Crown Portfolio
Modern Infill Living in Downtown Henderson
Marketing description
The Holden Group of Marcus & Millichap, as the exclusive listing group, is pleased to present the Crown Portfolio, a rare opportunity to acquire three recently constructed multifamily communities totaling 17 units in the heart of Downtown Henderson. Completed in 2022 and 2024, the portfolio offers a collection of thoughtfully designed one- and two-bedroom residences featuring contemporary finishes, private in-unit laundry, spacious floor plans, and low-maintenance construction. Located within walking distance of the Water Street District, residents enjoy convenient access to Henderson’s premier dining, retail, entertainment, and community events, creating a highly desirable urban living environment.
Strategically positioned within less than one-half mile of one another, the three properties provide operational efficiencies while maintaining the flexibility and appeal of smaller multifamily assets. The portfolio benefits from excellent connectivity to Interstate 11, Interstate 215, and major employment corridors throughout the Las Vegas Valley, allowing residents convenient access to Downtown Las Vegas, the Las Vegas Strip, Harry Reid International Airport, and the Henderson Executive Airport. This combination of accessibility and neighborhood amenities supports long-term tenant demand and stable occupancy.
The Crown Portfolio also represents a unique opportunity to acquire the only three multifamily developments consisting of 5 to 25 units constructed within the surrounding area in more than 15 years. High barriers to new infill apartment development have significantly limited comparable inventory, reinforcing the portfolio’s long-term competitive positioning. Combining modern construction, desirable resident amenities, and a premier Downtown Henderson location, the portfolio is well positioned to deliver durable cash flow, operational efficiency, and long-term value appreciation.
*Drive by only. Do not walk the property or disturb the residents. Please contact the Listing Agent for a copy of the Offering Memorandum.*
Investment highlights
- Modern Construction: Built between 2022 and 2024, the portfolio offers contemporary construction with modern interiors and minimal deferred maintenance. These newer assets reduce near-term capital expenditure requirements while supporting long-term operational efficiency.
- Limited Supply: The portfolio represents the only three multifamily developments consisting of 5 to 25 units completed in the City of Henderson in more than 15 years. Limited comparable new construction creates a meaningful supply constraint that strengthens long-term competitive positioning.
- Urban Lifestyle: Located within walking distance of Henderson’s Water Street District, residents enjoy convenient access to dining, entertainment, retail, and community events. The central location enhances everyday livability while supporting continued renter demand.
- Portfolio Scale: Seventeen units across three neighboring properties provide operational efficiencies while maintaining the flexibility of smaller multifamily assets. The close proximity creates a cohesive investment opportunity with streamlined management and long-term ownership appeal.
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