Two-Bedroom Residential Income
353 E Bonneville Avenue #626, Las Vegas, NV 89101
For Sale
$499,000
A downtown residence offers an open layout alongside a broad collection of building amenities.
Property Size1,322 SF
Price / SF$377.46
Days on Market69
Property Features for 353 E Bonneville Avenue #626
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
Vino Deck
resort-style pool
fitness center
alfresco movie theater
Building Details
Year Built
Listing Agency:
Simply Vegas
(702) 568-6800
Listed By:
Amie Anderson · License #S.0190709
(702) 859-0703
Source:
Barberrealty
Added: Aug 31
Changed: Nov 6
Last Checked: Nov 7 at 6:28AM
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 Simply Vegas
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Investment Insights
Based on property information with market context.
This 1,322-square-foot, two-bedroom loft residence at Juhl features an open floor plan, high ceilings, and floor-to-ceiling windows. The primary suite includes a walk-in shower, freestanding tub, dual vanities, and a custom walk-in closet. The building was completed in 2008.
Residents have access to a pool, fitness center, Vino Deck, and outdoor movie theater. Shopping, dining, and entertainment are within walking distance, and the Las Vegas Strip is a short drive away.
Residents have access to a pool, fitness center, Vino Deck, and outdoor movie theater. Shopping, dining, and entertainment are within walking distance, and the Las Vegas Strip is a short drive away.
Key Highlights
- 1,322‑square‑foot two‑bedroom loft residence
- High ceilings and floor‑to‑ceiling windows
- Primary suite has a walk‑in shower, soaking tub, dual vanities, and custom walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,062
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,240
$281.2K
Cap Rate 7%
$200,886
$200.9K
Cap Rate 9%
$156,244
$156.2K
Market Conditions
NOI Build-Up for 1,322 SF
Gross rent
$27.0K $20.40/SF
− Vacancy
−$1.4K −$1.06/SF
EGI
$25.6K $19.34/SF
− OpEx
−$11.5K −$8.70/SF
NOI
$14.1K $10.64/SF
Area
Las Vegas, NV
Vacancy
5.20%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,240
Cap Rate 7%
$200,886
Cap Rate 9%
$156,244
Alternative Uses
Best Use
Apartment 5plus
$200.9K
$175.8K – $234.4K
NOI $14,062 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$456.8K
$399.7K – $532.9K
NOI $31,976 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,388
Businesses Nearby
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Business Placement
Demographics for 89101, NV
42,465
Population
18,258
Households
2.3
Avg Household Size
35
Median Age
11%
College-Educated
66%
High-School Grad
5.4 sq mi
ZIP Area
7,864
Density / Sq Mi
$38,653
Median Household Income
$29,471
Median Earnings
$1,008
Median Rent
$258,100
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Las Vegas, NV
Properties on Market for Residential income properties in Las Vegas
Frequently Asked Questions
What type of property is this?
Residential income property - A downtown residence offers an open layout alongside a broad collection of building amenities.
Where is this residential income property located?
The property is located at 353 E Bonneville Avenue #626 Las Vegas, NV.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1,322‑square‑foot two‑bedroom loft residence; High ceilings and floor‑to‑ceiling windows; Primary suite has a walk‑in shower, soaking tub, dual vanities, and custom walk‑in closet
