415 S 10th St - Apartments FOR SALE


Las Vegas, NV 89101- Downtown Las Vegas
$3,299,999 USD
725-227-7100
415 S 10th St, Las Vegas, NV for Sale
$3,299,999 USD
Apartments - FOR SALE
1/6
null | 6.03% Cap Rate

415 S 10th St
Las Vegas, NV 89101
Downtown Las Vegas


OVERVIEW

AVA Apartments presents a rare opportunity to acquire a fully renovated, stabilized multifamily asset in the heart of Downtown Las Vegas—an area experiencing sustained revitalization, increasing residential demand, and long-term investment momentum. This 16-unit property is 100% occupied and features an all 1-bedroom / 1-bathroom unit mix, one of the most durable and in-demand floor plan configurations for long-term renters. The building has been completely renovated, allowing new ownership to step into a clean, modern asset with no near-term capital expenditure requirements. Designed for both tenant appeal and operational efficiency, the property is fully gated with remote access, enhancing security and reducing management friction. Off-street parking further differentiates the asset in a dense urban environment, supporting tenant retention and long-term competitiveness. Located in a prime downtown corridor, AVA benefits from proximity to Fremont Street, the Arts District, employment centers, public transit, and ongoing infill development. As downtown continues to attract new residents, employers, and capital investment, assets like this remain well-positioned to deliver consistent cash flow and long-term appreciation. AVA is ideally suited for investors seeking a low-maintenance, long-term hold—offering stabilized performance today with durable fundamentals that support tomorrow’s growth. This is the type of asset that performs quietly, reliably, and predictably in a supply-constrained submarket. A clean, well-executed downtown investment built for longevity, stability, and sustained demand.

FOR SALE DETAILS

PRICE

$3,299,999 USD

PRICE/SF

$366 USD /SF

# OF UNITS

16

PRICE/UNIT

$206,250

CAP RATE

6.03%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AVA

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

R-4, Las Vegas

APN/PARCEL ID

139-34-811-002

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.