539 E Saint Louis Ave
Las Vegas, NV 89104
Saint Louis Apartments · Multifamily Property For Sale
·
22 Units
Property Facts
| No. Units | 22 | Building Size | 23,200 SF |
| Property Type | Multifamily | Average Occupancy | 50% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 0.94/1,000 SF |
| Lot Size | 0.56 AC | ||
| Zoning | R-4, Las Vegas | ||
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 23,200 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 0.94/1,000 SF |
| Zoning | R-4, Las Vegas |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Heating
- Walk-In Closets
Site Amenities
- Courtyard
- Laundry Facilities
About 539 E SAINT LOUIS AVE , LAS VEGAS, NV 89104
**Please download Package attached to answer your questions The Rothwell Gornt Companies is pleased to present this is rare opportunity for a "value-add" apartment complex in today's apartment market. Property is located in an amazing location in between the booming Downtown Las Vegas area and the North strip which is exploding in projects. WITH THE CORRECT vision this property will see extremely high occupancy with rents that continue to rise. WE DO HAVE BIDS FOR MULTIPLE ITEMS TO ASSIST IN YOUR EVALUATION OF WORK/ BUDGET TO BRING PROPERTY UP TO 2018 STANDARDS. Additionally, there are several architects we can recommend and we are more than happy to meet potential Buyers as well as contractors to bring this property to its full potential. Do not miss this opportunity to purchase a property in an absolute premium location with 18 two bedrooms averaging 1,000 square feet, 4 three bedrooms averaging 1,300 square feet and amenities such as central air conditioning/heating in each unit, a private pool and security fencing. Current pro-forma income is low and could go much higher, at current proforma income value at 6.5% is over $2.4 million value. See attached rent survey. Please call or email for details.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 18 | $900.00 | 950 |
| 3+2 | 4 | $1,200 | 1,200 |
Property Taxes
| Parcel Number | 162-03-314-013 | Improvements Assessment | $301,908 |
| Land Assessment | $115,500 | Total Assessment | $417,408 |
Property Taxes
