Renovated and tenant-occupied at market rent, 4300 N Lamont #236 is a turnkey investment offering immediate cash flow and exceptional returns. Exceeding the 1% rule, the property delivers a projected 9.4% cash-on-cash return and a 8.6% actual cap rate. Competitively priced to sell, this condo presents an outstanding opportunity for investors seeking strong performance or first-time investors looking for an affordable home with long-term value. Conveniently located near Nellis Air Force Base, with easy access to shopping, dining, public transportation, and major commuter routes.
Renovated and tenant-occupied at market rent, 4300 N Lamont #236 is a turnkey investment offering immediate cash flow and exceptional returns. Exceeding the 1% rule, the property delivers a projected 9.4% cash-on-cash return and a 8.6% actual cap rate. Competitively priced to sell, this condo presents an outstanding opportunity for investors seeking strong performance or first-time investors looking for an affordable home with long-term value. Conveniently located near Nellis Air Force Base, with easy access to shopping, dining, public transportation, and major commuter routes.
Directions to 4300 N Lamont St 236: From I-15, exit Craig Road and head east. Turn left onto North Lamont Street. Continue to 4300 N. Lamont Street. Enter the community and proceed to left side of complex and approach 4300 N Lamont #236.
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