Investment Overview

Marcus & Millichap, as the exclusive listing group, are pleased to present 1735 N Rancho Dr, a recently renovated community comprising 14 manufactured home sites and 6 apartment units in Las Vegas, NV. Situated on a 0.94-acre lot, this property offers diverse 1 - 3 bedroom floor plans. It is located within a 0.5-mile of the $380 million mixed-use redevelopment project known as Hylo Park, the property stands to benefit from increased employment opportunities and retail options. Recent investments in the surrounding area, including new home developments, contribute to the property’s appeal. Conveniently accessible from Rancho Drive, which serves as the Business Route of US 95, tenants enjoy easy access to Interstate 15 and US Route 95. Ownership has recently made significant enhancements, including the addition of 9 new manufactured homes with 2 & 3 bedroom floor plans and resurfacing of the asphalt. Additionally, the apartment units have been repainted and equipped with new cooling units. Ample surface parking is available for tenants and guests. The strategic location and recent updates make 1735 N Rancho Dr an attractive option for tenants seeking comfortable living in a rapidly developing area of Las Vegas. Investors seeking a profitable asset will find this property appealing, given its prime location and recent improvements.