4340 N Las Vegas Blvd - Apartments FOR SALE
Las Vegas, NV 89115 |
4340 N Las Vegas Blvd
Las Vegas, NV 89115
HIGHLIGHTS
- Nellis Gate Apartments offers a 50-unit, value-add workforce housing community with strong historical operations well below replacement cost.
- Significant revenue growth potential through utility pass-throughs, fee income, and rent increases, with units in classic condition.
- Prime location near major employers like Nellis Air Force Base, Amazon, and the VA Medical Center, in a high-demand submarket.
- Positioned to capitalize on Las Vegas’ strong economic growth, limited housing supply, and projected population boom.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Nellis Gate Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
36124
STORIES
2
YEAR BUILT
2002
PARKING SPACES
64
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
140-04-302-008
