Millard Realty & Construction Co.

05/01/2024

08/23/2022

08/23/2022

My personal account has been blocked. I guess FB didn’t like so many Bible posts. I won’t use FB any more unless I can post my Bible verses and prayers on my personal page.

08/23/2022

To Know Christ

I keep asking that the God of our Lord Jesus Christ, the glorious Father, may give you the Spirit of wisdom and revelation, so that you may know Him better.

I pray that the eyes of your heart may be enlightened in order that you may know the hope to which He has called you, the riches of his glorious inheritance in the saints, and his incomparably great power for us who believe. Amen.

Ephesians 1:17–19
~Paul

Fall, in all it’s glorious colors will soon be here.

09/18/2020

http://www.anytimeestimate.com/SELLER-CLOSING-COSTS/nv-home-seller-net.htm

Easily estimate the Nevada home seller closing costs & seller net proceeds with this calculator. Enter the sale price & then enter the various closing costs

08/12/2020

https://magazine.realtor/daily-news/2020/08/12/3-ways-to-improve-chances-of-a-favorable-appraisal?AdobeAnalytics=ed_rid%3D1071767%26om_mid%3D2995%7CRealtorMagNews_2020_08_12%26om_nytpe%3DREALTOR%20MAG%20NEWS

Property condition is paramount when evaluating a home. Spruce up these spots to make a house show in its best light.

08/12/2020

https://magazine.realtor/daily-news/2020/08/12/ftc-beware-of-scammers-eyeing-mortgage-assistance?AdobeAnalytics=ed_rid%3D1071767%26om_mid%3D2995%7CRealtorMagNews_2020_08_12%26om_nytpe%3DREALTOR%20MAG%20NEWS

Americans have lost about $106 million to fraud related to COVID-19 so far this year. Tell your clients how to avoid losses.

02/27/2020

For Sale: Stanton Arms is a multi-family complex, containing 183 residential apartment units, 28 buildings, Garden/Low-Rise located on 6.68 acres (290,981 s.f.)
Sales Price: $18 million

183 Apartments/Townhomes

Complex is made up of the following:
Plan BR Bath No. Units % Total Unit sf NRA sf
2/1 sm 2 1 64 35 644 41,216
2/1 lg 2 1 88 48 716 63,008
Thouse 2 1.5 31 17 896

27,776
NRA sf 132,000
Constructed in 4 phrases from 1991 through 1994
28 buildings 2 stories.
2 parking spaces/unit excluding the 31 garages with the 31 townhomes. 335 total parking spaces
On-site maintenance garage.
Vacancy: currently zero. 6-9 months waiting list.
Average rent 12/31/18 $589. Current and projected $658/unit average. 10.4% below market.
Zoning: MFA
APN/Parcel ID:
010-445-10
010-445-09
010-445-07
010-445-06

GBA: 138,188

Unit amenities include: Air Conditioning, Carpeting in Bedrooms, Balcony / Patio and Mini Blinds.

The property is classified as a Garden/Low-Rise development and is Class D in building quality. It contains 28-buildings and is 2 stories in height.

The property is currently 100.0 percent occupied at an average contract rent of $589.18 per unit per month

02/27/2020

Stanton Arms Apartments
For Sale by Onwer: Stanton Arms is a multi-family complex, containing 183 residential apartment units, 28 buildings, Garden/Low-Rise located on 6.68 acres (290,981 s.f.)
Sales Price: $18 million

183 Apartments/Townhomes

Complex is made up of the following:
Plan BR Bath No. Units % Total Unit sf NRA sf
2/1 sm 2 1 64 35 644 41,216
2/1 lg 2 1 88 48 716 63,008
Thouse 2 1.5 31 17 896

27,776
NRA sf 132,000
Constructed in 4 phrases from 1991 through 1994
28 buildings 2 stories.
2 parking spaces/unit excluding the 31 garages with the 31 townhomes. 335 total parking spaces
On-site maintenance garage.
Vacancy: currently zero. 6-9 months waiting list.
Average rent 12/31/18 $589. Current and projected $658/unit average. 10.4% below market.
Zoning: MFA
APN/Parcel ID:
010-445-10
010-445-09
010-445-07
010-445-06

GBA: 138,188

Unit amenities include: Air Conditioning, Carpeting in Bedrooms, Balcony / Patio and Mini Blinds.

The property is classified as a Garden/Low-Rise development and is Class D in building quality. It contains 28-buildings and is 2 stories in height.

The property is currently 100.0 percent occupied at an average contract rent of $589.18 per unit per month

02/27/2020

For Sale: Stanton Arms is a multi-family complex, containing 183 residential apartment units, 28 buildings, Garden/Low-Rise located on 6.68 acres (290,981 s.f.)
Sales Price: $18 million

183 Apartments/Townhomes

Complex is made up of the following:
Plan BR Bath No. Units % Total Unit sf NRA sf
2/1 sm 2 1 64 35 644 41,216
2/1 lg 2 1 88 48 716 63,008
Thouse 2 1.5 31 17 896

27,776
NRA sf 132,000
Constructed in 4 phrases from 1991 through 1994
28 buildings 2 stories.
2 parking spaces/unit excluding the 31 garages with the 31 townhomes. 335 total parking spaces
On-site maintenance garage.
Vacancy: currently zero. 6-9 months waiting list.
Average rent 12/31/18 $589. Current and projected $658/unit average. 10.4% below market.
Zoning: MFA
APN/Parcel ID:
010-445-10
010-445-09
010-445-07
010-445-06

GBA: 138,188

Unit amenities include: Air Conditioning, Carpeting in Bedrooms, Balcony / Patio and Mini Blinds.

The property is classified as a Garden/Low-Rise development and is Class D in building quality. It contains 28-buildings and is 2 stories in height.

The property is currently 100.0 percent occupied at an average contract rent of $589.18 per unit per month

02/27/2020

Stable and Sustainable
Nevada’s Residential Market
https://www.nevadabusiness.com/2020/01/nevada-residential-market/

Nevada’s residential housing should be stabilized and sustainable throughout 2020. Despite a relative lack of

02/19/2020

The real estate disclosure statement contains all material defects on the property. A defect on the property is legally defined as “a condition that materially affects the value or use of residential property in an adverse manner.”

02/16/2020

The Nevada Real Estate Division, which is the state agency that regulates real estate, offers the sellers real property disclosure (SRPD) form. The statute states that at least ten days before the seller conveys a home to the buyer, they must fill a disclosure form concerning the property. The disclosure statement contains all material defects on the property. A defect on the property is legally defined as “a condition that materially affects the value or use of residential property in an adverse manner.”