312 N 10th St (Part of 7-Unit Portfolio)

Multifamily Portfolio Sale in Downtown Las Vegas Portfolio Sale: Acquire two lucrative multifamily properties in one comprehensive investment package, offering immediate cash flow and long-term appreciation potential. 312 N 10th St: This building features 3 units, generating a total monthly income of $2,895. It boasts a private courtyard and interior upgrades, enhancing tenant satisfaction and property value. 720 N 10th St: With 4 units, this building generates a total monthly income of $4,000. Recent exterior improvements have been completed, ensuring curb appeal and attracting quality tenants. Demographic Insights and Retail Trends Strategic Location: Situated in the heart of Downtown Las Vegas, these properties benefit from a diverse and growing population, with a mix of young professionals, students, and urban dwellers seeking convenient and affordable housing options. Retail Resurgence: The surrounding area has experienced a resurgence in retail activity, with trendy boutiques, cafes, and restaurants catering to the evolving preferences of residents and visitors alike. This trend contributes to the overall desirability and value of the properties. Surrounding Businesses and Events: Proximity to renowned attractions such as Fremont Street Experience, local casinos, and cultural venues ensures a steady influx of tourists and patrons, creating a vibrant atmosphere that adds intrinsic value to the properties. Investment Opportunity With a combined monthly income of $6,895 and potential for future growth through rental increases and value-add strategies, this portfolio promises attractive returns and lasting value. DO NOT DISTURB TENANTS3 Unit: 312 N 10th St, Las Vegas, NV 89101 Offering Price: $525,000 1,081 SF Unit 1 $895 MTM 2 Bed/ 1 Bath Private Courtyard Unit 2 $1000 MTM 1 Bed/ 1 Bath Private Courtyard Interior Upgrades Unit 3 $1000 MTM 1 Bed/ 1 Bath Private Courtyard Interior Upgrades 4 Unit: 720 N 10th St, Las Vegas, NV 89101 Offering Price: $600,000 800 SF Unit 1 $1000 MTM 2 Bed/ 1 Bath Unit 2 $1000 MTM 2 Bed/ 1 Bath Unit 3 $1000 MTM 2 Bed/ 1 Bath Unit 4 $1000 MTM 2 Bed/ 1 Bath Exterior Improvements Completed