Prime Investment Opportunity in Las Vegas' Hottest Emerging Area
This property is perfectly positioned in one of the most exciting and rapidly developing neighborhoods in Las Vegas. While many of the units are currently rented, each lease can be terminated with just 30 days' notice, offering immediate flexibility for a new owner.
Located at the gateway to Las Vegas' next hot spot, this property is surrounded by major developments that will enhance its value in the coming years. Just across the street, a distillery and bar are under construction, bringing vibrant nightlife to the area. To the north-east, two large-scale projects are already underway, with cranes in place and construction in full swing. Additionally, a 300+ unit mixed-use residential and hotel development has been approved for the adjacent block, setting the stage for a dynamic, live-work-play environment.
The property is situated in the Special Improvement District, which guarantees ongoing investment in infrastructure and public services. The formerly industrial area is seeing exciting growth, with Industrial Road now extended all the way to Charleston Blvd. Plus, you'll have quick access to the freeway, just two minutes away.
Recent upgrades to the sewer lines further enhance the site's potential, and with the rapid transformation of the surrounding area, this is an opportunity you won't want to miss. If you don’t act now, you may find yourself wishing you had in just five years.