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Village At Washington Portfolio 3 Multifamily Properties Offered at $1,920,000 in Las Vegas, NV

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INVESTMENT HIGHLIGHTS

  • Fully occupied portfolio of 3 fourplexes (12 total units) with long-term, stable tenants, spacious layouts and select units featuring fireplaces
  • Prime East Las Vegas location with strong rental demand and low vacancy
  • Situated in East Las Vegas, a strong-performing rental submarket
  • Immediate value-add potential through lease renewals and rental rate optimization
  • Offered individually or as a portfolio, providing acquisition flexibility
  • 2305 Exeter Dr features all 2-bedroom, 2-bath units, 4244 Middlesex Ave and 917 Snug Harbor St feature all 2-bedroom, 1-bath units

EXECUTIVE SUMMARY

This rare East Las Vegas portfolio consists of three well-maintained fourplex properties—2305 Exeter, 4244 Middlesex, and 917 Snug Harbor—each offering either 2-bedroom/1-bath or 2-bedroom/2-bath units with strong in-place tenancy. All properties were built in 1983 and are occupied by long-term tenants, providing immediate in-place cash flow with upside through strategic lease renewals. With unit features such as fireplaces and large living areas, these assets are tailored for tenant retention. Located in a high-demand rental corridor of East Las Vegas, the portfolio presents an attractive opportunity for investors seeking stabilized income and long-term appreciation. The properties may be acquired individually or as a complete portfolio.
All three properties are located in the East Las Vegas submarket, a high-occupancy, residential area known for its consistent tenant demand and accessibility. Tenants benefit from close proximity to local shopping centers, schools, employment hubs, and major roadways such as Nellis Blvd and Boulder Hwy. This submarket continues to outperform in occupancy and rent stability, especially for well-sized two-bedroom units that meet the needs of working families and long-term renters. The area’s economic resilience and connectivity make it a highly attractive location for buy-and-hold investors seeking minimal vacancy risk.

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes -
Operating Expenses -
Total Expenses $99,999
Net Operating Income $99,999

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual -
Operating Expenses
Annual -
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

PROPERTY FACTS

Price $1,920,000
Price / SF $160.75 / SF
Cap Rate 7.61%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 3
Total Building Size 11,944 SF
Total Land Area 0.52 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
2305 Exeter Dr, Las Vegas, NV 89156 Multifamily 4,172 SF 1983 $640,000
4244 Middlesex Ave, Las Vegas, NV 89110 Multifamily 4,172 SF 1983 $640,000
917 Snug Harbor St, Las Vegas, NV 89110 Multifamily 3,600 SF 1983 -
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  • Listing ID: 36786374

  • Date on Market: 7/17/2025

  • Last Updated:

  • Address: Village At Washington Portfolio, Las Vegas, NV

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