Montecito Estates

Montecito Estates Zip Code: 89074


The Montecito Real Estate Company is continuing the acquisition of single family detached houses throughout Las Vegas. Montecito Real Estate Company is primarily focusing on residences within premier master planned communities, the fund will acquire a diversified portfolio of approximately 600 houses and position the disposition to coincide with a recovered market. As the housing market recovers, it is their opinion that houses within these Montecito Real Estate communities will have the most upside potential. The company anticipates an average five-year hold for these assets, however there may be some opportunities to sell off some of the homes at a substantially earlier date and realize excellent returns. The Montecito Real Estate houses will be acquired using cash without loans in place, which will minimize risk by owning un-leveraged properties and further allow additional upside in the case of high inflation.