304 S Maryland Pky - Apartments FOR SALE


Las Vegas, NV 89101- Downtown Las Vegas
$2,249,999 USD
725-227-7100
304 S Maryland Pky, Las Vegas, NV for Sale
$2,249,999 USD
Apartments - FOR SALE
1/6
null | 5.46% Cap Rate

304 S Maryland Pky
Las Vegas, NV 89101
Downtown Las Vegas


HIGHLIGHTS

  • This 12-unit multifamily property in the heart of downtown Las Vegas will be delivered fully leased, ready to generate immediate cash flow.
  • The apartments are brand new and ADA-compliant, featuring the latest in modern design, top-of-the-line materials, and cutting-edge appliances.
  • Designed with efficiency studios, this property meets the growing demand of renters looking for sleek, affordable, and convenient living space.
  • Positioned in downtown Las Vegas, the 304 Apartments are placed close to world-class entertainment, job hubs, and the vibrant arts district.
  • This gated property is positioned within a vibrant and walkable neighborhood at the heart of Downtown Las Vegas.

OVERVIEW

The 304 Apartments offers not just an investment; it's the ticket to hassle-free, high-performing real estate in one of the most coveted locations in the country. This brand-new, 12-unit multifamily property in the heart of downtown Las Vegas will be delivered fully leased, ready to generate immediate cash flow, and provides a low-maintenance, hands-off investment experience. With 100% of the units scheduled to be leased prior to closing, this property guarantees a steady income stream from day one. With no downtime and no vacancies, this rare investment offers immediate returns and sets investors up for success from the get-go. The 304 Apartments are brand new, and with that comes the ultimate peace of mind, ensuring zero potential maintenance headaches and no major repairs needed for years to come. Featuring the latest in modern design, top-of-the-line materials, and cutting-edge appliances, this property is built to last. As a result, investors can sit back, relax, and enjoy the returns without worrying about constant upkeep. The value of owning a brand-new building is immeasurable; it's as close to passive income as you can get. Designed with efficiency studios, this property meets the demands of renters looking for sleek, affordable, and convenient living space in one of the most dynamic areas in Las Vegas. These units are optimized for maximum rental income with minimal operational costs. This high-demand rental format ensures the units are always attracting renters eager to call this downtown gem home. Positioned in downtown Las Vegas, the 304 Apartments are at the pulse of all the action—close to world-class entertainment, job hubs, and the vibrant arts district. As downtown continues to experience a renaissance of growth and development, the potential for long-term value appreciation is significant. This property is ideally situated to capitalize on that growth and continues to attract a growing pool of renters eager to live in the heart of it all. If you're looking for a property that will generate consistent, low-maintenance cash flow for years to come, this 12-unit building is the perfect fit. Whether you're a seasoned investor seeking to diversify or a first-time buyer wanting a stable, no-fuss asset, this property offers long-term security with little to no effort on your part. With fully leased units and minimal upkeep for the foreseeable future, this is an investment that works for you, not the other way around. Investors seeking a property that will generate consistent, low-maintenance cash flow for years to come, this 12 unit building is the perfect fit. Both seasoned investors seeking to diversify or first-time buyers wanting a stable, low maintenance asset will benefit from this exceptional acquisition. The property provides long-term security with little to no effort required from a new owner. Opportunities like this are rare, and ones that come fully leased and require zero maintenance are even rarer. This is the chance to own a turnkey asset in one of the hottest real estate markets in the country—downtown Las Vegas. Don't wait for someone else to grab this incredible investment. Contact Paul today to schedule a viewing and discuss ownership of this stress-free, cash-flowing asset - This property is priced to sell and will be gone soon. Don't miss out on this low-maintenance, high-return, stress-free investment in the heart of Las Vegas.

FOR SALE DETAILS

PRICE

$2,249,999 USD

PRICE/SF

$274 USD /SF

# OF UNITS

12

PRICE/UNIT

$187,500

CAP RATE

5.46%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

304 Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

R4

APN/PARCEL ID

139-34-712-133

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.