2215 Stewart Ave - Apartments FOR SALE


Las Vegas, NV 89101- Downtown Las Vegas
$989,000 USD
702-820-5586
2215 Stewart Ave, Las Vegas, NV for Sale
$989,000 USD
Apartments - FOR SALE
1/9
null | 6.15% Cap Rate

2215 Stewart Ave
Las Vegas, NV 89101
Downtown Las Vegas


HIGHLIGHTS

  • Value-Add Opportunity
  • All Spacious Two-Bedroom / One-Bathroom Floorplans
  • Located Minutes From Downtown Las Vegas & Fremont District
  • Easy Access to Major Employment Hubs, Retail, & Transit
  • Strong In-Place Income With Immediate Cash Flow
  • On-Site Laundry

OVERVIEW

The 2215 Stewart Avenue Apartments is a well-located 6-unit apartment building built in 1978, situated in the sought-after Downtown Las Vegas submarket. The property features a desirable unit mix of all two-bedroom / one-bathroom units, appealing to a broad tenant base. The asset includes on-site laundry, providing added convenience for tenants and supporting consistent occupancy. Its proximity to major employment hubs, retail corridors, and public transportation further strengthens rental demand. With strong in-place income and a central location, the property presents an attractive opportunity for investors seeking stable cash flow with upside potential through rental growth and targeted improvements.

FOR SALE DETAILS

PRICE

$989,000 USD

PRICE/SF

$188 USD /SF

# OF UNITS

6

PRICE/UNIT

$164,833

CAP RATE

6.15%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

R3, Las Vegas

APN/PARCEL ID

139-35-611-076,139-35-611-077

ASK ABOUT THIS PROPERTY

Anthony MarinelloABI MultifamilyMore Info
702-820-5586

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Anthony MarinelloABI MultifamilyMore Info
702-820-5586

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