NV
Clark
Indian Springs
89018
596 W Fisher Lane
596 W Fisher Lane, Indian Springs, NV 89018
Share Listing
Listing Type
Lots/Land
Listing Status
Active
24
$1,250,000
Home Details for 596 W Fisher Lane
Price
$1,250,000
Type
Land
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
1.64
County
Clark
Garage
Days on site
0
MLS Listing#
2748790
Property Description
Offered for sale is a stabilized rental investment in Indian Springs, NV, located directly across from Creech Air Force Base, providing consistent tenant demand supported by military employment. The property consists of seven (7) fully occupied modular homes generating $122,400 in annual Net Operating Income and is offered at a 10% cap rate with 100% occupancy. The unit mix includes four newer 3-bedroom/2-bath homes, two remodeled 2-bedroom/2-bath homes, and one 2-bedroom/1-bath Musk-style small home. All units are owned and convey with the sale, providing immediate cash flow. The modular homes are not converted to real property, resulting in very low property taxes of approximately $500 per home annually. Conversion is optional at an estimated $10,000 per unit. Situated on approximately 1.64 acres, the property is zoned for up to 22 units, with two newly installed pads allowing for near-term expansion. Turn-key, high-yield investment with strong in-place income and upside potential.
Property Features
Water Features
- Public
Listing Courtesy: LPT Realty, LLC - 702-545-0020
Presented by: Cody Trevor Corio
The data relating to real estate for sale on this website comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. GLVAR deems information reliable but not guaranteed. Copyright ©2026 of the Greater Las Vegas Association of REALTORS® MLS. All Rights Reserved.Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Greater Las Vegas Association of Realtors.
EXIT REALTY NUMBER ONE
316 S. Jones Blvd, Las Vegas, NV 89107Bev Prock
License #: S.0078180
Sales Representative
Office
702 949 2409
Agent
702 460 6889
Request more details
Code: