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HOUSE_OVERSIGHT_018760.jpg

2.17 MB

Extraction Summary

0
People
12
Organizations
8
Locations
4
Events
0
Relationships
1
Quotes

Document Information

Type: Property assessment / real estate portfolio summary
File Size: 2.17 MB
Summary

This document, labeled 'HOUSE_OVERSIGHT_018760', is a real estate portfolio summary for twelve parcels in Las Vegas. It provides a detailed table listing each property's assessor number, address, use, 2014 Net Operating Income (NOI), year built, and acreage, with a total portfolio NOI of $273,051 for 2014. The summary also lists the utility providers for the properties and notes an approximate total annual net income of $275,000 from the developed sites.

Organizations (12)

Name Type Context
Casey Arms Apartments
Former property at 95 East Ali Baba Lane, site is undeveloped.
Happi Inn
Former property at 47 East Mandalay Bay Road, site is under 'Skyvue construction'.
Skyvue
A construction project mentioned at multiple property sites including the former Happi Inn and Olympus Inn sites.
Desert Oasis Motel & Apts
A 48-room motel and apartments located at 3965 Las Vegas Boulevard South, which had a negative NOI in 2014.
Olympus Inn
Former property at 3941 Las Vegas Boulevard South, site is under 'Skyvue construction'.
The Oasis Apartments
A 128-unit apartment complex at 5316 Danville Lane, 5333 Bethel Lane, which generated a significant portion of the to...
NV Energy
Utility provider for electricity.
Southwest Gas Company
Utility provider for natural gas.
Las Vegas Valley Water District
Utility provider for water.
Clark County Water Reclamation District
Utility provider for sewer services.
Republic Services
Utility provider for waste services.
HOUSE_OVERSIGHT
Identifier in the document's footer, likely referring to the House Oversight Committee as the source of the document.

Timeline (4 events)

1960
Year built for property at 3953 Las Vegas Boulevard South.
3953 Las Vegas Boulevard South
1963
Year built for property at 3965 Las Vegas Boulevard South.
3965 Las Vegas Boulevard South
1984
Year built for property at 5316 Danville Lane, 5333 Bethel Lane.
5316 Danville Lane, 5333 Bethel Lane
1998
Year built for property at 3951 Las Vegas Boulevard South.
3951 Las Vegas Boulevard South

Locations (8)

Location Context

Key Quotes (1)

"The existing improvements on the Site, inclusive of the Desert Oasis Motel, Oasis Apartments and the strip retail building at 3953 Las Vegas Boulevard generate approximately $275,000 in annual net income."
Source
HOUSE_OVERSIGHT_018760.jpg
Quote #1

Full Extracted Text

Complete text extracted from the document (1,605 characters)

NO. ASSESSOR PARCEL ADDRESS PROPERTY USE 2014 NOI YEAR BUILT ACREAGE
1 162-28-202-013 95 East Ali Baba Lane Former Casey Arms Apartments site/Undeveloped - - 8.965
2 162-28-301-001 47 East Mandalay Bay Road Former Happi Inn site/ Skyvue construction - - 0.769
3 162-28-301-002 47 East Mandalay Bay Road Former Happi Inn site/ Skyvue construction - - 0.45
4 162-28-301-010 3953 Las Vegas Boulevard South (1-story commercial): Psychic Sessions $18,000 1960 0.233
5 162-28-301-029 N/A Graded/Undeveloped - - 5.822
6 162-28-301-032 3951 Las Vegas Boulevard South (2-story): offices - Skyvue construction - 1998 3.348
7 162-28-301-033 N/A Graded/Concrete channel - - 3.767
8 162-28-301-034 3965 Las Vegas Boulevard South (2-story): Desert Oasis Motel & Apts- 48 rooms ($13,624) 1963 3.026
9 162-28-301-036 3941 Las Vegas Boulevard South Former Olympus Inn site/ Skyvue construction - - 1.76
10 162-28-301-037 N/A Skyvue construction - - 1.82
11 162-28-302-001 N/A Graded/Undeveloped - - 2.229
12 162-28-310-001 5316 Danville Lane, 5333 Bethel Lane The Oasis Apartments - 128 units $268,675 1984 6.286
TOTAL $273,051 38.475
UTILITIES
The Site has full utility services provided by the following:
Electricity: NV Energy
Natural Gas: Southwest Gas Company
Water: Las Vegas Valley Water District
Sewer: Clark County Water Reclamation District
Waste: Republic Services
EXISTING INCOME
The existing improvements on the Site, inclusive of the Desert Oasis Motel, Oasis Apartments and the strip retail building at 3953 Las Vegas Boulevard generate approximately $275,000 in annual net income.
HOUSE_OVERSIGHT_018760

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