841 N Bruce St - Apartments FOR SALE


Las Vegas, NV 89101- Downtown Las Vegas
$590,000 USD
949-230-8342
841 N Bruce St, Las Vegas, NV for Sale
$590,000 USD
Apartments - FOR SALE
1/12
null | 7.42% Cap Rate

841 N Bruce St
Las Vegas, NV 89101
Downtown Las Vegas


HIGHLIGHTS

  • 4 Multi-Family Units with 1 & 2 Bedroom Floor Plans
  • Secured Pedestrian Access
  • Within Walking Distance of the Cashman Field Complex
  • Easy Access to Major Freeways, Including Interstates 11 & 15
  • Located Within 5 Minutes From Downtown Las Vegas

OVERVIEW

The Holden Group of Marcus & Millichap, as the exclusive listing group, is pleased to present 841 North Bruce Street, a four-unit multifamily investment property located near Downtown Las Vegas, NV. Situated on a 0.16-acre lot, the property offers a diverse mix of one- and two-bedroom floor plans, catering to a broad tenant base seeking affordable, well-maintained housing in a thriving submarket. Positioned near Downtown Las Vegas, the property provides convenient access to major employment centers, shopping, dining, and entertainment. It is within walking distance of the Cashman Field Complex and benefits from proximity to Interstates 11 and 15, allowing for easy connectivity to Downtown Las Vegas and surrounding areas. The property features light gray interiors with white trim, ceramic and vinyl plank flooring, resurfaced white cabinets with granite countertops, and partially upgraded bathroom fixtures. Additional amenities include security doors, on-site laundry, drought-resistant landscaping, and ample surface and on-street parking. With strong rental demand, strategic location, and continued redevelopment in the surrounding area, 841 North Bruce Street presents a compelling opportunity for investors looking to capitalize on a value-add asset in a growing Las Vegas submarket. *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

$590,000 USD

PRICE/SF

$191 USD /SF

# OF UNITS

4

PRICE/UNIT

$147,500

CAP RATE

7.42%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

R-3

APN/PARCEL ID

139-26-310-042

ASK ABOUT THIS PROPERTY

Drew HoldenMarcus & MillichapMore Info
949-230-8342

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

Drew HoldenMarcus & MillichapMore Info
949-230-8342

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