For Sale
$785,000

2701 Kline CirLas Vegas, NV 89121

Four-unit apartment building, prime location

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional four-unit apartment building presents a compelling investment opportunity in the heart of Las Vegas, Nevada. Built in 1974, this single-story property boasts a total of 4,492 square feet situated on a generous 10,454 square foot lot (APN 162-12-112-013). The asking price is $785,000, representing a price per square foot of $189 and a compelling 5.20% cap rate. Each of the four units offers a comfortable living space, including a living room, dining area, kitchen with appliances, and well-appointed bedrooms. Residents enjoy the convenience of private yards and assigned detached garages. A community pool adds to the appeal. The property's central location provides easy access to the Las Vegas Strip, schools, and transportation, making it highly attractive to tenants. This Class C multifamily property presents a strong potential for rental income and appreciation, making it an ideal investment for both seasoned and new investors seeking a foothold in the vibrant Las Vegas market. The property's location in Clark County, zip code 89121, at 2701 Kline Cir, Las Vegas, NV, further enhances its desirability. The land value alone is significant, offering additional investment security. This is a rare opportunity to acquire a well-maintained, income-producing property in a high-demand area.

Highlights

  • $785,000 asking price for a four-unit apartment building.
  • Multifamily property, Class C, with 4,492 square feet.
  • Located at 2701 Kline Cir, Las Vegas, NV 89121, APN 162-12-112-013.
  • 5.20% cap rate, $189 per square foot, and $785,000 land value.
  • Built in 1974, one story, on a 10,454 square foot lot.

Property Details for 2701 Kline Cir

Property type
Apartment buildings
Square Feet
4,492 SF
Class
C
Year Built
1974
Stories
1
Units
4

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.1414207
Longitude
-115.1131953
2701 Kline Cir, Las Vegas, Nevada

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2701 Kline Cir
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