Property profile

2304 Clifford Ave Las Vegas, NV 89104

OFF-MARKET
Apartment buildings
Property ID
US62-0947935
8,832 SF 0.28 ac lot Built 1962
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a 12-unit apartment building situated on a 0.28-acre lot in the desirable Las Vegas, NV, 89104 zip code. The property consists of two, two-story buildings totaling 8,832 square feet, constructed in 1962 and zoned for High Density Residential (R-4). Currently boasting 75% occupancy, the property offers a compelling return on investment. The twelve units comprise a mix of one-bedroom, one-bathroom units (approximately 571 square feet) and five two-bedroom, one-bathroom units (approximately 736 square feet each). Each building also includes a shared storage/laundry room (approximately 165 square feet). The property includes 12 parking spaces and is served by all major public utilities including NV Energy, Las Vegas Valley Water District, City of Las Vegas, Cox Communications/CenturyLink, Southwest Gas Corporation, and Republic Services. The asking price is $1,500,000, representing a price per unit of $125,000 and a price per square foot of $169.84. The property's APN is 162-01-211-002 and 162-01-211-003. This is a ground lease-free property offering significant potential for future growth and income generation in a thriving Las Vegas location. The property's strong rental history and convenient location make it an ideal addition to any investment portfolio.

Property profile

Verified
Property type Apartment buildings
Year built 1962
Total area 8,832 SF
Lot 0.28 ac (12,197 SF)
UPID US62-0947935

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2304 Clifford Ave Las Vegas, NV 89104
Las Vegas metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2304 Clifford Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message