207 11th, Las Vegas, Nevada 89101

SEE ATTACHED OM 207th N 11th Street (30 studio units and a single 1/1) APN 139-35-211-053 1108 East Ogden Ave (1 SFR and parking lot) APN 139-35-211-054 -PIQ is located in the OPPORTUNITY ZONE for huge tax incentives. -30 Studio units plus an attached 1/1 manager unit plus a 1/1 SFR (32 Total Units) -Units are considered Single Room Occupancy (SRO) meaning each studio has a full size refrigerator, but no kitchen sink and no stove. Microwaves are allowed. There is a community kitchen. -Ogden 1/1 is 682 SF and 11th Street are 31 units and approx. 9, 000 living SF -Close to Zappos HQ and downtown Container Park in the East Fremont District -Recently completed Environmental Phase 1 Report in Feb 2019 -Recently completed Property Inspection report in March 2019. -Current owner has owned since 2008. -16 tenants have been there more than one year with the longest tenant occupying since 2008 -100% Occupancy -VCT Flooring -Original Electric and plumbing -Foam Roof completed between 2009-2010 -Currently appr. 10 parking spots but could be over 20 if lot was cleared. -2 separate parcels sold together -.48 acres for both lots -Owner pays all utilities and basic furnishings. -Year Built: 11th Street (31 Unit Main Building) built in 1963 and Ogden (1/1 SFR) was built in 1930 -Community Laundry room profits approx. $100 per month -Wall mounted PTAC units for heat and AC in each unit. -No Assumable Loan and Owner not willing to carry a note.