3 Condominium Portfolio Multi-Family FOR SALE


Las Vegas, NV - University District
$566,000 USD
702-408-2289
, Las Vegas, NV for Sale
$566,000 USD
Multi-Family - FOR SALE
1/45
null | 5.7% Cap Rate

3 Condominium Portfolio
Las Vegas, NV
University District


HIGHLIGHTS

  • Strategically located in desirable areas of Las Vegas
  • Easy access to Las Vegas Strip, Allegiant Stadium, Wynn, Convention Center, and MSG Sphere
  • Resort-style living with an array of amenities including pools, spas, fitness rooms, tennis courts, and clubhouse facilities
  • Surrounded by schools, shopping centers, restaurants

OVERVIEW

Introducing a portfolio sale featuring three high-performing condominiums in Las Vegas: 5361 Indian River Dr #344, 5260 River Glen Dr #264, and 725 N Royal Crest Cir #251. These properties represent an excellent investment opportunity with strong rental potential and the ability to maximize income by adjusting to market rates. Ideal for investors seeking stable cash flow and potential appreciation in a thriving rental market, 5361 Indian River Dr #344 and 5260 River Glen Dr #264 are nestled within the coveted Southwest Valley in Spring Valley. Offering an array of amenities such as a tennis court, fitness room, pool, and spa, residents enjoy a resort-style living experience. Conveniently located near schools, shopping centers, restaurants, and the renowned Las Vegas Strip, these condos provide easy access to city amenities and entertainment. With close proximity to major highways like I-215 and South Las Vegas Blvd, as well as Allegiant Stadium just a 10-minute drive away, commuting and exploring the city is effortless. Additionally, 725 N Royal Crest Cir #251 boasts a prime location near the Wynn, Convention Center, MSG Sphere, High Roller, shopping, and grocery stores, with Allegiant Stadium only a 6-mile drive away. Residents can indulge in amenities such as a heated pool, spa, clubhouse, gym, tennis courts, putting green, horseshoes, and sprawling park-like grounds with walking trails spanning over 7 acres. With a projected income yielding an 8% CAP rate, these condominiums present a lucrative investment opportunity for discerning investors.

ASK ABOUT THIS PROPERTY

Catherine HydeHyde Real Estate Group at Simply VegasMore Info
702-408-2289

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Catherine HydeHyde Real Estate Group at Simply VegasMore Info
702-408-2289

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