1416 F St - Apartments FOR SALE


Las Vegas, NV 89106- West Las Vegas
$2,699,000 USD
702-820-5660
1416 F St, Las Vegas, NV for Sale
$2,699,000 USD
Apartments - FOR SALE
1/7
null | 5.35% Cap Rate

1416 F St
Las Vegas, NV 89106
West Las Vegas


HIGHLIGHTS

  • Value-Add Opportunity
  • Located in the Historic Westside
  • Multiple Nearby Developments Under Construction
  • Fully Gated & Secured
  • Convenient Access to the I-15 / US-95 Interchange

OVERVIEW

The 1416 F Street Apartments is a 20-unit garden-style community that offers a mix of (18) one-bedroom / one-bathroom floorplans and (2) two-bedroom / one-bathroom floorplans. This charming property sits on a 0.34-acre parcel and benefits from a private atmosphere, as it has no adjacent multifamily buildings. Residents can enjoy a fully gated and secured community. Conveniently located in the heart of the Historic West Side, 1416 F Street Apartments offers easy access to Downtown Las Vegas and the Las Vegas Strip, where tenants can take advantage of numerous employment opportunities. The area is also set to benefit from exciting future developments including the College of Southern Nevada Training Center and the ShareDowntown Westside project, both slated for completion in 2026. These additions will enhance the community’s appeal and foster continued growth in the area. This is an exceptional opportunity for both tenants seeking a comfortable, well-secured living space and investors looking to capitalize on a location poised for future appreciation.

FOR SALE DETAILS

PRICE

$2,699,000 USD

PRICE/SF

$264 USD /SF

# OF UNITS

20

PRICE/UNIT

$134,950

CAP RATE

5.35%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1416 F Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

R-4, Las Vegas

APN/PARCEL ID

139-27-110-058

ASK ABOUT THIS PROPERTY

Jason DittenberABI MultifamilyMore Info
702-820-5660

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Jason DittenberABI MultifamilyMore Info
702-820-5660

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.