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180 W New York Ave
Las Vegas, NV 89102
Value-Add Opportunity - Just off the Strip!!! · Build-to-Rent Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Property Size | 4,748 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1959/2019 |
| Costar Property Class | C | Parking Allocation | 2.53/1,000 sq ft |
| Total Plot Size | 0.16 ac | ||
| Use Class | R-4 - Multifamily | ||
| No. Units | 8 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.16 ac |
| Property Size | 4,748 sq ft |
| Average Occupancy | 100% |
| No. Floors | 2 |
| Year Built/Renovated | 1959/2019 |
| Parking Allocation | 2.53/1,000 sq ft |
| Use Class | R-4 - Multifamily |
ABOUT 180 W NEW YORK AVE , LAS VEGAS, NV 89102
The 180 W. New York Apartments were built in 1959 and sit on .16 acres of land. This value-add opportunity is centrally located on a remarkable corner lot, just one block from the Las Vegas Strip. The location offers great visibility and ample parking. This property is ideal for investors looking for a value add opportunity in a tenant friendly location. This property is situated directly behind the Stratosphere Hotel & Casino. This very desirable location offers investors opportunity to utilize traffic and proximity appeal from the world-renowned resort. The property is within walking distance of the Las Vegas Strip, providing an abundance of employment sources, restaurants, shopping and entertainment. Also, being just minutes from I-15 allows easy access to all major freeway arterials throughout the Las Vegas Valley.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 6 | £600.00 | 550 |
| 2+1 | 2 | £700.00 | 725 |
PROPERTY TAXES
| Parcel Number | 162-04-710-007 | Improvements Assessment | £39,616 |
| Land Assessment | £29,308 | Total Assessment | £68,925 |
PROPERTY TAXES
