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180 W New York Ave
Las Vegas, NV 89102
Value-Add Opportunity - Just off the Strip!!! · Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Building Size | 4,748 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1959/2019 |
| Building Class | C | Parking Ratio | 2.53/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | R-4 - Multifamily | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,748 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1959/2019 |
| Parking Ratio | 2.53/1,000 SF |
| Zoning | R-4 - Multifamily |
ABOUT 180 W NEW YORK AVE , LAS VEGAS, NV 89102
The 180 W. New York Apartments were built in 1959 and sit on .16 acres of land. This value-add opportunity is centrally located on a remarkable corner lot, just one block from the Las Vegas Strip. The location offers great visibility and ample parking. This property is ideal for investors looking for a value add opportunity in a tenant friendly location. This property is situated directly behind the Stratosphere Hotel & Casino. This very desirable location offers investors opportunity to utilize traffic and proximity appeal from the world-renowned resort. The property is within walking distance of the Las Vegas Strip, providing an abundance of employment sources, restaurants, shopping and entertainment. Also, being just minutes from I-15 allows easy access to all major freeway arterials throughout the Las Vegas Valley.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $600.00 | 550 |
| 2+1 | 2 | $700.00 | 725 |
PROPERTY TAXES
| Parcel Number | 162-04-710-007 | Improvements Assessment | $52,987 |
| Land Assessment | $39,200 | Total Assessment | $92,187 |
PROPERTY TAXES
