Investment Overview

Marcus & Millichap, as the exclusive listing broker, is pleased to introduce The 8th Street Apartments, a well-positioned multifamily investment property located at 210-218 South 8th Street in the heart of Downtown Las Vegas, NV. This 35-unit apartment community, consisting of three separate buildings with three stories, spans ± 18,783 square feet across ± 0.58 acres, spread among three parcels. Built in 1984 and renovated in 2014, the property offers a desirable mix consisting of one-bedroom floor plans and a studio unit, catering to renters seeking quality and convenience in the rapidly growing downtown area. The 8th Street Apartments benefit from a premier location in the vibrant Downtown Las Vegas submarket, just steps away from popular attractions such as the Downtown Container Park and the Fremont East District. Residents enjoy easy access to a multitude of boutique retail shops, eclectic dining options, and entertainment venues, making it an ideal setting for those who want to experience the lively and dynamic lifestyle that downtown Las Vegas has to offer. Additionally, the property’s strategic location and proximity to major economic hubs provide prospective tenants with convenient living options close to both work and leisure activities, further enhancing its appeal. The property features a range of modern upgrades, including stainless steel appliances, gas cooking stoves, granite countertops, and ceramic tile flooring. Residents also benefit from spacious walk-in closets and other amenities such as an outdoor fire pit, barbecue area, bocce ball court, basketball court, electric range, and laundry facilities. These enhancements not only increase the quality of life for residents but also make The 8th Street Apartments an attractive investment opportunity for buyers seeking a property with strong income potential in a revitalized and thriving downtown market. Investors will find this asset to be a valuable addition to their portfolio, given its prime location and opportunity to capitalize on and continue renovations that align with the ongoing revitalization of Downtown Las Vegas.