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14th St Apartments 316-322 N 14th St 10 Unit Apartment Building $2,120,000 ($212,000/Unit) 5.14% Cap Rate Las Vegas, NV 89101

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INVESTMENT HIGHLIGHTS

  • A Fully Stabilized Downtown Asset That’s Already Performing
  • An Asset That’s Easy to Own and Easy to Hold
  • 100% Occupied with Proven Tenant Demand
  • The Kind of Downtown Property You Acquire and Hold with Confidence

EXECUTIVE SUMMARY

316–322 N 14th Street offers a rare opportunity to acquire a fully renovated, stabilized multifamily asset in the heart of Downtown Las Vegas—one of the city’s most active and supply-constrained rental markets.
This 10-unit multifamily property is 100% occupied, demonstrating consistent tenant demand and reliable in-place performance. The asset has been fully renovated, allowing new ownership to step into a clean, modern property with no near-term capital improvement requirements.
Positioned for long-term durability, the property benefits from a manageable unit count, renovated interiors, and a downtown location that continues to attract residents seeking proximity to employment, entertainment, and transit. Assets of this size and condition in the downtown core are increasingly difficult to replicate, making this an ideal acquisition for investors focused on stability, predictability, and long-term hold strategies.
Surrounded by ongoing redevelopment and urban infill, 316–322 N 14th Street sits directly in the path of Downtown Las Vegas’ continued evolution. The combination of full renovation, strong occupancy, and prime downtown positioning creates an investment profile built for consistent cash flow today and sustained relevance well into the future.
This is a clean, well-executed downtown asset designed for investors who value simplicity, performance, and longevity.

PROPERTY FACTS

Price $2,120,000
Price Per Unit $212,000
Sale Type Investment
Cap Rate 5.14%
Sale Condition 1031 Exchange
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 4,900 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1953/2019
Parking Ratio 1.5/1,000 SF
Opportunity Zone Yes
Zoning R-3

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Ceiling Fans
  • Tile Floors
  • Refrigerator
  • Stainless Steel Appliances
  • Tub/Shower
  • Double Pane Windows
  • Window Coverings
  • Large Bedrooms
  • Quartz Countertops

SITE AMENITIES

  • Laundry Facilities
  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 - -
2+1 2 - -
Walk Score®
Very Walkable (76)
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.®
  • Listing ID: 38986312

  • Date on Market: 1/6/2026

  • Last Updated:

  • Address: 316-322 N 14th St, Las Vegas, NV 89101

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