2433-2437 Clifford Ave - Apartments FOR SALE


Las Vegas, NV 89104- Huntridge
$5,499,999 USD
725-227-7100
2433-2437 Clifford Ave, Las Vegas, NV for Sale
$5,499,999 USD
Apartments - FOR SALE
1/9
null | 5.45% Cap Rate

2433-2437 Clifford Ave
Las Vegas, NV 89104
Huntridge


HIGHLIGHTS

  • 70%+ renovated
  • Prime Downtown Location
  • Upside to realize on rents
  • Historically High Occupancy

OVERVIEW

Prime 44-Unit Multifamily Investment in the Heart of Downtown Las Vegas – Fully Occupied, Ready to Perform! If you’re looking for the ultimate cash-flowing investment in one of the hottest real estate markets in the country, this is your moment. This 44-unit Class C multifamily gem in downtown Las Vegas is an opportunity you can’t afford to pass up. 100% Occupied with Strong, Consistent Income Fully occupied —this property is a turnkey income machine from day one. With a historical occupancy rate of 97%+, it’s clear this property is in high demand. You can rest easy knowing this property delivers strong, reliable returns with no major vacancy concerns. And with rents steadily climbing in downtown Vegas, the upside potential here is exceptional. Prime Location for Long-Term Growth Located in the dynamic, high-demand heart of downtown Las Vegas, this property is positioned in one of the city’s most exciting areas. From world-class entertainment to top-tier dining and the cultural pulse of the arts district, this location is where renters want to be. As the city continues to evolve and expand, you’ll benefit from continued rent growth and future appreciation. Attractive Unit Mix with Room for Upside This property offers 42 jr one-bedroom units and 2 charming studios, all carefully maintained and consistently rented. With an in-place CAP rate of 5.5%, it’s already generating solid returns. But don’t stop there—with a few upgrades, you can easily push rents higher, increasing your cash flow and boosting the property's value. Ideal for Both Passive Income & Growth-Oriented Investors Whether you’re looking to build wealth passively or increase your investment’s profitability through strategic improvements, this property delivers both. With full occupancy and steady cash flow, it’s the perfect addition to a seasoned investor’s portfolio or a smart entry point for newcomers to the Las Vegas market. The Time is Now—Seize This Opportunity Properties like this don’t come around often. Whether you’re drawn to the prime location, the strong rental demand, or the upside potential, this multifamily investment is a rare find in one of the most sought-after markets in the country. Contact Paul Macaluso today to schedule a tour, and take action before someone else does! Opportunities like this move quickly—don’t miss your chance to invest in this downtown Las Vegas standout. This is more than just an investment. It’s your path to long-term financial success.

FOR SALE DETAILS

PRICE

$5,499,999 USD

PRICE/SF

$117 USD /SF

# OF UNITS

44

PRICE/UNIT

$125,000

CAP RATE

5.45%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AVE 24 Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

R-5, Las Vegas

APN/PARCEL ID

162-01-111-033,162-01-111-034

ASK ABOUT THIS PROPERTY

Paul MacalusoSimply VegasMore Info
725-227-7100

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Paul MacalusoSimply VegasMore Info
725-227-7100

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