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239 W Cleveland Ave 7 Unit Apartment Building $900,000 ($128,571/Unit) Las Vegas, NV 89102
INVESTMENT HIGHLIGHTS
- Within proximity to Las Vegas Strip.
- Modern unit upgrades
- Easy accessibility to nearby freeways.
EXECUTIVE SUMMARY
Discover a prime investment opportunity at 239 W Cleveland Ave, a recently refurbished 7-unit multifamily property located in the heart of Las Vegas. This asset combines modern upgrades with strong rental potential, making it ideal for investors seeking a solution in a high-demand market.
PROPERTY FACTS
| Price | $900,000 | Lot Size | 0.16 AC |
| Price Per Unit | $128,571 | Building Size | 4,570 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1959/2022 |
| Property Subtype | Apartment | Parking Ratio | 1.53/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R-4, City of Las Vegas - R-4, Opportunity Zone | ||
| Price | $900,000 |
| Price Per Unit | $128,571 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,570 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1959/2022 |
| Parking Ratio | 1.53/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-4, City of Las Vegas - R-4, Opportunity Zone |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Range
SITE AMENITIES
- Courtyard
- Fenced Lot
- Laundry Facilities
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 450 |
| 2+1 | 3 | - | 600 |
1 1
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 162-04-813-037 | Improvements Assessment | $51,418 |
| Land Assessment | $34,300 | Total Assessment | $85,718 |
PROPERTY TAXES
Parcel Number
162-04-813-037
Land Assessment
$34,300
Improvements Assessment
$51,418
Total Assessment
$85,718
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239 W Cleveland Ave
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