4800 Deckow Ln Las Vegas, NV 89169
Call to check price and availability
21-Unit Apartment Complex, High Occupancy
Property Features for 4800 Deckow Ln
General Information
- Property type
- Multifamily properties
- Lot Size
- 23,522 SF
Building Details
- Year Built
- 1955
- Buildings
- 2
- Stories
- 2
- Units
- 21
Listing Agency: Mazzone Commercial Listing Agent: Chris Mazzone
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional value-add investment opportunity presents two apartment buildings situated on a 0.54-acre lot in Las Vegas, Nevada. The property, known as Kyle House Apartments, comprises 21 units spread across two, two-story buildings, constructed in 1955 and 1977. Currently boasting 100% occupancy, this multifamily complex offers a compelling return with a 3.63% cap rate and a price per unit of $166,190.48. The asking price for the entire property is $3,490,000, translating to an impressive land value of $6,000,000 per acre. The property is zoned EM and features two separate APNs: 16221801006 & 16221801009. Located at 4800 Koval Ln. and 4815 Deckow Ln, Las Vegas, NV 89169, this property presents a strong cash flow opportunity for investors seeking to capitalize on the robust Las Vegas real estate market. The property is professionally managed, generating consistent income. Please note that direct contact with on-site management or tenants is prohibited; inquiries should be directed through the appropriate channels. This is a prime opportunity for investors seeking a value-add investment or redevelopment project in a high-demand location. Further details are available upon request.
Property Profile
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.1325897
- Latitude
- 36.1295416
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - 21-Unit Apartment Complex, High Occupancy
Where is this multifamily property located?
The property is located at 4800 Deckow Ln Las Vegas, NV.
What is the asking price?
The asking price for this property is $3,490,000.
What are key features of this property?
This property features: $3,490,000 asking price for a 21-unit apartment building.; Value-add investment opportunity with redevelopment potential, offering a 3.63% cap rate.; 100% occupancy across two, two-story buildings totaling 21 units.
