This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
3875 Cambridge St
Las Vegas, NV 89119
Prime · Multifamily Property For Sale
·
210 Units
PROPERTY FACTS
| No. Units | 210 | Building Size | 196,572 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 10 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1974/2015 |
| Building Class | B | Parking Ratio | 1.65/1,000 SF |
| Lot Size | 4.83 AC | ||
| Zoning | H-1, County - Hazardous Occupancy | ||
| No. Units | 210 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 4.83 AC |
| Building Size | 196,572 SF |
| Average Occupancy | 95% |
| No. Stories | 10 |
| Year Built/Renovated | 1974/2015 |
| Parking Ratio | 1.65/1,000 SF |
| Zoning | H-1, County - Hazardous Occupancy |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Ceiling Fans
- Granite Countertops
- High Speed Internet Access
- Satellite TV
- Tub/Shower
- Views
SITE AMENITIES
- Fitness Center
- Laundry Facilities
- Picnic Area
- Gated
- Grill
- Laundry Service
- Elevator
ABOUT 3875 CAMBRIDGE ST , LAS VEGAS, NV 89119
NAI Vegas has been exclusively retained to market and offer for sale the Prime Tower Luxury Apartments, a highly desirable 10-story midrise rental community in the heart of Las Vegas. This unique building was recently updated with a modern design offering one, two, and three bedroom floorplans with unmatched views of the world famous Las Vegas Strip and surrounding mountains. All common areas have been expertly redesigned including a new resort style pool, community clubhouse and state to the art fitness center. Approximately 35 percent of the unit interiors are fully renovated with modern cabinets, granite counter tops, plank flooring and designer fixtures and hardware. The market rental rate for the renovated units is on average $238 per month higher than the base units. An investor has the opportunity to continue the renovation program and increase income approximately 15 percent on the remaining 138 units which is estimated to be over $400,000 annually. Please follow the link below to access the Offering Memorandum and property due diligence. Prime Towers consists of 210 units located in a very desirable area, close to UNLV, the Strip , casinos, shopping and McCarran International Airport.
PROPERTY TAXES
| Parcel Number | 162-15-701-010 | Improvements Assessment | $2,941,613 |
| Land Assessment | $1,086,278 | Total Assessment | $4,027,891 |
PROPERTY TAXES
