100 E 1st S St, Mesquite, NV 89027

12 Units. New. Right near city center, behind the Mesquite City offices. Walking distance to everything. All 12 units are 2 Br. 1, Ba, 900 sf with mountain views to the south and ample parking. New, neat, clean, fully occupied. Only 1.7% vacancy factor in 2025. At list price, after ALL expenses 4.9% NET NET cap rate. Rents currently running $1150 per month. Room for reasonable, slow increases. Could self manage at expiration of current management agreement with ERA Brokers and bump that net cap rate by 1-2%. Or, if it's not broken, keep it simple and keep existing management. 100% occupancy and no headaches is a good thing! Appraised in 2025 for $2.7million. Lots of parking, and off the main streets for a quieter location than many. Still room to improve it more. Picture adding security gates, carports, or a pool area or other recreational amenities. Incredible investment opportunity! Please do not disturb tenants.