304 S Maryland Pky - Apartments FOR SALE


Las Vegas, NV 89101- Downtown Las Vegas
$2,249,999 USD
725-227-7100
304 S Maryland Pky, Las Vegas, NV for Sale
$2,249,999 USD
Apartments - FOR SALE
1/6
null | 5.46% Cap Rate

304 S Maryland Pky
Las Vegas, NV 89101
Downtown Las Vegas


HIGHLIGHTS

  • Brand new construction
  • ADA Compliant
  • Hear of Downtown
  • Washer/Dryer in unit
  • Gated property
  • Walkable neighborhood

OVERVIEW

Incredible Brand-New 12-Unit Multifamily Investment – Fully Leased, Zero Maintenance, Turnkey Opportunity in Prime Downtown Las Vegas! This is not just an investment; it’s your ticket to hassle-free, high-performing real estate in one of the most coveted locations in the country. This brand-new, 12-unit multifamily property in the heart of downtown Las Vegas will be delivered fully leased, ready to generate immediate cash flow, and provides a low-maintenance, hands-off investment experience. Fully Leased – Cash Flow from Day One... Why wait for tenants when you can start collecting rents from the moment you take ownership? With 100% of the units scheduled to be leased prior to closing, this property guarantees a steady income stream from day one. No downtime, no vacancies—just pure, reliable cash flow. This is the kind of investment that pays for itself and sets you up for success from the get-go. Brand New Construction – Zero Maintenance, Maximum Peace of Mind This property is brand new, and with that comes the ultimate peace of mind. Zero potential maintenance headaches and no major repairs needed for years to come. Featuring the latest in modern design, top-of-the-line materials, and cutting-edge appliances, this property is built to last. As a result, you’ll be able to sit back, relax, and enjoy the returns without worrying about constant upkeep. The value of owning a brand-new building is immeasurable—it’s as close to passive income as you can get. Efficient Unit Mix – Perfect for Today’s Market Designed with efficiency studios, this property meets the demands of renters looking for a sleek, affordable, and convenient living space in one of the most dynamic areas in Las Vegas. These units are optimized for maximum rental income with minimal operational costs. This high-demand rental format ensures you’re always attracting renters eager to call this downtown gem home. Prime Location – Heart of Downtown Las Vegas The location speaks for itself. Positioned in downtown Las Vegas, this property is at the pulse of all the action—close to world-class entertainment, job hubs, and the vibrant arts district. As downtown continues to experience a renaissance of growth and development, the potential for long-term value appreciation is significant. This property is ideally situated to capitalize on that growth and continues to attract a growing pool of renters eager to live in the heart of it all. Perfect for Long-Term Investors – Stress-Free, High-Yield Asset If you're looking for a property that will generate consistent, low-maintenance cash flow for years to come, this 12-unit building is the perfect fit. Whether you’re a seasoned investor seeking to diversify or a first-time buyer wanting a stable, no-fuss asset, this property offers long-term security with little to no effort on your part. With fully leased units and minimal upkeep for the foreseeable future, this is an investment that works for you, not the other way around. The Time to Act is Now – Don’t Let This Opportunity Slip Away Opportunities like this are rare, and ones that come fully leased and require zero maintenance are even rarer. This is the chance to own a turnkey asset in one of the hottest real estate markets in the country—downtown Las Vegas. Don’t wait for someone else to grab this incredible investment. Contact Paul today to schedule a viewing and discuss your ownership of this stress-free, cash-flowing asset. This property is priced to sell and will be gone before you know it—take action now! This is your future—don’t miss out on this low-maintenance, high-return, stress-free investment in the heart of Las Vegas.

FOR SALE DETAILS

PRICE

$2,249,999 USD

PRICE/SF

$274 USD /SF

# OF UNITS

12

PRICE/UNIT

$187,500

CAP RATE

5.46%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

304 Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

R4

APN/PARCEL ID

139-34-712-133

ASK ABOUT THIS PROPERTY

Paul MacalusoSimply VegasMore Info
725-227-7100

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Paul MacalusoSimply VegasMore Info
725-227-7100

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