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Multifamily

632 N 9th St

632 N 9th St, Las Vegas, NV 89101

Listing Price: $545,000

Cap Rate
6.74%
Number of Units
4
GRM
10.59
Price/Unit
$136,250
Price/Gross SF
$192.17
Gross SF
2,836

Investment Overview

Marcus & Millichap, as the exclusive listing group, is pleased to present 632 North 9th Street, a partially renovated multifamily investment property featuring four partially renovated units near Downtown Las Vegas, NV. Situated on a 0.16-acre lot, the property includes both single-story and two-story buildings with 1-bedroom floor plans.

This property offers tenants easy access to Las Vegas’s most sought-after neighborhoods and a major economic hub with boutique retail stores, unique restaurants, and live entertainment options. It is conveniently located across from the Las Vegas Metropolitan Police Department’s Downtown Area Command. Nearby points of interest within walking distance include the Dula Community Center, Cashman Field Complex, Mothership Coffee, and the Fremont Street Experience.

Current ownership has recently invested significantly in upgrades, including the renovation of two of the four apartment units. The units feature modern upgrades such as vinyl plank flooring, white cabinets with white quartz countertops, and modern appliances. The recently renovated community patio area features drought resistant landscaping with ample space for entertainment for tenants and their guests.

With its strategic location and recent improvements, 632 North 9th Street is an attractive option for tenants seeking comfortable and convenient living near Downtown Las Vegas. Investors will find this property highly appealing for its prime location and value-add potential, offering a promising return on investment.

Investment Highlights

  • 4 Multi-Family Units Across 2 Buildings with 1 Bedroom Floor Plans
  • Partially Renovated Value-Add Opportunity
  • Gated Community Courtyard with Drought Resistant Landscaping
  • Within Walking Distance of the Heart of Downtown Las Vegas
  • Located Within Minutes of US Route 95 & Interstate 15

Exclusively Listed By

  • Drew Holden

    First Vice President Investments

    (702) 215-7118

    Email Drew

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

    Las Vegas

Financing By

Multifamily

632 N 9th St

Listing Price: $545,000

Cap Rate
6.74%
Number of Units
4
GRM
10.59
Price/Unit
$136,250
Price/Gross SF
$192.17
Gross SF
2,836

Investment Highlights

  • 4 Multi-Family Units Across 2 Buildings with 1 Bedroom Floor Plans
  • Partially Renovated Value-Add Opportunity
  • Gated Community Courtyard with Drought Resistant Landscaping
  • Within Walking Distance of the Heart of Downtown Las Vegas
  • Located Within Minutes of US Route 95 & Interstate 15

Investment Overview

Marcus & Millichap, as the exclusive listing group, is pleased to present 632 North 9th Street, a partially renovated multifamily investment property featuring four partially renovated units near Downtown Las Vegas, NV. Situated on a 0.16-acre lot, the property includes both single-story and two-story buildings with 1-bedroom floor plans. This property offers tenants easy access to Las Vegas’s most sought-after neighborhoods and a major economic hub with boutique retail stores, unique restaurants, and live entertainment options. It is conveniently located across from the Las Vegas Metropolitan Police Department’s Downtown Area Command. Nearby points of interest within walking distance include the Dula Community Center, Cashman Field Complex, Mothership Coffee, and the Fremont Street Experience. Current ownership has recently invested significantly in upgrades, including the renovation of two of the four apartment units. The units feature modern upgrades such as vinyl plank flooring, white cabinets with white quartz countertops, and modern appliances. The recently renovated community patio area features drought resistant landscaping with ample space for entertainment for tenants and their guests. With its strategic location and recent improvements, 632 North 9th Street is an attractive option for tenants seeking comfortable and convenient living near Downtown Las Vegas. Investors will find this property highly appealing for its prime location and value-add potential, offering a promising return on investment.

Exclusively Listed By

  • Drew Holden

    First Vice President Investments

    (702) 215-7118

    Email Drew

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

    Las Vegas

Financing By

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