998
$143,000
Public Record