Skip to main content

Multifamily

488 Albert Ave

488 Albert Ave, Las Vegas, NV 89119

Listing Price: $725,000

Cap Rate
6.98%
Number of Units
4
Price/Unit
$181,250
Price/Gross SF
$213.11
Gross SF
3,402

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 488 Albert Avenue, a 4-unit multifamily investment property located in Las Vegas, NV. Situated on a 0.13-acre lot, 488 Albert Avenue offers a desirable mix consisting exclusively of two-bedroom floor plans and amenities including a spacious shared yard, security doors, and ample surface parking. 488 Albert Avenue benefits from its unparalleled Las Vegas location moments away from the University of Nevada, Las Vegas (UNLV). The property is located within walking distance of a wide variety of everyday needs at the Maryland Crossing and Mission Center Shopping Malls. 488 Albert Avenue is just over 1 mile from The Las Vegas Strip, providing residents with convenient access to a plethora of retail, dining, and entertainment options. Additionally, the property benefits from its close proximity to Interstate 5 and Tropicana Avenue, providing residents easy access to employment hubs throughout Clark County. Given the property’s desirable Las Vegas location moments away from UNLV and The Las Vegas Strip, 488 Albert Avenue is well suited to attract a desirable renter pool and provide investors with strong returns over the long term investment horizon.

Investment Highlights

  • Offers Exclusively Two-Bedroom Floor Plans
  • Spacious Shared Yard
  • Ample Surface Parking
  • Security Doors
  • Within Walking Distance of Maryland Crossing & Mission Center Shopping Malls
  • Located Within 0.35 Miles of University of Nevada, Las Vegas
  • Just Over 1 Mile From The Las Vegas Strip
  • Convenient Access To Major Transportation Routes

Exclusively Listed By

Financing By

Multifamily

488 Albert Ave

Listing Price: $725,000

Cap Rate
6.98%
Number of Units
4
Price/Unit
$181,250
Price/Gross SF
$213.11
Gross SF
3,402

Investment Highlights

  • Offers Exclusively Two-Bedroom Floor Plans
  • Spacious Shared Yard
  • Ample Surface Parking
  • Security Doors
  • Within Walking Distance of Maryland Crossing & Mission Center Shopping Malls
  • Located Within 0.35 Miles of University of Nevada, Las Vegas
  • Just Over 1 Mile From The Las Vegas Strip
  • Convenient Access To Major Transportation Routes

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 488 Albert Avenue, a 4-unit multifamily investment property located in Las Vegas, NV. Situated on a 0.13-acre lot, 488 Albert Avenue offers a desirable mix consisting exclusively of two-bedroom floor plans and amenities including a spacious shared yard, security doors, and ample surface parking. 488 Albert Avenue benefits from its unparalleled Las Vegas location moments away from the University of Nevada, Las Vegas (UNLV). The property is located within walking distance of a wide variety of everyday needs at the Maryland Crossing and Mission Center Shopping Malls. 488 Albert Avenue is just over 1 mile from The Las Vegas Strip, providing residents with convenient access to a plethora of retail, dining, and entertainment options. Additionally, the property benefits from its close proximity to Interstate 5 and Tropicana Avenue, providing residents easy access to employment hubs throughout Clark County. Given the property’s desirable Las Vegas location moments away from UNLV and The Las Vegas Strip, 488 Albert Avenue is well suited to attract a desirable renter pool and provide investors with strong returns over the long term investment horizon.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower