5055 Jeffreys Street Las Vegas, NV 89119
Two multifamily properties with value-add potential in Las Vegas.
Type:Multifamily
Property size:
161,160 SF- Added:
- Mar 25, 2026
- Days on Market:
- 24
- Last Refresh:
- Mar 18 at 9:12 am
Property Features for 5055 Jeffreys Street
General Information
- Standard status
- Active
- Size
- 161,160 SF
- Property subtype
- Multifamily
Listing agent Adam Schmitt License #S.0178542
Listing office (702) 369-4813
Listing date Mar 25, 2026
Source Cbre
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 Adam Schmitt
Overview
Las Vegas Multifamily Investment Opportunity
The Villas Portfolio presents an opportunity to acquire two multifamily communities in Las Vegas: Reno Villas and El Parque Villas. The portfolio totals 222 units and offers in-place cash flow with interior and exterior value-add opportunities. Reno Villas, located in Southeast Las Vegas, is a 122-unit community built in 1980. It features a mix of one-bedroom/one-bathroom and two-bedroom/two-bathroom floor plans, averaging 659 square feet. The property includes landscaping, a swimming pool and spa, a fitness center, and laundry facilities. Reno Villas is near the Las Vegas Strip, the future Las Vegas A’s ballpark, the future Hard Rock Las Vegas Resort, UNLV, and Harry Reid International Airport. El Parque Villas is a 100-unit community in the Southwest submarket of Las Vegas. The property consists of nine, two-story buildings offering one-bedroom/one-bath, and two-bedroom/two-bath units averaging 808 square feet, with 23 units containing private backyards. This asset is positioned near the Las Vegas Medical District, UNLV School of Medicine Campus, Chinatown, The Las Vegas Strip, and Downtown Las Vegas. The assets within The Villas Portfolio can be acquired either individually or as a portfolio.
Location Intelligence
Current Use by Public Records
Reno Villas
Apartment Complex
Aldogg tamayo
University
Krystal Clear Commercial ...
Commercial Cleaning Service
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.121588
- Latitude
- 36.097469
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Two multifamily properties with value-add potential in Las Vegas.
Where is this apartment building located?
The property is located at 5055 Jeffreys Street Las Vegas, NV.
What are key features of this property?
This property features: Highly accretive assumable financing available.; Strong in‑place cash flow with additional interior and exterior value‑add opportunities.; Portfolio of 222 units across two garden‑style multifamily communities (Reno Villas and El Parque Villas).
