304 S Maryland Pky - Apartments FOR SALE


Las Vegas, NV 89101- Downtown Las Vegas
$1,999,999 USD
725-227-7100
304 S Maryland Pky, Las Vegas, NV for Sale
$1,999,999 USD
Apartments - FOR SALE
1/18
null | 6.14% Cap Rate

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


HIGHLIGHTS

  • ? Brand-new construction
  • ? Minimal maintenance
  • ? Priced below replacement cost
  • ? Motivated seller + price adjustment
  • ? Owner financing available
  • ? Prime Downtown Las Vegas location

OVERVIEW

https://www.BuyLasVegasApartmentBuildings.com/304-Maryland Every so often, a property hits the market that feels less like a listing and more like an opportunity—one of those “if you know, you know” moments that serious investors recognize instantly. This brand-new 12-unit multifamily building sits in the center of Prime Downtown Las Vegas, surrounded by growth, energy, and long-term demand. And now, after a recent $250,000 price adjustment and a motivated seller willing to offer owner financing with $1,000,000 down, this asset just became one of the most compelling buys in the entire market. Below Replacement Cost—Instant Value from Day One. You couldn’t build this property today for anywhere near the asking price. Rising construction costs make this offering a uniquely rare chance to secure new construction for less than its rebuild value—creating immediate value and long-term insulation from inflation. Prime Downtown Location—In the Direct Path of Las Vegas Growth Downtown Las Vegas continues to surge with redevelopment, new projects, new restaurants, new employers, and steady population inflow. Properties in this pocket are positioned for long-term appreciation, strong occupancy, and consistent demand. To review complete financials, pro formas, and additional property information, visit the dedicated property website https://www.BuyLasVegasApartmentBuildings.com/304-Maryland Or, to discuss this offering directly, call Paul Macaluso today for more details and to explore acquisition options.

FOR SALE DETAILS

PRICE

$1,999,999 USD

PRICE/SF

$244 USD /SF

# OF UNITS

12

PRICE/UNIT

$166,667

CAP RATE

6.14%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

*****250K Price Adjustment****

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

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

Paul MacalusoSimply VegasMore Info
725-227-7100

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