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1927 Hoover St
North Las Vegas, NV 89030
Multifamily Property For Sale
·
2 Units
Investment Highlights
- Dual Residences: The property consists of two separate single-family residences situated on a single parcel, creating a unique opportunity.
- Growth Corridor: Located near the planned NLV Gateway redevelopment, the property is positioned within an evolving North Las Vegas corridor.
- Modern Interiors: Contemporary finishes create a clean and inviting living environment designed for today's renters.
Executive Summary
The Holden Group of Marcus & Millichap, as the exclusive listing broker, is pleased to present, 1927 Hoover Street, a unique residential investment consisting of two separate single-family residences situated on a single parcel in Downtown North Las Vegas. The property features contemporary interiors, functional floor plans, and private residences that appeal to today's renters while offering an efficient ownership profile. Located just minutes from Downtown Las Vegas and near the planned NLV Gateway redevelopment, residents benefit from convenient access to expanding employment, retail, dining, and entertainment destinations within one of Southern Nevada's evolving urban corridors. Combining a distinctive property configuration, modern living spaces, and a strategic location, 1927 Hoover Street represents a compelling investment opportunity positioned to benefit from continued neighborhood revitalization.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent for a copy of the Offering Memorandum.*
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent for a copy of the Offering Memorandum.*
Property Facts
| Price Per Unit | $200,000 | Apartment Style | Single-Family Home |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 5.49% | Building Size | 1,040 SF |
| Gross Rent Multiplier | 12.58 | No. Stories | 1 |
| No. Units | 2 | Year Built | 1936 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Price Per Unit | $200,000 |
| Sale Type | Investment |
| Cap Rate | 5.49% |
| Gross Rent Multiplier | 12.58 |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Single-Family Home |
| Lot Size | 0.18 AC |
| Building Size | 1,040 SF |
| No. Stories | 1 |
| Year Built | 1936 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 520 |
Property Taxes
| Parcel Number | 139-23-311-091 | Improvements Assessment | $14,113 |
| Land Assessment | $22,750 | Total Assessment | $36,863 |
Property Taxes
Parcel Number
139-23-311-091
Land Assessment
$22,750
Improvements Assessment
$14,113
Total Assessment
$36,863
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