3017-3021 E Carey Ave - Apartments FOR SALE


North Las Vegas, NV 89030- Downtown North Las Vegas
$1,049,999 USD
725-227-7100
3017-3021 E Carey Ave, North Las Vegas, NV for Sale
$1,049,999 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

3017-3021 E Carey Ave
North Las Vegas, NV 89030
Downtown North Las Vegas


HIGHLIGHTS

  • A True Value-Add Opportunity with Clear Rent Growth Levers
  • Strong Rental Demand in an Established North Las Vegas Submarket
  • Opportunity to Force Appreciation Through Execution, Not Guesswork

OVERVIEW

http://www.BuyLasVegasMultifamily.com/3017-Carey 3017 E Carey Avenue offers a compelling value-add multifamily opportunity in North Las Vegas, where in-place operations present a clear and immediate path to meaningful rent growth and outsized returns. This 12-unit multifamily property features a well-balanced unit mix of eight 1-bedroom / 1-bath units and four studio units, a configuration that supports strong demand while providing flexibility to optimize rents across multiple tenant profiles. The existing rent roll is significantly below market, creating an attractive opportunity for new ownership to increase in-place rents, improve operating efficiency, and drive a higher NOI without expanding the footprint or adding complexity. With strategic execution, investors can unlock both near-term income growth and long-term value appreciation. Located in an established North Las Vegas submarket with continued rental demand, 3017 E Carey Avenue is ideally positioned for investors seeking a hands-on value-add acquisition with a clear upside thesis. This is an asset where returns are created through execution—not speculation. For buyers looking to actively grow cash flow, enhance asset value, and capture upside through disciplined management, 3017 E Carey represents a rare opportunity in a supply-constrained market.

FOR SALE DETAILS

PRICE

$1,049,999 USD

PRICE/SF

$162 USD /SF

# OF UNITS

12

PRICE/UNIT

$87,500

CAP RATE

Request Cap Rate

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

R-4, North Las Vegas

APN/PARCEL ID

139-24-510-245

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 Notice.