376 N 15th St

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376 N 15th St

Las Vegas, NV 89101
Asking Price
$570K
Cap Rate
5.63%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Downtown Las Vegas 4-unit Apartment Building <ul><li>​<ul><li>​Three 2-bedroom, 1-bath units plus one non-conforming studio unit.</li></ul></li></ul><p></p><ul><li>​<ul><li>​Built in 1982, providing value-add potential for rental increases.</li></ul></li></ul><p></p><ul><li>​<ul><li>​Well-located in downtown Las Vegas with strong rental demand.</li></ul></li></ul><p></p><ul><li>​<ul><li>​Close proximity to major employment centers, retail, and public transit.</li></ul></li></ul><p></p><ul><li>​<ul><li>​Consistent occupancy and cash flow, i

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NOI
$80,000
Cap Rate
14.04%
DSCR
2.36
Strong
Cash-on-Cash
26.99%
Monthly Payment
$2,820.049
Annual Cash Flow
$46,159.412

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