2412 Olive St - Apartments FOR SALE


Las Vegas, NV 89104- Huntridge
$1,298,000 USD
702-728-1932
2412 Olive St, Las Vegas, NV for Sale
$1,298,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

2412 Olive St
Las Vegas, NV 89104
Huntridge


OVERVIEW

2412 Olive Street – George’s Apartments: is a 2 story, 10-unit multifamily property located in the Huntridge submarket of Las Vegas, Nevada. Built in 1983, the two-story asset sits on approximately 0.21 acres and consists entirely of one-bedroom, one-bath units averaging 532 square feet. The property offers surface parking (10 spaces, ~1.0 per unit) and features a simple, efficient layout with wood-frame construction. With below-market rents and no vacancy, the property offers investors the potential to increase income through operational improvements, rent growth, and interior upgrades. Its manageable size and straightforward unit mix make it an ideal asset for both experienced and entry-level multifamily investors seeking stable cash flow with upside potential.

FOR SALE DETAILS

PRICE

$1,298,000 USD

PRICE/SF

$244 USD /SF

# OF UNITS

10

PRICE/UNIT

$129,800

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

George's Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

R5, Las Vegas

APN/PARCEL ID

162-01-111-031

ASK ABOUT THIS PROPERTY

Kaylee ChoKW Commercial, a Division of KWR Las VegasMore Info
702-728-1932

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Kaylee ChoKW Commercial, a Division of KWR Las VegasMore Info
702-728-1932

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