Listed by Vice Realty Group
$2,600,000
223 North 9th Street, Las Vegas, NV 89101
Details
APN 139-34-612-043
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,120
Net Rentable (SqFt) 11,120
Units 27
Cap Rate 1.61%
NOI $41,773
Occupancy 100%
Price per SqFt $234
Class A
Year Built 1970
Lot Size (SqFt) 6,970
Parking Spaces per unit
Investment Type Sale/Leaseback
Sale Condition 1031 exchange
High-Demand Rental Area – Minutes from Fremont Street
Marketing description
Located in Downtown Las Vegas, this multi-unit property offers strong rental demand in a high-growth area. Just minutes from Fremont Street, dining, entertainment, and transit, it benefits from excellent walkability and central access to the Strip and employment hubs. Ideal for investors seeking stable cash flow and long-term appreciation in a highly active rental market.
Listing Contacts
Listed by Vice Realty Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$41,773.00
$3,481.08/mo
Valuation Metrics
0
DSCR
1.61%
Cap Rate
1.61%
ROI
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