Eight-Bedroom Multifamily
For Sale
$625,000
6927 Appleton Dr, Las Vegas, NV 89156
Two-story configuration includes eight full bathrooms and two remodeled units.
Property Size4,172 SF
Lot Size0.19 Acres
Price / SF$149.81
Days on Market50
Property Features for 6927 Appleton Dr
General Information
Standard status
Active
Size
4,172 SF
Lot size
0.19 Acres
Property subtype
Multi-Family
Building Details
Year Built
1983
Buildings
1
Stories
2
Listing Agency:
United Realty Group
Listed By:
Oscar Hernandez · License #BS.0145780
(702) 375-5974
Source:
Nvhousehunt
Added: Aug 31
Changed: Oct 8
Last Checked: Oct 7 at 2:34PM
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 United Realty Group
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Investment Insights
Based on property information with market context.
This two-story multifamily property at 6927 Appleton Drive in Las Vegas contains 4,172.0 square feet of living area on a 0.19-acre lot. The layout includes eight bedrooms and eight full bathrooms, with two units completely remodeled.
The kitchen is outfitted with a dishwasher, fan and hood, garbage disposal, and range/oven. Built in 1983, the property is situated in a residential setting at 6927 Appleton Drive, Las Vegas, NV 89156.
The kitchen is outfitted with a dishwasher, fan and hood, garbage disposal, and range/oven. Built in 1983, the property is situated in a residential setting at 6927 Appleton Drive, Las Vegas, NV 89156.
Key Highlights
- 4,172.0 square feet of living area on a 0.19‑acre lot
- Eight bedrooms and eight full bathrooms
- Two‑story multifamily configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,376
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$887,520
$887.5K
Cap Rate 7%
$633,943
$633.9K
Cap Rate 9%
$493,067
$493.1K
Market Conditions
NOI Build-Up for 4,172 SF
Gross rent
$85.1K $20.40/SF
− Vacancy
−$4.4K −$1.06/SF
EGI
$80.7K $19.34/SF
− OpEx
−$36.3K −$8.70/SF
NOI
$44.4K $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%
$887,520
Cap Rate 7%
$633,943
Cap Rate 9%
$493,067
Alternative Uses
Best Use
Apartment 5plus
$633.9K
$554.7K – $739.6K
NOI $44,376 @ 7.0% cap · market cap 7.10%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.44M
$1.26M – $1.68M
NOI $100,912 @ 7.0% cap · market cap 16.15%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Explore this area
Business Placement
Demographics for 89156, NV
30,067
Population
10,413
Households
2.9
Avg Household Size
33
Median Age
14%
College-Educated
74%
High-School Grad
44.7 sq mi
ZIP Area
673
Density / Sq Mi
$69,783
Median Household Income
$36,342
Median Earnings
$1,354
Median Rent
$288,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two-story configuration includes eight full bathrooms and two remodeled units.
Where is this multifamily property located?
The property is located at 6927 Appleton Dr Las Vegas, NV.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 4,172.0 square feet of living area on a 0.19‑acre lot; Eight bedrooms and eight full bathrooms; Two‑story multifamily configuration
