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Multifamily

312 W Cleveland Ave

312 W Cleveland Ave, Las Vegas, NV 89102

Listing Price: $1,000,000

Cap Rate
5.26%
Number of Units
10
Price/Unit
$100,000
Price/Gross SF
$228.83
Gross SF
4,370

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 312 West Cleveland Avenue, a 10-unit multifamily investment property located in Las Vegas, Nevada. Built in 1955, the property consists of 10, one-bedroom units and offers amenities including gated entry, a spacious courtyard, open parking, and security doors. 312 West Cleveland Avenue is adjacent to The STRAT Hotel and is located just off the Las Vegas Strip, a 4-mile corridor of the world's most famous resorts and casinos. The property is also 2 miles away from Fremont Street, a five-block mall which attracts thousands annually to its unique dining and entertainment venues. Additionally, 312 West Cleveland Avenue is just 0.5 miles from Interstate 15, providing residents with convenient access to nearby employment hubs.

Investment Highlights

  • A 10-Unit Multifamily Investment Property Located in Las Vegas
  • The Property Consists Exclusively of One-Bedroom Units
  • Amenities Include Gated Access, Security Doors, Open Parking, and a Spacious Courtyard
  • Located in Close Proximity to Resorts World, the First New Resort to be Completed on The Strip since 2010

Exclusively Listed By

Listing Price: $1,000,000

Cap Rate
5.26%
Number of Units
10
Price/Unit
$100,000
Price/Gross SF
$228.83
Gross SF
4,370

Investment Highlights

  • A 10-Unit Multifamily Investment Property Located in Las Vegas
  • The Property Consists Exclusively of One-Bedroom Units
  • Amenities Include Gated Access, Security Doors, Open Parking, and a Spacious Courtyard
  • Located in Close Proximity to Resorts World, the First New Resort to be Completed on The Strip since 2010

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 312 West Cleveland Avenue, a 10-unit multifamily investment property located in Las Vegas, Nevada. Built in 1955, the property consists of 10, one-bedroom units and offers amenities including gated entry, a spacious courtyard, open parking, and security doors. 312 West Cleveland Avenue is adjacent to The STRAT Hotel and is located just off the Las Vegas Strip, a 4-mile corridor of the world's most famous resorts and casinos. The property is also 2 miles away from Fremont Street, a five-block mall which attracts thousands annually to its unique dining and entertainment venues. Additionally, 312 West Cleveland Avenue is just 0.5 miles from Interstate 15, providing residents with convenient access to nearby employment hubs.

Exclusively Listed By

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