596 W Fisher Lane, Indian Springs, NV 89018

Indian Springs
Local realty services provided by:ERA Brokers Consolidated
596 W Fisher Lane,Indian Springs, NV 89018
$1,250,000
Virtual Tour
  • 1.64 Acres
  • Lots / Land
  • Active
Listed by: cody trevor corio
Office: lpt realty, llc.
MLS#:2748790
Source:GLVAR

Price summary

  • Price:$1,250,000

About this home

Offered for sale is a stabilized rental investment in Indian Springs, NV, located directly across from Creech Air Force Base, providing consistent tenant demand supported by military employment. The property consists of seven (7) fully occupied modular homes generating $122,400 in annual Net Operating Income and is offered at a 10% cap rate with 100% occupancy. The unit mix includes four newer 3-bedroom/2-bath homes, two remodeled 2-bedroom/2-bath homes, and one 2-bedroom/1-bath Musk-style small home. All units are owned and convey with the sale, providing immediate cash flow. The modular homes are not converted to real property, resulting in very low property taxes of approximately $500 per home annually. Conversion is optional at an estimated $10,000 per unit. Situated on approximately 1.64 acres, the property is zoned for up to 22 units, with two newly installed pads allowing for near-term expansion. Turn-key, high-yield investment with strong in-place income and upside potential.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:2748790
  • Added:372 day(s) ago
  • Updated:April 03, 2026 at 11:03 AM

Structure and exterior

  • Lot area:1.64 Acres

Schools

  • Elementary school:,

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,250,000
  • Tax amount:$886

New listings near 596 W Fisher Lane