1811 Santa Paula Dr - Apartments FOR SALE


Las Vegas, NV 89104- Huntridge
$1,380,000 USD
702-820-5660
1811 Santa Paula Dr, Las Vegas, NV for Sale
$1,380,000 USD
Apartments - FOR SALE
1/7
null | 6.04% Cap Rate

1811 Santa Paula Dr
Las Vegas, NV 89104
Huntridge


HIGHLIGHTS

  • Value-Add Opportunity
  • Fully Gated Courtyard
  • On-Site Laundry Room
  • Located to the East of the Strat Hotel & Casino & Atomic Golf
  • Walking Distance to the Arts District & Las Vegas Strip

OVERVIEW

The 1811 Santa Paula Apartments were built in 1952 and consist of a single, two-story building with 12 units constructed of masonry and wood-frame. The unit mix consists of 8 studios and 4 one-bedroom / one-bathroom units. This rare property sits on 0.19 acres of land and offers its residents a gated courtyard and ample parking. Located just off the world-famous Las Vegas Strip and directly east of The STRAT Hotel and Casino and newly built Atomic Golf, the 1811 Santa Paula apartments are surrounded by a vast amount of shopping, hospitality, and entertainment options. This location has seen an incredible amount of gentrification and new development in recent years. The nearby Arts District continues to expand and has become a very popular destination for tourists and Las Vegas locals alike.

FOR SALE DETAILS

PRICE

$1,380,000 USD

PRICE/SF

$174 USD /SF

# OF UNITS

12

PRICE/UNIT

$115,000

CAP RATE

6.04%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1811 Santa Paula Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

R-4, Las Vegas

APN/PARCEL ID

162-03-313-008

ASK ABOUT THIS PROPERTY

Jason DittenberABI MultifamilyMore Info
702-820-5660

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Jason DittenberABI MultifamilyMore Info
702-820-5660

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