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    2201 James Bilbray Dr Las Vegas, NV 89108

    For Sale
    $850,000

    Class A fourplex near Summerlin, fully occupied, strong rental demand.

    Property size:
    3,976 SF
    Lot size:
    0.02 Acres

    Property Features for 2201 James Bilbray Dr

    General Information

    Size
    3,976 SF
    Lot size
    0.02 Acres

    Building Details

    Year built
    1998

    Source: Keller Williams Realty The Marketplace I Agent Catherine Hyde

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Northwest Las Vegas Fourplex Investment

    The property at 2201 James Bilbray Drive is a Class A fourplex investment located in northwest Las Vegas, near Summerlin. Constructed in 1998, the property features four units, each with 2 bedrooms and 2 bathrooms, and a size of 960 square feet. Each unit includes in-unit laundry facilities, a living room, and a dining area. The property is fully occupied. Tenants are responsible for paying power and gas, while the Homeowner's Association covers water, trash, and sewer services. The community features palm-lined streets and stucco homes, as well as a community pool with water features. The property is located minutes from Whole Foods, Boca Park, and Mountain View Hospital. The property size is 3976 square feet. The property is a turnkey asset with a proforma cap rate of 5.6%.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.237883
    Latitude
    36.199997

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    FAQs

    What type of property is this?
    Quadplex - Class A fourplex near Summerlin, fully occupied, strong rental demand.
    Where is this quadplex located?
    The property is located at 2201 James Bilbray Dr Las Vegas, NV.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Class A fourplex investment property in desirable northwest Las Vegas near Summerlin.; - Fully occupied with tenant-paid power/gas, providing immediate income.; - Strong rental demand due to proximity to Whole Foods, Boca Park, and Mountain View Hospital.
    (702) 408-2289
    Request Owner's contact information
    2201 James Bilbray Dr Las Vegas, NV 89108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2201 James Bilbray Dr Las Vegas, NV 89108
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