For Sale
$605,000

529 Mckellar CirLas Vegas, NV 89119

Four-unit rental portfolio near the Strip. High rental income.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional multifamily investment property, located at 529 McKellar Circle in Las Vegas, Nevada, presents a compelling opportunity for discerning investors. The property consists of a single, two-story building encompassing 3,345 square feet, divided into four individual rental units. Built in 1963, this well-maintained property offers a strong return on investment, with each unit currently leased, generating substantial rental income. The asking price is $605,000, translating to $151,250 per unit and a price per square foot of $180.87. Its prime location in the 89119 zip code places it within minutes of the vibrant Las Vegas Strip, the University of Nevada, Las Vegas (UNLV), and a wealth of shopping and dining options, ensuring consistent tenant demand and high occupancy rates. This property is an ideal addition to any existing portfolio or a perfect entry point for investors seeking a stable and profitable venture in the thriving Las Vegas real estate market. The property's strong cash flow potential, coupled with its convenient location and current occupancy, makes this a truly remarkable investment opportunity.

Highlights

  • Exceptional multifamily investment property in Las Vegas, NV.
  • Four-unit building totaling 3,345 square feet.
  • Asking price: $605,000 ($151,250 per unit, $180.87/SF).
  • Built in 1963, well-maintained with 100% occupancy.
  • Prime location near the Las Vegas Strip and UNLV, ensuring high demand.

Property Details for 529 Mckellar Cir

Property type
Residential income homes
Square Feet
3,345 SF
Year Built
1963
Buildings
1
Stories
2
Units
4

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.117256
Longitude
-115.1510638
529 Mckellar Cir, Las Vegas, Nevada

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529 Mckellar Cir
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