$60,000 Active
1040 Hwy 50
Silver Springs, NV 89429
STR Status Unknown

About This Property

Centrally located commercial parcel accessed by a new paved frontage road along Hwy 50. Bordered on the north by Ranchito Drive. Power and phone run across the parcel. Municipal water is in Ranchito. Sewer is in Hwy 50. Natural gas is in Elm to the west. 1.12 acre feet of water come with this parcel with additional water rights available separately for sale. Adjacent parcels are also for sale to create up to 3+/- acres. One block from Silver Strike Casino., See associated documents link for marketing package.

Listed by Vicki Hone — Hone Company

Listing Details

Status Active
MLS # 210008917
Days on Market 1810

Property History

Jun 21, 2021
Listed for sale
$60,000
Property Overview
Lot Size 0.30 acres
Property Type Land
Subdivision Silver Springs
APN 018-162-17
Exterior & Lot
Lot Features Gentle Sloping, Open Lot, Sloped Up, Desert
View Mountain(s), Valley
Financial
Annual Tax $425
Schools
Elementary School Silver Springs
Middle School Silver Stage (Lyon)
High School Silver Stage (Lyon)
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($12,000)
Home price
$60,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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