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Multifamily

Emory Apartment Homes

5100 O'Bannon Dr, Las Vegas, NV 89146

Listing Price: Request For Offer

Number of Units
148
Gross SF
118,904

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Emory Apartment Homes, a 148-unit value-add multifamily investment opportunity located in Las Vegas, Nevada. Situated on a spacious 6.16-acre lot, Emory Apartment Homes offers a diverse mix of unit types which help the property appeal to a wide variety of renters. Additionally, the property offers an attractive selection of amenities including private patios or balconies, two sparkling swimming pools and a spa, a BBQ area, surface and carport parking, a clubhouse, a fitness center, a playground, and two on-site laundry facilities. Emory Apartment Homes offers investors the opportunity to grow the income stream by executing a comprehensive renovation plan which includes modernizing community amenities and upgrading unit interiors to high-end specifications. Emory Apartment Homes benefits from its location just west of Interstate 15 and the Las Vegas Strip. The property is within walking distance of Sahara Pavilion North and South, providing residents with convenient access to a plethora of retail, restaurants, and entertainment options. The average household income in Las Vegas is projected to grow by 4.14 percent to $84,039 by 2026 and the median household income is projected to increase by 4.27 percent to $59,364 by 2026. Given its excellent Las Vegas location and the strong market demographics, Emory Apartment Homes is well-suited to provide investors with strong returns and value appreciation over the long term investment horizon.

Investment Highlights

  • A 148-Unit, Value-Add Multifamily Investment Opportunity Located in Las Vegas, Nevada
  • Strong Mix of One, Two, & Three-Bedroom Floor Plans
  • Condominium Mapped: Each Unit is Individually Parceled
  • Attractive Community & Unit Amenity Package
  • Two Swimming Pools & Spa, Gym, & Clubhouse with TV Lounge
  • Substantial Rental Upside Potential
  • Premier Las Vegas Location, Less Than 3 Miles from the Las Vegas Strip

Exclusively Listed By

  • Drew Holden

    First Vice President Investments

    (949) 419-3200

    Email Drew

    License(s): CA: 01962800, NV: S.0189703

    Las Vegas

Multifamily

Emory Apartment Homes

Listing Price: Request For Offer

Number of Units
148
Gross SF
118,904

Investment Highlights

  • A 148-Unit, Value-Add Multifamily Investment Opportunity Located in Las Vegas, Nevada
  • Strong Mix of One, Two, & Three-Bedroom Floor Plans
  • Condominium Mapped: Each Unit is Individually Parceled
  • Attractive Community & Unit Amenity Package
  • Two Swimming Pools & Spa, Gym, & Clubhouse with TV Lounge
  • Substantial Rental Upside Potential
  • Premier Las Vegas Location, Less Than 3 Miles from the Las Vegas Strip

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Emory Apartment Homes, a 148-unit value-add multifamily investment opportunity located in Las Vegas, Nevada. Situated on a spacious 6.16-acre lot, Emory Apartment Homes offers a diverse mix of unit types which help the property appeal to a wide variety of renters. Additionally, the property offers an attractive selection of amenities including private patios or balconies, two sparkling swimming pools and a spa, a BBQ area, surface and carport parking, a clubhouse, a fitness center, a playground, and two on-site laundry facilities. Emory Apartment Homes offers investors the opportunity to grow the income stream by executing a comprehensive renovation plan which includes modernizing community amenities and upgrading unit interiors to high-end specifications. Emory Apartment Homes benefits from its location just west of Interstate 15 and the Las Vegas Strip. The property is within walking distance of Sahara Pavilion North and South, providing residents with convenient access to a plethora of retail, restaurants, and entertainment options. The average household income in Las Vegas is projected to grow by 4.14 percent to $84,039 by 2026 and the median household income is projected to increase by 4.27 percent to $59,364 by 2026. Given its excellent Las Vegas location and the strong market demographics, Emory Apartment Homes is well-suited to provide investors with strong returns and value appreciation over the long term investment horizon.

Exclusively Listed By

  • Drew Holden

    First Vice President Investments

    (949) 419-3200

    Email Drew

    License(s): CA: 01962800, NV: S.0189703

    Las Vegas

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