1812 Lewis Ave - Apartments FOR SALE


Las Vegas, NV 89101- Downtown Las Vegas
$699,000 USD
725-332-8111
1812 Lewis Ave, Las Vegas, NV for Sale
$699,000 USD
Apartments - FOR SALE
1/8
null | 7.66% Cap Rate

1812 Lewis Ave
Las Vegas, NV 89101
Downtown Las Vegas


HIGHLIGHTS

  • Downtown Las Vegas - near Freemont Street Experience
  • Walking distance to businesses, shops & restaurants
  • Beautifully remodeled 4-Plex
  • Stable investment property at a 7.66% cap rate
  • Excellent to owner occupy one of the stunningly remodeled units

OVERVIEW

Discover this exquisitely renovated 4-plex nestled in the vibrant heart of downtown Las Vegas! Boasting a total of +/-2,694 SF, this gem features three 1-bed and 1-bath units, alongside a spacious 2-bed and 1-bath unit, all situated on a generous 6,970 SF lot. Adorned with lush landscaping, private fencing, and a commodious BBQ area, this charming 4-plex promises an inviting ambiance. With a stellar 7.66% CAP rate based on current rents, this property offers lucrative cash flow potential. Positioned within walking distance of bustling businesses, trendy shops, and delectable eateries, as well as a short drive to the iconic Freemont Street Experience and the renowned Las Vegas Strip, this exceptional 4-plex presents an enticing investment opportunity, ideal for an owner looking to reside in one of the beautifully remodeled units.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$259 USD /SF

# OF UNITS

4

PRICE/UNIT

$174,750

CAP RATE

7.66%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,839 SF

ZONING

R4, Las Vegas

APN/PARCEL ID

139-35-814-004

ASK ABOUT THIS PROPERTY

Marcie HansenRegency Realty InvestmentsMore Info
725-332-8111

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Marcie HansenRegency Realty InvestmentsMore Info
725-332-8111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.