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Featured Condo Investment

LAS VEGAS NEVADA - ZERO DOWN, ZERO CLOSING, DEVELOPER LEASEBACK CONDO INVESTMENT

Turnkey Zero Money Down Condo Investment in Las Vegas, NV

Incentives
Developer Leaseback for 2 or 3 Years Zero Down or 5% Down (depending on buyer's credit) Zero Closing Costs 100% of Property Taxes Paid for 2 or 3 Years 100% of HOA Paid for 2 or 3 Years 100% of Property Management Paid for 2 or 3 Years 100% of Utilities Paid when due for 2 or 3 Years 100% Home Warranty Paid for any repairs and replacements


Additional Incentive Details
Developer enters Assured Rental Master Lease with Buyer and will pay 100% of the expenses for operating, maintaining and leasing the unit during the lease term of 2 or 3 years Zero Transfer Taxes Zero Points Zero Prepayment Penalty 100% of Title & Insurance Fees Paid 100% of Condo Owners Capital Reserve Paid 100% of Mortgage Recording Costs, Tax Stamps & Doc Prep Paid Your Walk-in Equity is amongst the highest in the market
Pricing
One Bedroom One Bath Units from $170,000 Two Bedroom Two Bath Units from $230,000
Incentive Details
Incentive Details Click Here for Developer Leaseback & Incentives
Credit Requirements
Closings in 2-3 weeks, Minimum Credit Score: 680

ADDRESS: Mesa Street, Henderson (Las Vegas), Nevada 89074

AREA QUALITY LEVEL: A                  PROPERTY QUALITY LEVEL: A                YOC: 2001

CONVERSION DATE TO CONDOMINIUM: February 2005

SITE: 18.68 Acres+-

BUILDING DESCRIPTION: 2 story buildings

T0TAL NUMBER OF CONDOMINIUMS: 296

INDIVIDUAL GARAGES AVAILABLE: detached garages included in price with certain units.

OUTDOOR RESERVED AND OPEN PARKING: 296 spaces reserved / 396 spaces open

CONDOMINIUM CEILING HEIGHT: 9 feet

INDIVIDUAL CONDOMINIUM FEATURES ( included) washers and dryers, screened lanais available, patios available,

COMMON AREA AMMENITIES ( included ): Full clubhouse, 24 hour fitness center, swimming pool and recreation deck, tennis courts, extensive children’s playground, business center, some units next to wildlife preserve, individual garages available when applicable, separate men’s and women’s pool dressing rooms.

SECURITY ( included ): Gated community with special electronic gates, direct communications to individual apartments, perimeter fencing.

INDIVIDUAL CONDOMINIUMS
Model                                            Number     Apt
                                                         Apts        sq ft
1BR/1BTH                                          48           700
1BR/1BTH                                         56           775
2BR/2BTH                                         64           938
1BR/2BTH                                         80        1,024
2BR/2BTH                                          24        1,029
3BR/1BTH B1S Raleigh                    24        1,156

TOTALS _296_

Note: Information provided by Seller’s representative

AREA DEMOGRAPHICS

Las Vegas City, Nevada Statistics and Demographics (US Census 2000)


	Number	Percent
Las Vegas Population:	478434	100.00%

Sex and Age
Male	243077	50.81%
Female	235357	49.19%

Under 5 years	36900	7.71%
5 to 9 years	37034	7.74%
10 to 14 years	32467	6.79%
15 to 19 years	29033	6.07%
20 to 24 years	30616	6.4%
25 to 34 years	77156	16.13%
35 to 44 years	76139	15.91%
45 to 54 years	59610	12.46%
55 to 59 years	23896	4.99%
60 to 64 years	20286	4.24%
65 to 74 years	33985	7.1%
75 to 84 years	17411	3.64%
85 years and over	3901	0.82%

Median age (years)	34.5

18 years and over	354379	74.07%
Male	179363	37.49%
Female	175016	36.58%
21 years and over	337045	70.45%
62 years and over	67143	14.03%
65 years and over	55297	11.56%
Male	25665	5.36%
Female	29632	6.19%

Race
One race	459037	95.95%
White	334230	69.86%
Black or African American	49570	10.36%
American Indian and Alaska Native	3570	0.75%
Asian	22879	4.78%
Asian indian	1229	0.26%
Chinese	2784	0.58%
Filipino	11182	2.34%
Japanese	2422	0.51%
Korean	1571	0.33%
Vietnamese	946	0.2%
Other Asian	2745	0.57%
Native Hawaiian and Other Pacific Islander	2145	0.45%
Native Hawaiian	956	0.2%
Guamanian or Chamorro	379	0.08%
Samoan	403	0.08%
Other Pacific Islander	407	0.09%
Some other race	46643	9.75%
Two or more races	19397	4.05%

Hispanic or Latino and race
Total Population	478434	100.00%
Hispanic or Latino(of any race)	112962	23.61%
Mexican	83490	17.45%
Puerto Rican	2866	0.6%
Cuban	3393	0.71%
Other Hispanic or Latino	23213	4.85%
Not Hispanic or Latino	365472	76.39%
White alone	277704	58.04%

Relationship
Total Population	478434	100.00%
In households	470249	98.29%
Householder	176750	36.94%
Spouse	85359	17.84%
Child	134304	28.07%
Own child under 18 years	107802	22.53%
Other relatives	37450	7.83%
Under 18 years	12392	2.59%
Nonrelatives	36386	7.61%
Unmarried partner	12519	2.62%
In group quarters	8185	1.71%
Institutionalized population	5416	1.13%
Non-Institutionalized population	2769	0.58%

Households by Type
Total Households	176750	100.0 %
Family households (families)	117466	66.46%
With own children under 18 years	56363	31.89%
Married-couple family	85359	48.29%
With own children under 18 years	38108	21.56%
Female householder, no husband present	21637	12.24%
With own children under 18 years	12946	7.32%
Non Family households	59284	33.54%
Householder living alone	44271	25.05%
Householder 65 years and over	13227	7.48%

Households with individuals under 18 years	63050	35.67%
Households with individuals 65 years and over	40142	22.71%

Average Household size	2.66
Average family size	3.19

Housing Occupancy
Total housing units	190724	100.00%
Occupied housing units	176750	92.67%
Vacant housing units	13974	7.33%
For seasonal, recreational, or occasional use	1793	0.94%
Homeowner vacancy rate (percent)	2.5
Rental vacancy rate (percent)	8.4

Housing Tenure
Occupied housing units	176750	100.00%
Owner-occupied housing units.	104481	59.11%
Renter-occupied housing units.	72269	40.89%

Average household size of owner-occupied units	2.76
Average household size of renter-occupied units	2.52

Based on 2000 US Census data.

THE TOTAL SUM OF THE “INCENTIVES” PROVIDED TO EACH BUYER, INCLUDING PAYMENT OF CLOSINGS COSTS WHERE APPLICABLE AND ALL PAYMENTS TO THE BUYER/LANDLORD UNDER THE TERMS OF THE MASTER LEASE, AS WELL AS ALL BROKERAGE COMMISSIONS PAID BY THE SELLER, ARE APPROXIMATELY THIRTY-THREE (33%) PERCENT OF THE GROSS SALES PRICE (PAID BY THE BUYER) AND ARE RECEIVED BY THE SELLER IN WHOLE OR IN PART AS A CASH DISCOUNT TO HIS PURCHASE PRICE FROM THE ORIGINAL DEVELOPER/SPONSOR

* - NOTICE: Projected financials are NOT a guarantee of future performance. All property specific information conveyed through this website is provided by third-party sources and is believed to be valid, however this company makes no claims to the accuracy of information presented herein. You are advised to refer to state mandated documents provided by the selling party for specific details related to your real estate purchase.

This is not intended to be an offer to sell nor a solicitation of offers to buy real estate for any of the properties listed on this site for residents of states that are not eligible to purchase property in said locations (unless registered or exemptions are available) or in any other jurisdiction where prohibited by law.

Phone :

email :

sales@reinalliance.com

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