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917 Snug Harbor St 4 Unit Apartment Building $640,000 ($160,000/Unit) 7.96% Cap Rate Las Vegas, NV 89110
Investment Highlights
- All units are 2-bedroom, 1-bath
- Cash-flowing investment with upside via lease renewals, Supports rent growth and long-term tenancy stability
- Located in East Las Vegas’ established rental corridor, a high-performing submarket with strong tenant demand
- Built in 1983, well-maintained asset
- Spacious interiors with unit upgrades including fireplaces
- Convenient access to retail, schools, and major roads
Executive Summary
917 Snug Harbor St is a stabilized fourplex built in 1983, comprised of 2-bedroom, 1-bath units. The property is occupied by reliable long-term tenants, offering investors immediate cash flow. With spacious layouts and desirable features such as cozy living room fireplaces, this asset supports long-term occupancy and rental upside.
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $640,000 | Building Class | C |
| Price Per Unit | $160,000 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 3,600 SF |
| Cap Rate | 7.96% | Average Occupancy | 97% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1983 |
| Property Subtype | Apartment | Parking Ratio | 1.67/1,000 SF |
| Apartment Style | Townhome | ||
| Zoning | R3, Las Vegas | ||
| Price | $640,000 |
| Price Per Unit | $160,000 |
| Sale Type | Investment |
| Cap Rate | 7.96% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,600 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1983 |
| Parking Ratio | 1.67/1,000 SF |
| Zoning | R3, Las Vegas |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $1,450 | 724 |
1 1
Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (75)
Property Taxes
| Parcel Number | 140-30-610-024 | Improvements Assessment | $43,833 (2026) |
| Land Assessment | $42,700 (2026) | Total Assessment | $86,533 (2026) |
Property Taxes
Parcel Number
140-30-610-024
Land Assessment
$42,700 (2026)
Improvements Assessment
$43,833 (2026)
Total Assessment
$86,533 (2026)
Contacts
-
Catherine Hyde -
Jeremy Hyde -
Jillian Hyde -
Hyde Real Estate Group at Simply Vegas
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917 Snug Harbor St
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