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6301 Boulder Ranch Ave
Las Vegas, NV 89122
Elegance Apartments · Multifamily Property For Sale
·
279 Units


Investment Highlights
- Fully Entitled Senior Living Multifamily Land Parcel
- Four, 3-Story Buildings
- 309 Parking Spots
- Approved 279-Unit Multifamily Project - 25 DU/AC
- 1 & 2 Bedroom Configurations
Executive Summary
LINK TO OM: https://logiccre.com/1031_properties/elegance-apartments-land/
1. APN’s: 161-34-501-002, 161-27-403-012, 161-27-803-003
2. Fully Entitled Senior Living Multifamily Land Parcel
3. Approved 279-Unit Multifamily Project – 25 DU/AC
4. Four, 3-story Buildings
5. 1 & 2 Bedroom Configurations
6. 309 Parking Spots (1.1 Spaces/Unit)
7. ±421 ft of Frontage on E. Russell Rd.
8. ±570 ft of Frontage on Emerald Ave.
9. Flood channel separating the Property – approved to build a pedestrian bridge over the flood channel to connect all parcels
LINK TO OM: https://logiccre.com/1031_properties/elegance-apartments-land/
1. APN’s: 161-34-501-002, 161-27-403-012, 161-27-803-003
2. Fully Entitled Senior Living Multifamily Land Parcel
3. Approved 279-Unit Multifamily Project – 25 DU/AC
4. Four, 3-story Buildings
5. 1 & 2 Bedroom Configurations
6. 309 Parking Spots (1.1 Spaces/Unit)
7. ±421 ft of Frontage on E. Russell Rd.
8. ±570 ft of Frontage on Emerald Ave.
9. Flood channel separating the Property – approved to build a pedestrian bridge over the flood channel to connect all parcels
LINK TO OM: https://logiccre.com/1031_properties/elegance-apartments-land/
Property Facts Under Contract
| Price Per Unit | $35,968 | Building Class | B |
| Sale Type | Investment | Lot Size | 11.15 AC |
| No. Units | 279 | Construction Status | Proposed |
| Property Type | Multifamily | Building Size | 285,115 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2027 |
| Price Per Unit | $35,968 |
| Sale Type | Investment |
| No. Units | 279 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 11.15 AC |
| Construction Status | Proposed |
| Building Size | 285,115 SF |
| No. Stories | 3 |
| Year Built | 2027 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,249,988 | |
| Land Assessment | $2,425,736 | Total Assessment | $3,675,724 |
Property Taxes
Parcel Numbers
Land Assessment
$2,425,736
Improvements Assessment
$1,249,988
Total Assessment
$3,675,724
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