720 N 10th St (Part of 7-unit Portfolio)

720 N 10th Street, Las Vegas, NV 89101

  • For Sale $600,000
  • Property Type Multi-Family
  • Property Size 800 SF
  • Units 4
  • Lot Size 0.16 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Jul 17, 2024
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 TENANTS4 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 DO NOT DISTURB TENANTS

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Contacts

broker

Grant Pickard

Fortis Commercial Advisors

Location

Getting Around

  • Walk Score ®

    60/100 Somewhat Walkable
  • Transit Score ®

    55/100 Good Transit
  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • City Las Vegas, NV
  • Neighborhood Downtown Las Vegas
  • Zip Code 89101
  • Market Las Vegas

Points of Interest

  • Sahara

    2.68 miles

  • LVCC Central Station

    3.34 miles

  • LVCC West Station

    3.39 miles

  • Boingo/Las Vegas Convention Center

    3.49 miles

  • Rideshare Pickup

    4.80 miles

  • Bellagio Tram Station

    5.24 miles

  • The Crystals Tram Station

    5.32 miles

  • Park MGM Tram Station

    5.46 miles

  • MGM Grand

    5.49 miles

  • Excalibur North

    5.78 miles

  • 7-Eleven

    0.53 miles

  • Tesla Supercharger

    0.83 miles

  • 7-eleven

    0.89 miles

  • Chevron

    0.94 miles

  • Bells Gas

    1.36 miles

  • Arco

    1.37 miles

  • ARCO

    1.48 miles

  • ChargePoint

    3.91 miles

  • Tesla Destination Charger

    4.60 miles

  • Linq High Roller Supercharger

    4.60 miles

  • Parking Lot A

    0.11 miles

  • Neon Museum Parking

    0.14 miles

  • Parking Lot C

    0.21 miles

  • Parking Lot B

    0.22 miles

  • Parking Lot D

    0.34 miles

  • Zappos Self Parking

    0.45 miles

  • Zappos.com 7th Street Lot

    0.46 miles

  • El Cortez Valet Lot

    0.54 miles

  • Cortez Free Parking

    0.54 miles

  • Mob Museum Self Parking

    0.55 miles

  • Parkview Inn

    0.38 miles

  • Regency Motel

    0.52 miles

  • Americas Best Value Inn Downtown Las Vegas

    0.53 miles

  • Alpine Motel

    0.55 miles

  • Vista Motel

    0.55 miles

  • El Cortez Cabana Suites

    0.57 miles

  • Oasis at Gold Spike

    0.57 miles

  • Downtown Grand

    0.59 miles

  • Downtowner Motel

    0.60 miles

  • Dragon Motel

    0.63 miles

  • Wild

    0.61 miles

  • Rachel's Kitchen

    0.63 miles

  • Triple George Grill

    0.64 miles

  • Turmeric

    0.65 miles

  • Pizza Rock - Downtown

    0.65 miles

  • Evel Pie

    0.68 miles

  • Park on Fremont

    0.68 miles

  • Tomo Noodles

    0.68 miles

  • Roli Roti

    0.68 miles

  • Nacho Daddy

    0.68 miles

  • First Christian Church Child Development Center

    0.34 miles

  • Biltmore Special School

    0.35 miles

  • Carousel Christian Child Development Center

    0.43 miles

  • Community College of Southern Nevada Downtown Learning Center

    0.54 miles

  • Halle Hewetson Elementary School

    0.55 miles

  • Echoes Christian Academy

    0.57 miles

  • Rancho High School

    0.85 miles

  • Divine Providence Variety Day Home

    0.87 miles

  • Variety Early Learning Center

    0.89 miles

  • Las Vegas Academy

    0.95 miles

  • La Petite Academy

    5.17 miles

  • KinderCare

    6.85 miles

  • Sekuritie Child Care LLC

    8.74 miles

  • Childtime

    9.19 miles

Frequently Asked Questions

How much does 720 N 10th St (Part of 7-unit Portfolio) cost?

The space currently listed for sale at 720 N 10th St (Part of 7-unit Portfolio) asks for $600,000.

What is the total square footage of 720 N 10th St (Part of 7-unit Portfolio)?

720 N 10th St (Part of 7-unit Portfolio) totals 800 square feet.

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Contact Listing Broker

broker

Grant Pickard

Fortis Commercial Advisors