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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30066314
30066315

2230 N Lamb Blvd, Las Vegas, NV 89115

United Realty Group
Listed by United Realty Group
$659,900
92 days on market
Updated 22 days ago

2230 North Lamb Boulevard

Details
APN 140-20-111-004
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,056
Units 4
Cap Rate 4.55%
NOI $30,000
Occupancy 75%
Price per SqFt $216
Broker Co-Op Yes
Class C
Year Built 1971
Buildings 1
Lot Size (SqFt) 7,841
Zoning R-4
Investment Type Stabilized
Ownership LLC
Sale Condition 1031 exchange

Multifamily | 4 Units | $165,725/unit

Marketing description

Fantastic investment opportunity with immediate income potential. All four units are currently leased, each offering a 2-bedroom, 1-bath layout. On-site laundry adds convenience for tenants. Recently painted and well maintained. Ideal for investors seeking steady cash flow or owner-occupants looking to offset their mortgage with rental income. An additional adjacent fourplex owned by the seller is also available for sale. Seller prefers to sell both properties together.

Information contained herein has been obtained from sources deemed reliable; however, no representation or warranty is made as to its accuracy. Buyer to independently verify zoning, density, and all material facts.

Investment highlights

  • Built in 1971 – Well maintained for long-term tenancy with consistent rent growth

  • All units feature spacious 2-bedroom, 1-bathroom layouts

  • 75% Occupied Fourplex – All four units are currently rented, providing immediate cash flow

  • Large courtyard

  • Solid Investment Opportunity – Ideal for investors seeking stable income and long-term growth

Listing Contacts

United Realty Group
Listed by United Realty Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$30,000.00
$2,500.00/mo

Valuation Metrics

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DSCR
4.55%
Cap Rate
4.55%
ROI

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Additional Information

Name
Margarita Hechavarria King
License
S.0201206
Brokerage
United Realty Group
Brokerage Phone
702-331-7870
Title
Real Estate Sales Person
Brokerage Address
4496 South Pecos Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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