Posted October 15, 2015 in Buyer Purchases,Just Sold
The Klinger Real Estate Group has helped one of their investors purchase a 2 bedroom 2 bathroom condo in the Black Mountain region of Henderson, NV 89015. The Klinger Group at Nevada Desert Realty will also be providing property management services for this Black Mountain condo.
The Klinger Group at Nevada Desert Realty has recently helped in the purchase of an investment condo in Black Mountain, Henderson. This condo is located on Arrowhead Trail and has 2 bedrooms and 2 bathrooms. This condo is measured at 1,019 square feet and the purchase price was $80,000. The top price this condo was sold for is $165,000 in 2007. If the real estate market continues to grow and with a few fixes to this investment condo in Black Mountain, the value could increase significantly while the owner collects rent from future tenants.
Built-in 1996, this condo is located in the Arrowhead Pointe condominium subdivision. This neighborhood features desert landscaping with rocks and small bushes as well as mature trees to provide shade to the area. The residents of Arrowhead Pointe enjoy access to a community pool and jacuzzi. The washer and dryer included in this sale have their own nook with storage space for laundry products.
The Klinger Group’s owners Ann and Michael Klinger, have been in Las Vegas, Henderson, and Boulder City real estate for the last 14 years. They have helped investors purchase a property from the beginning, but began to include property management services in 2012 to help their clients manage their investments after the purchase process. Many real estate investors come to Las Vegas to invest in residential properties. This is due to the fact that Las Vegas is a very transient city and homes are cheaper than many areas of the United States. During the crash of the housing market, many investors were able to purchase bank-owned homes and short sales at a very low price. Investors continue to purchase homes today as the housing market in Las Vegas is on the rising as well as job growth.
This investment condo is located in Black Mountain. Black Mountain is a community in Henderson located alongside the 515/93 freeway. Though Black Mountain is a community, it is also the name of one of the local mountain peaks. This mountain is a part of the McCollough Range located in Henderson, Nevada. The community of Black Mountain’s Average list price is just over $285,000. These homes have quick access to the Las Vegas strip and Boulder City.
The Black Mountain Community covers under 2 square miles and has between 4,000 and 5,000 residents. The population density is over 2,300 people per square mile. This is about 1,000 residents less per square mile than the City of Henderson’s average population density. The median rent is $200 more than the City of Henderson as well, making this a perfect place for investors to purchase an investment property. The median age for residents in Black Mountain is between 40 and 45 for both male and female residents. The average household size in Black Mountain is 3 residents. Over half of the residents in Black Mountain are married.
Black Mountain has its own recreation center and aquatic complex. Located on Greenway Road, this recreation center measures more than 40,000 square feet and includes a patio area by the pool, a waterfall into the pool, fitness center, game room, gym, kids center, rooms available for local meetings and classes, racquetball courts, tennis courts, and more. This community center hosts many different events throughout the year. Different training and sports programs as well as classes are featured at this community complex throughout the year and is a huge selling point for those properties are located near the center.
The Klinger Group of Nevada Desert Realty is owned by Henderson residents Michael and Anna Klinger. The Klingers have been in real estate for 14 years and are experienced in Las Vegas, Henderson, and Boulder City real estate. This year, Michael opened up his own brokerage, Nevada Desert Realty, in Henderson 89002 off Horizon Ridge Parkway and the 515. The Klingers are known for doing everything they can to make their client’s real estate purchase or sell an easier one. With experience in short sales, REOs or bank-owned property sales, traditional listings, first-time and experienced homebuyer purchases, and more. Anna and Michael Klinger live in Henderson with their two children.
