214 N 13th St - Apartments FOR SALE


Las Vegas, NV 89101- Downtown Las Vegas
$650,000 USD
702-820-5636
214 N 13th St, Las Vegas, NV for Sale
$650,000 USD
Apartments - FOR SALE
1/5
null | 7.59% Cap Rate

214 N 13th St
Las Vegas, NV 89101
Downtown Las Vegas


HIGHLIGHTS

  • Exterior of the Building Painted 3 Years Ago
  • New Roof was Installed 3 Years Ago
  • All 4 units Received Renovations 3 Years Ago
  • Value- Add Opportunity with Increases in Rents
  • Located in the Desirable Downtown Sub-Market

OVERVIEW

The 214 N 13th st. apartments were constructed in 1952. This is a garden-style two story building with 4 spacious units constructed of masonry and wood-frame. The unit mix consists of 4 two bed / One bath. This desirable value-add opportunity sits on 0.16 acres of land and offers residents ample parking. Located in the Heart of downtown Las Vegas you are moments away from a vast amount of shopping, hospitality, and entertainment options. The property is within walking distance to the Fremont Street Experience and Container Park. The Arts District and Premium outlets are also within close proximity. The Downtown Las Vegas submarket has seen a tremendous amount of growth over the past 10 years and continues to be one of the most sought after locations for investors.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$274 USD /SF

# OF UNITS

4

PRICE/UNIT

$162,500

CAP RATE

7.59%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,978 SF

ZONING

-

APN/PARCEL ID

139-35-211-098

ASK ABOUT THIS PROPERTY

Josh McDougallABI MultifamilyMore Info
702-820-5636

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Josh McDougallABI MultifamilyMore Info
702-820-5636

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