4340 N Las Vegas Blvd | Las Vegas, NV 89115
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This Multifamily Property is no longer advertised on LoopNet.com.
4340 N Las Vegas Blvd
Las Vegas, NV 89115
Nellis Gate Apartments · Multifamily Property For Sale
·
50 Units

INVESTMENT HIGHLIGHTS
- Nellis Gate Apartments offers a 50-unit, value-add workforce housing community with strong historical operations well below replacement cost.
- Prime location near major employers like Nellis Air Force Base, Amazon, and the VA Medical Center, in a high-demand submarket.
- Significant revenue growth potential through utility pass-throughs, fee income, and rent increases, with units in classic condition.
- Positioned to capitalize on Las Vegas’ strong economic growth, limited housing supply, and projected population boom.
PROPERTY FACTS
| No. Units | 50 | Building Size | 36,124 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 2002 |
| Building Class | B | Parking Ratio | 1.77/1,000 SF |
| Lot Size | 1.34 AC | ||
| Zoning | C2 - general commercial district | ||
| No. Units | 50 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 1.34 AC |
| Building Size | 36,124 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 2002 |
| Parking Ratio | 1.77/1,000 SF |
| Zoning | C2 - general commercial district |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Microwave
- Tile Floors
- Kitchen
- Refrigerator
- Satellite TV
- Oven
- Range
- Walk-In Closets
- Wheelchair Accessible (Rooms)
- Window Coverings
SITE AMENITIES
- Laundry Facilities
- Grill
- Pet Play Area
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 50 | - | 550 |
PROPERTY TAXES
| Parcel Number | 140-04-302-008 | Improvements Assessment | $763,529 |
| Land Assessment | $183,750 | Total Assessment | $947,279 |
PROPERTY TAXES
Parcel Number
140-04-302-008
Land Assessment
$183,750
Improvements Assessment
$763,529
Total Assessment
$947,279
Listing ID: 33143318
Date on Market: 9/11/2024
Last Updated:
Address: 4340 N Las Vegas Blvd, Las Vegas, NV 89115
The Sunrise Manor Multifamily Property at 4340 N Las Vegas Blvd, Las Vegas, NV 89115 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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