2701 Kline Cir Las Vegas, NV 89121
- Commercial real estate
- 4,492 SF
Current Use by Public Records
- Commercial real estate
Property Details for 2701 Kline Cir
- Year built
- 1974
- Property size
- 4,492 SF
- Property type
- Commercial real estate
- APN
- 162-12-112-013
Description
This exceptional four-unit apartment building presents a compelling investment opportunity in the heart of Las Vegas, Nevada. Built in 1974, this single-story property boasts a total of 4,492 square feet situated on a generous 10,454 square foot lot (APN 162-12-112-013). The asking price is $785,000, representing a price per square foot of $189 and a compelling 5.20% cap rate. Each of the four units offers a comfortable living space, including a living room, dining area, kitchen with appliances, and well-appointed bedrooms. Residents enjoy the convenience of private yards and assigned detached garages. A community pool adds to the appeal. The property's central location provides easy access to the Las Vegas Strip, schools, and transportation, making it highly attractive to tenants. This Class C multifamily property presents a strong potential for rental income and appreciation, making it an ideal investment for both seasoned and new investors seeking a foothold in the vibrant Las Vegas market. The property's location in Clark County, zip code 89121, at 2701 Kline Cir, Las Vegas, NV, further enhances its desirability. The land value alone is significant, offering additional investment security. This is a rare opportunity to acquire a well-maintained, income-producing property in a high-demand area.
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
- -115.1131953
- Latitude
- 36.1414207
