We are pleased to present an exceptional investment opportunity in the heart of Downtown Las Vegas: a multi-family property located at 242 West Boston Avenue. This eleven-unit apartment complex offers a unique blend of steady cash flow and significant value-add potential.
The building consists of ten one-bedroom, one-bathroom units, each approximately 500 square feet, and one larger manager’s unit featuring three bedrooms and two bathrooms. The property sits on a 0.25-acre lot and is fully fenced, providing ample parking space for tenants.
Although the property has some deferred maintenance, it represents an outstanding opportunity for investors to enhance the property’s value through strategic renovations and improvements. There is great potential to increase rental income and overall returns.
This property’s prime location in downtown Las Vegas ensures strong tenant demand and long-term appreciation potential