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230 S MARYLAND PKWY
LAS VEGAS, NV 89101
Asking Price
$4.14M
Cap Rate
5.21%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
A Downtown Community Enhanced by Regional Infrastructure Investment <p><strong>Downtown Las Vegas Connectivity:</strong></p><p>The Dwellings benefits from a central Downtown Las Vegas location near major employment, entertainment, and cultural destinations.</p><p></p><p><strong>Renovated Unit Interiors:</strong></p><p>The property features upgraded one-bedroom floor plans with modern finishes designed to appeal to today’s renters.</p><p></p><p><strong>Strong Rental Upside:</strong></p><p>Current rents remain below surrounding renovated comparable properties with
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NOI
$80,000
Cap Rate
1.93%
DSCR
0.33
Underwater
Cash-on-Cash
-13.35%
Monthly Payment
$20,482.461
Annual Cash Flow
$-165,789.534
