4800 Deckow Ln Las Vegas, NV 89169
- Apartment buildings
- 0.54 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 4800 Deckow Ln
- Year built
- 1955
- Lot size
- 0.54 lot acres
- Property type
- Apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.133
- Latitude
- 36.1295
