4541 E Owens Ave - Apartments FOR SALE


Las Vegas, NV 89110
$2,892,000 USD
702-728-1932
4541 E Owens Ave, Las Vegas, NV for Sale
$2,892,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

4541 E Owens Ave
Las Vegas, NV 89110


HIGHLIGHTS

  • 4 Elementary Schools across the street and nearby
  • Public transportation to Summerlin, Spring Valley, North Las Vegas Industrial Park
  • Many recent new construction including new home communities on Owens, Shaq's Youth Center coming soon, retail/office on Lake Mead

OVERVIEW

Shovel ready 2.41 AC former mobile home park was rezoned to R-3 Medium Density Multi-family lot. The sale includes the building permits to develop a 54-unit consisting of 14 one-bedroom units, 32 two-bedroom units, and 8 three-bedroom with den units in this family oriented area. This project is located in the 2025 Qualified Census Tracts (QTCs) and the site has various location advantages including: 1) major public transportation access connecting to North Las Vegas industrial parks, Summerlin, Spring Valley, etc. 2) four elementary schools across the street and nearby, and 3) many upcoming new development projects are joining the immediate area including Shaquille O’Neal’s Youth Center across the street, a large developer's retail/office developments on Lake Mead Blvd, and 4+ new communities built/being-built by Storybook Homes (owned by luxury developer Toll Bros) on Owens Ave, to name a few.

FOR SALE DETAILS

PRICE

$2,892,000 USD

PRICE/SF

$2,279 USD /SF

# OF UNITS

54

PRICE/UNIT

$53,556

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Medium Density Multi-family Land 2.41 AC

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

105

LAND DETAILS

LAND ACRES

2.41 AC

LAND SF

104,980 SF

ZONING

R-3

APN/PARCEL ID

140-29-101-003

ASK ABOUT THIS PROPERTY

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702-728-1932

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Kaylee ChoKW Commercial Las VegasMore Info
702-728-1932

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