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8 Unit Multifamily-Investment Property 2524 McCarran St 8 Unit Apartment Building $1,500,000 ($187,500/Unit) 6.34% Cap Rate North Las Vegas, NV 89030

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INVESTMENT HIGHLIGHTS

  • New Renovated Units
  • Market Rents ($1,200/unit)
  • Easy to Maintain
  • New Roofs, New Main Sewer Line
  • Gated with large landscaped yard
  • Central AC

EXECUTIVE SUMMARY

This property is ready to sell! The property consists of all two-bedrooms, one bath units, eight (8) unit apartment complex. New roofs, updated bathrooms, new plumbing throughout, easy to maintain with market rents in place. All units are individually metered, with water and trash included. Gated with convenient location nestled in North Las Vegas, this property offers easy access to local amenities, schools, and entertainment options. Commuting is a breeze with convenient access to major roadways and nearby bus route. Easy to manage and in a great location! This property is currently 90% occupied and professionally managed. Easy to manage investment property, all of the upgrades have been made!
Outdoor Spaces: Enjoy the sunny Las Vegas weather in our well-maintained outdoor spaces with great landscaping and securely gated. Also comes with nine (9) designated front parking spaces.
Shopping and Dining: Indulge in the nearby shopping and dining options. From trendy boutiques to delicious eateries, everything you need is just a short distance away. Nearby schools, neighborhood rec center and fire department.
Please do not contact anyone at the property or visit the property without approval from listing broker.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,500,000
Price Per Unit $187,500
Sale Type Investment
Cap Rate 6.34%
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.41 AC
Building Size 5,600 SF
Average Occupancy 88%
No. Stories 1
Year Built/Renovated 1962/2019
Parking Ratio 1.25/1,000 SF
Zoning R-3, North Las Vegas - Multifamily Residential

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Courtyard
  • Fenced Lot
  • Picnic Area
  • Gated
  • Public Transportation

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 8 $1,200 776
Walk Score®
Very Walkable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
139-13-410-080
Land Assessment
$56,000
Improvements Assessment
$57,067
Total Assessment
$113,067
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 35003628

  • Date on Market: 3/3/2025

  • Last Updated:

  • Address: 2524 McCarran St, North Las Vegas, NV 89030

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