Village At Washington Portfolio
12 Units | East Las Vegas Fourplex Portfolio | Strong In-Place Cash Flow + Upside Potential
Marketing description
This rare East Las Vegas portfolio consists of three well-maintained fourplex
properties—2305 Exeter, 4244 Middlesex, and 917 Snug Harbor—each offering
either 2-bedroom/1-bath units or 2-bedroom/2-bath units with strong in-place tenancy. All properties
were built in 1983 and are occupied by long-term tenants, providing
immediate in-place cash flow with upside through strategic lease renewals. With
unit features such as fireplaces and large living areas, these assets are tailored for
tenant retention. Located in a high-demand rental corridor of East Las Vegas, the
portfolio presents an attractive opportunity for investors seeking stabilized income
and long-term appreciation. The properties may be acquired individually or as a
complete portfolio.
All three properties are located in the East Las Vegas submarket, a high-occupancy,
residential area known for its consistent tenant demand and accessibility. Tenants benefit
from close proximity to local shopping centers, schools, employment hubs, and major
roadways such as Nellis Blvd and Boulder Hwy. This submarket continues to outperform in
occupancy and rent stability, especially for well-sized two-bedroom units that meet the
needs of working families and long-term renters. The area’s economic resilience and
connectivity make it a highly attractive location for buy-and-hold investors seeking minimal
vacancy risk.
Investment highlights
Fully occupied portfolio of 3 fourplexes (12 total units) with long-term, stable tenants
Immediate value-add potential through lease renewals and rental rate optimization
Prime East Las Vegas location with strong rental demand and low vacancy
Offered individually or as a portfolio, providing acquisition flexibility
Situated in East Las Vegas, a strong-performing rental submarket
Close proximity to shopping centers, schools, and public transit
Easy access to major thoroughfares, including Nellis Blvd and Boulder Hwy
Established residential neighborhood with low vacancy trends
Strong demand for two-bedroom, one-bathroom units
Area supports long-term tenancy and rent growth potential
2305 Exeter Dr features all 2-bedroom, 2-bath units
4244 Middlesex Ave and 917 Snug Harbor St feature all 2-bedroom, 1-bath units
Spacious layouts and select units featuring fireplaces
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