Custom-Built RV Resort
For Sale
$455,000
8175 Arville Street Unit 348, Las Vegas, NV 89139
Private gated resort lot with a modern outdoor living area, dedicated bathroom, storage, and full-size laundry equipment.
Property Size2,614 SF
Price / SF$174.06
Days on Market253
Property Features for 8175 Arville Street Unit 348
General Information
Standard status
Active
Size
2,614 SF
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$409
Amenities
pools
spas
laundry facilities
showers
Fitness Center
Clubhouse
owners lounge
bar
ballroom
card room
theater
pickleball courts
putting green
solar shades
fans
pebble stone floors
pavers
hard covered kitchen
living room
dining area
private bathroom
storage area
washer and dryer
GatedCommunity
Gated
Building Details
Year Built
2022
Buildings
2
Listing Agency:
RHOME
(702) 835-1465
Listed By:
Erika K. Bruns · License #S.0199031
(702) 835-1465
Source:
Compass
Added: Dec 21, 2025
Changed: Aug 31
Last Checked: Aug 31 at 6:41AM
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 RHOME
Investment Insights
Based on property information with market context.
This Class A RV resort lot includes a custom 2022 build-out designed for outdoor living and entertaining. Improvements include a covered kitchen, living and dining areas, a second bar, solar shades, fans, pebble-stone flooring, and pavers across the RV pad. The kitchen is fitted with Challenger cabinetry, Dekton countertops, a Blaze 30-inch griddle, a standalone pizza and bakery oven, and a full-size refrigerator. A separate building provides a private bathroom, substantial storage, and a full-size washer and dryer.
The property is within a 24-hour guard-gated resort at 8175 Arville Street, Unit 348, in Las Vegas. Resort amenities include five pools, six spas, four laundry facilities, showers, a fitness center, clubhouse spaces, a theater, pickleball courts, and a putting green. The Las Vegas Strip, shopping, and restaurants are nearby.
The property is within a 24-hour guard-gated resort at 8175 Arville Street, Unit 348, in Las Vegas. Resort amenities include five pools, six spas, four laundry facilities, showers, a fitness center, clubhouse spaces, a theater, pickleball courts, and a putting green. The Las Vegas Strip, shopping, and restaurants are nearby.
Key Highlights
- Custom 2022 build‑out with covered kitchen, living, and dining areas
- Separate building includes a private bathroom, large storage area, and full‑size washer and dryer
- Kitchen features Challenger cabinetry, Dekton countertops, Blaze 30" griddle, and pizza/bakery oven
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,804
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$556,080
$556.1K
Cap Rate 7%
$397,200
$397.2K
Cap Rate 9%
$308,933
$308.9K
Market Conditions
NOI Build-Up for 2,614 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$53.3K $20.40/SF
− Vacancy
−$2.8K −$1.06/SF
EGI
$50.6K $19.34/SF
− OpEx
−$22.7K −$8.70/SF
NOI
$27.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$556,080
Cap Rate 7%
$397,200
Cap Rate 9%
$308,933
Alternative Uses
Best Use
Apartment 5plus
$397.2K
$347.6K – $463.4K
NOI $27,804 @ 7.0% cap · market cap 6.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$903.2K
$790.3K – $1.05M
NOI $63,227 @ 7.0% cap · market cap 13.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
Explore this area
Business Placement
Demographics for 89139, NV
44,960
Population
15,206
Households
3
Avg Household Size
35
Median Age
33%
College-Educated
89%
High-School Grad
10.7 sq mi
ZIP Area
4,202
Density / Sq Mi
$96,044
Median Household Income
$43,511
Median Earnings
$1,848
Median Rent
$449,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Private gated resort lot with a modern outdoor living area, dedicated bathroom, storage, and full-size laundry equipment.
Where is this mobile home & rv park located?
The property is located at 8175 Arville Street Unit 348 Las Vegas, NV.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: Custom 2022 build‑out with covered kitchen, living, and dining areas; Separate building includes a private bathroom, large storage area, and full‑size washer and dryer; Kitchen features Challenger cabinetry, Dekton countertops, Blaze 30" griddle, and pizza/bakery oven
