Listed by ABI Multifamily LLC
$1,399,999
Hidden Valley Apartments
Details
APN 13936410023, 13936410024
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,168
Net Rentable (SqFt) 7,168
Units 8
Cap Rate 7.31%
NOI $102,323
Occupancy 100%
Pro-Forma Cap Rate 6.12%
Pro-Forma NOI $85,617
Price per SqFt $195
Class C
Year Built 1985
Buildings 2
Stories 2
Acreage 0.460
Zoning R-3
Parking Spaces spaces
Investment Type Value Add
Occupancy Date 04/20/2026
Downtown Las Vegas 8-unit Apartment Building
Marketing description
Well-maintained 8-unit multifamily property built in 1985, consisting of two individually parceled 4-plexes. The property features all 2-bedroom, 1.5-bathroom townhome-style units. Each unit includes a private backyard and washer/dryer hookups, offering added convenience and tenant appeal.
Located in Downtown Las Vegas with close proximity to major employment hubs, retail, and public transportation. Strong rental location with consistent demand.
Great opportunity for investors seeking a well-located asset with upside potential and added flexibility.
Investment highlights
- Two individually parceled 4-plexes, providing flexibility for investors.
- All units are 2-bedroom, 1.5-bathroom townhome-style layouts.
- Private backyards and balconies in each unit.
- Washer and dryer hookups in all units for tenant convenience.
- Built in 1985 and well-maintained, with strong in-place income.
- Prime location Just east of Downtown, near employment hubs, retail, and public transportation.
Listing Contacts
Listed by ABI Multifamily LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$102,323.00
$8,526.92/mo
Valuation Metrics
0
DSCR
7.31%
Cap Rate
7.31%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
