1843 Jefferson St - Apartments FOR SALE


North Las Vegas, NV 89030- Downtown North Las Vegas
$910,000 USD
949-230-8342
1843 Jefferson St, North Las Vegas, NV for Sale
$910,000 USD
Apartments - FOR SALE
1/8
null | 6% Cap Rate

1843 Jefferson St
North Las Vegas, NV 89030
Downtown North Las Vegas


HIGHLIGHTS

  • 7 Multi-Family Units with 2 Bedroom Floor Plans & 1 Non-Conforming Studio Unit
  • Partially Renovated Interiors with Modern Vinyl Plank Flooring Throughout
  • Spacious Secured Access Community Courtyard
  • Within Close Proximity of Major NLV Village Mixed-Use Redevelopment
  • Convenient Access to Major Freeways, Including Interstate 11 & 15

OVERVIEW

The Holden Group of Marcus & Millichap, as the exclusive listing group, is pleased to present the opportunity to acquire 1843 Jefferson Street, a 7-unit multifamily investment property located in North Las Vegas, NV. Situated on a 0.23-acre lot, 1843 Jefferson Street offers an attractive unit mix consisting of two-bedroom floor plans and one non-conforming studio unit. The property includes partially renovated interiors with modern vinyl plank flooring throughout, providing tenants with comfortable, updated living spaces. Additional amenities include a spacious, gated courtyard and ample surface parking. 1843 Jefferson Street benefits from a prime location in North Las Vegas, with numerous points of interest nearby. It is located within 350 feet of NLV Gateway, a $260 million redevelopment project that will revitalize 19 acres of Downtown North Las Vegas with businesses, restaurants, medical offices, and housing. This project is poised to enhance the vibrancy of the area by creating 900 permanent jobs. Additionally, the property is within a short drive from North Las Vegas City Hall and a quarter-mile from North Vista Hospital. Investors will appreciate the property’s strategic location near major transportation corridors, including the I-11 and I-15 freeways, making it easy to access employment hubs throughout Clark County. With its strategic location and recent improvements, 1843 Jefferson Street is an attractive option for tenants seeking comfortable and convenient living near the rapidly redeveloping area of Downtown North Las Vegas. Investors will find this property highly appealing for its prime location and opportunity to maximize rents, offering a promising return on investment. *Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent for a copy of the Offering Memorandum.*

FOR SALE DETAILS

PRICE

$910,000 USD

PRICE/SF

$212 USD /SF

# OF UNITS

7

PRICE/UNIT

$130,000

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

R-A/R-2

APN/PARCEL ID

139-23-311-125

ASK ABOUT THIS PROPERTY

Drew HoldenMarcus & MillichapMore Info
949-230-8342

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Drew HoldenMarcus & MillichapMore Info
949-230-8342

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