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48-Unit Apartment Community
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2855 South Sandhill Road, Las Vegas, NV 89121

Built in 2009, the property offers three-bedroom residences with in-unit laundry and private outdoor space.

Property SizeContact for details
Lot Size2.55 Acres
Days on Market4

Property Features for 2855 South Sandhill Road

General Information

Standard status Active
Lot size 2.55 Acres
Property subtype Multifamily

Units

Unit Mix 48 x 3BR/2BA
Multifamily Units 48

Additional Details

Public Transit Yes

Amenities

in-unit laundry
private patios or balconies
outdoor storage
ceiling fans
granite-style countertops
vinyl plank flooring and carpet
fenced playground
barbecue and picnic areas
landscaped green space

Building Details

Year Built 2009
Buildings 12
Stories 2
Listing Agency: Marcus & Millichap - Las Vegas
Listed By: Drew Holden · License #S.0189703
Source: Crexi
Added: Sep 24 Changed: Sep 26 Last Checked: Sep 26 at 2:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Las Vegas

Investment Insights

Based on property information with market context.

Developed in 2009, the 48-unit community spans 12 two-story, low-rise buildings on approximately 2.55 acres. All residences have three bedrooms and two bathrooms, with an average size of approximately 1,015 square feet. Interior features include in-unit laundry, ceiling fans, granite-style countertops, and a combination of vinyl plank flooring and carpet. Each home also has a private patio or balcony and outdoor storage.

Shared amenities include a fenced playground, barbecue and picnic areas, landscaped open space, and a mix of surface and carport parking. The property is in southeast Las Vegas, with access to neighborhood retail, schools, parks, entertainment, and employment destinations across the Las Vegas Valley. A nearby transportation corridor is undergoing public investment in mobility, pedestrian safety, transit access, and streetscape improvements.

Key Highlights

  • 48 residences across 12 two‑story buildings on approximately 2.55 acres
  • Three‑bedroom, two‑bath floor plans averaging approximately 1,015 square feet
  • Built in 2009

Property Analytics

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Current Use

Sandpointe Apartments Apartment Complex

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Gym & Fitness Center Spa & Massage Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

48
Residential units

Location Intelligence

Trade Area within ½ mile

601
Businesses Nearby

Demographics for 89121, NV

68,692
Population
29,012
Households
2.4
Avg Household Size
39
Median Age
16%
College-Educated
78%
High-School Grad
9.2 sq mi
ZIP Area
7,467
Density / Sq Mi
$54,667
Median Household Income
$32,776
Median Earnings
$1,306
Median Rent
$288,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 2009, the property offers three-bedroom residences with in-unit laundry and private outdoor space.
Where is this apartment building located?
The property is located at 2855 South Sandhill Road Las Vegas, NV.
What is the asking price?
The asking price for this property is $9,750,000.
What are key features of this property?
This property features: 48 residences across 12 two‑story buildings on approximately 2.55 acres; Three‑bedroom, two‑bath floor plans averaging approximately 1,015 square feet; Built in 2009
(949) 419-3200 Call to check price and availability
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