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Studio Apartment Building Near Convention Center
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655 Sierra Vista Dr, Las Vegas, NV 89169

All-studio unit mix with on-site laundry, gated access, and a swimming pool.

Property SizeContact for details
Days on Market145

Property Features for 655 Sierra Vista Dr

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: BECK Commercial
Listed By: Brett Beck · License #NV B.0144079.CORP
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 6:09AM

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 BECK Commercial

Investment Insights

Based on property information with market context.

Sugar Tree is a 48-unit apartment property with an all-studio configuration. The unit plan includes 46 rentable apartments, plus one laundry area and one office; each studio measures approximately 432 square feet. Property features include carpeting and/or vinyl wood-grain flooring, refrigerators, disposals, ceiling fans, large closets, a courtyard, swimming pool, controlled gated entry, on-site management, and a laundry facility.

The property is directly adjacent to the Las Vegas Convention Center and the Las Vegas Metropolitan Police Department at 655 Sierra Vista Dr. The Las Vegas Strip is one block east, with access to resorts and casinos including Wynn Las Vegas, Encore, Resorts World Las Vegas, The Palazzo, The Venetian, Treasure Island, and The Mirage. Fashion Show is 1.7 miles away, The Boulevard Mall is 0.8 miles away, and the University of Nevada, Las Vegas is 0.9 miles away. The property also offers access to public transportation and freeways and is near McCarran International Airport and Howard Hughes Business Park.

Key Highlights

  • 48 units: 46 rentable, 1 laundry, and 1 office
  • All studios measure approximately 432 square feet per unit
  • Directly adjacent to the Las Vegas Convention Center and Las Vegas Metropolitan Police Department

Property Analytics

Current Use

Sugar Tree Apartments Apartment Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Electrical Service Tanning Salon Clothing & Fashion Store

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

Location Intelligence

Trade Area within ½ mile

2,116
Businesses Nearby

Demographics for 89169, NV

25,938
Population
14,070
Households
1.8
Avg Household Size
36
Median Age
19%
College-Educated
79%
High-School Grad
3.4 sq mi
ZIP Area
7,629
Density / Sq Mi
$39,740
Median Household Income
$32,457
Median Earnings
$1,159
Median Rent
$299,900
Median Home Value

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 - All-studio unit mix with on-site laundry, gated access, and a swimming pool.
Where is this apartment building located?
The property is located at 655 Sierra Vista Dr Las Vegas, NV.
What are key features of this property?
This property features: 48 units: 46 rentable, 1 laundry, and 1 office; All studios measure approximately 432 square feet per unit; Directly adjacent to the Las Vegas Convention Center and Las Vegas Metropolitan Police Department
More about this property
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