2743 Kline Cir Las Vegas, NV 89121
- Commercial real estate
- 4,273 SF
Current Use by Public Records
- Commercial real estate
Property Details for 2743 Kline Cir
- Year built
- 1974
- Property size
- 4,273 SF
- Property type
- Commercial real estate
- APN
- 162-12-112-011
Description
This exceptional investment opportunity presents a well-maintained four-unit apartment building located at 2743 Kline Cir, Las Vegas, NV 89121. The property, built in 1974, boasts a total of 4,273 square feet and sits on a single-story building, zoned as a fourplex. Each of the four units offers ample living space, with parking for four vehicles total. The asking price is $785,000, translating to $196,250 per unit and a price per square foot of $183.71. This represents a compelling 5.40% cap rate, making it an attractive net lease investment. The property's Class C designation reflects its solid foundation and potential for future appreciation. The property's location in Clark County, Nevada, offers convenient access to local amenities and services. The property features a mix of unit layouts, each with its own unique charm. Several units include inviting living rooms, eat-in kitchens with built-in appliances, and primary bedrooms with en-suite bathrooms. This turnkey investment is ideal for both seasoned investors and those seeking a stable, income-generating asset. The property's strong cash flow potential and desirable location make it a truly exceptional opportunity in the Las Vegas market. The APN is 162-12-112-011.
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
- -115.1127063
- Latitude
- 36.1413332
