900 South Las Vegas Boulevard

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900 South Las Vegas Boulevard

Las Vegas, NV 89101
Asking Price
$5.00M
Asset Type
Single Family Rental Portfolio Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 900 South Las Vegas Boulevard in Nevada
  • Dual zoning for residential and commercial property use
  • Double penthouse unit within the SoHo Lofts
  • Industrial asset structured as a rental portfolio
  • Total asking price set at five million dollars

What's Special

This industrial asset situated at 900 South Las Vegas Boulevard functions as a single family rental portfolio within the SoHo Lofts. The property provides flexibility for professional or residential applications, as the double penthouse is zoned for both commercial and residential use. Occupants benefit from a central position in Las Vegas, a major hub for global tourism, gaming, and hospitality that continues to see significant investment in its urban core. The surrounding area supports a high density of commerce and provides direct access to the economic engines driving the regional economy. Investors seeking a versatile urban holding will find this dual-purpose space suitable for a range of operational requirements. The property layout accommodates those looking to integrate business operations with residential living in a high-profile metropolitan location.

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NOI
$80,000
Cap Rate
1.60%
DSCR
0.27
Underwater
Cash-on-Cash
-14.46%
Monthly Payment
$24,737.272
Annual Cash Flow
$-216,847.263

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