319-321 S 9th St - Apartments FOR SALE


Las Vegas, NV 89101
$2,500,000 USD
702-369-8618
319-321 S 9th St, Las Vegas, NV for Sale
$2,500,000 USD
Apartments - FOR SALE
1/33
null | Request Cap Rate

319-321 S 9th St
Las Vegas, NV 89101


HIGHLIGHTS

  • Fully fenced with coded entry access.
  • Well-manicured common area with dining area, BBQ, lounge and mature landscaping.
  • On-site laundry facilities.
  • Near abundant Downtown lifestyle and quick access to I-15 and US-95 freeways.
  • Modern-retro renovated units.

OVERVIEW

The Cassia Apartments consists of (8) one bedroom/one bath units and (8) two bedroom/two bathroom units. The property sits on .32 acres in the heart of downtown Las Vegas. Cassia offers residents a quiet, secluded living environment within walking distance to over 100 restaurants, bars and coffee shops in the East Fremont and DTLV District. The property features a modern-retro resident experience boasting heritage-rich features with tastefully modernized units. The asset was fortunate enough to receive a professionally branded, community-themed experience f rom the late visionary Tony Hsieh and DTP Companies (fka Downtown Project). The perimeter and courtyard of the community are fully-fenced with coded entry access gates. The interior courtyard portrays a well-manicured common area with dining area, BBQ, lounge, mature landscaping and on-site laundry. Each of the apartments is equipped with stainless steel appliances, quartz counters, euro-style cabinets and updated flooring carefully designed to offer a timeless modern appeal. Positioned off an access street for the Las Vegas Academy of the Arts, Cassia is rarely subject to drive through traff ic, all the while sitting conveniently close to all the abundant lifestyle Downtown Las Vegas living has to offer. With quick access to the I-15 and US-95, these renovated apartments are ideal for both personal and professional lifestyles. The Downtown Las Vegas corridor has now become a sustainable, modern, and urban city environment. This eye-catching complex is one of the pioneers of the Downtown revival, offering opportunity to any investor seeking to break into one of the few, still active, redevelopment and growth focused sectors of Las Vegas.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$183 USD /SF

# OF UNITS

16

PRICE/UNIT

$156,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cassia Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

R-4

APN/PARCEL ID

139-34-712-020

ASK ABOUT THIS PROPERTY

Devin Lee, CCIMNorthcap MultifamilyMore Info
702-369-8618

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Devin Lee, CCIMNorthcap MultifamilyMore Info
702-369-8618

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