Monday, August 19, 2013

Four Downtown Las Vegas Properties For Sale in the Path of Tony Hsieh's Re-development Project!

With Tony Hsieh trying to acquire all the residential properties in the East Fremont Street area, I have Four properties listed that could make the right investor money.

Each property in itself is unique. And, they are (mostly) surrounded by Tony's Downtown Project crew.

One is just north of Ogden on 9th called the Alpine Motel.  even though Tony has concentrated on acquiring the residential properties down town, he walked into this one while showing Ashton Kutcher what he is doing, announced he was buying the place which resulted in the owner calling me and chewing me out for NOT telling him a showing was going to happen.

The truth is, Tony didn't tell anyone he was going to do this.  Even his RE Broker was caught off guard.

Then there are two small office buildings which are owned by a life long Las Vegas resident.  One building faces Ogden and the other faces 9th Street.  These are store front office buildings which could be used as an office on addition to Tony's downtown high rise office building where he plans to house a bunch of start ups!

If you are already in business and well beyond the start up phase, this building could be for you.  It will have access to all the surrounding properties that will be re-developed or constructed on the vacant land in this area.

Another building in this 9th Street area is an old assembly hall -- The Lodge.  This is very old and dilapidated building that has seen better days.  This will have to be torn down.

The last is a property that Tony should have bought late last year.  It is a duplex.  It is small ans the lot is small.  But, it is the last building on the block to complete the block's assemblage.  I have no idea why Tony's crew just does NOT make an offer and move forward.  He will need this lot to do anything along this corridor.

If interested in this area; and/or you want to make some money by flipping to Tony, these properties are worth going after.

For more Information about any Las Vegas Commercial Investment Real Estate Property, contact David Howes at: davidATavidhowesDOTnet OR call 70-25-01-93-88

Sunday, August 18, 2013

Only One +/-8% Cap Rate Left for Las Vegas CRE Investment Property!

About a two weeks ago, I notified you blog readers that there were Two 8% Cap Rate properties available here in Las Vegas. These have credit tenant's on long term leases.

Unfortunately, there is only One left! And, that one (should) will be gone (hopefully) by Friday.

Most of you will NOT be able to acquire this because of the $3 Million price range.  But, those of you who have verifiable funds, should contact me today.

Because, those of you who will qualify, it pays an annual rent of +/-$250,000.00 -- which is more than enough money to help you maintain your life style which you have become accustomed too.

And, the first investor (out of this group of readers with verifiable funds) will have the opportunity to acquire this property today.

This is NOT a teaser. The property is leased long term by a regional restaurant company; and it is in a higher than normal income neighborhood.  And because of the strict zoning requirements, they are NOT going to give this location up!

So, IF interested, email me ASAP!

Las Vegas real estate is recovering quickly and acquiring a CRE property at an 8% Cap Rate is disappearing.

For more Information about any Las Vegas Commercial Investment Real Estate Property, contact David Howes at: davidATdavidhowesDOTnet OR call 70 25 01 93 88!

Sunday, August 4, 2013

8% Cap Rates for two Las Vegas CRE Investment Properties!

That's correct.

And, the first investor with verifiable funds gets the worm.

This is NOT a teaser.  There are two CRE properties in Las Vegas that can be acquired for an 8% Cap Rate.

One will earn you $+/-315,000 in annual rental income!
The other will earn you $+/-250,000 in annual rental income!

The first is a retail center with a 7 Eleven as its anchor; the second is a freestanding PT Pub!

For more Information about any Las Vegas Commercial Investment Real Estate Property, contact David Howes at: davidATdavidhowesDOTnet OR call 70 25 01 93 88!