5808-5900 Bromley Ave - Apartments FOR SALE


Las Vegas, NV 89107- Michael Way
$4,500,000 USD
702-215-7103
5808-5900 Bromley Ave, Las Vegas, NV for Sale
$4,500,000 USD
Apartments - FOR SALE
1/5
null | 7.05% Cap Rate

5808-5900 Bromley Ave
Las Vegas, NV 89107
Michael Way


HIGHLIGHTS

  • Price Reduction $750,000!!!

OVERVIEW

Price Reduction $750,000!!!!! The Residences at Bromley is a 32-unit garden-style community located in the highly desirable central-west submarket of Las Vegas. The complex is in a predominantly residential area just two blocks from the 95 Freeway and residents enjoy easy access to Meadows Mall and major economic drivers. Schools include St. Francis De Sales and Red Rock Elementary. Mariana's Supermarket along with Dexter and Ed Fountain Park are all within a fiveminute walk. The community was constructed in 1964 and renovated in 2018. The two-story buildings include spacious one-bedroom floor plans at 756 square feet and two-bedroom floor plans at 965 square feet. Interiors include walk-in closets, upgraded flooring, window treatments, and standard kitchens. Common area amenities include lush mature landscaping, BBQ area and laundry facilities. The Residences at Bromley presents a valueadd opportunity offering an investor stable cash flow and excellent future rent growth.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$168 USD /SF

# OF UNITS

32

PRICE/UNIT

$140,625

CAP RATE

7.05%

% LEASED

94%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Residences at Bromley

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

R-4, Las Vegas

APN/PARCEL ID

138-25-410-006,138-25-410-007

ASK ABOUT THIS PROPERTY

Michael ShaffnerMarcus & MillichapMore Info
702-215-7103

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Michael ShaffnerMarcus & MillichapMore Info
702-215-7103

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