For Sale
$785,000

2743 Kline CirLas Vegas, NV 89121

Four-unit apartment building, strong cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional investment opportunity presents a well-maintained four-unit apartment building located at 2743 Kline Cir, Las Vegas, NV 89121. The property, built in 1974, boasts a total of 4,273 square feet and sits on a single-story building, zoned as a fourplex. Each of the four units offers ample living space, with parking for four vehicles total. The asking price is $785,000, translating to $196,250 per unit and a price per square foot of $183.71. This represents a compelling 5.40% cap rate, making it an attractive net lease investment. The property's Class C designation reflects its solid foundation and potential for future appreciation. The property's location in Clark County, Nevada, offers convenient access to local amenities and services. The property features a mix of unit layouts, each with its own unique charm. Several units include inviting living rooms, eat-in kitchens with built-in appliances, and primary bedrooms with en-suite bathrooms. This turnkey investment is ideal for both seasoned investors and those seeking a stable, income-generating asset. The property's strong cash flow potential and desirable location make it a truly exceptional opportunity in the Las Vegas market. The APN is 162-12-112-011.

Highlights

  • $785,000 asking price for a fourplex in Las Vegas, NV.
  • Net-leased Class C multifamily property with four units.
  • 4,273 square feet, $183.71 per square foot, and a 5.40% cap rate.
  • Built in 1974, single-story building with four parking spaces per unit.
  • Located at 2743 Kline Cir, Las Vegas, NV 89121, APN 162-12-112-011.

Property Details for 2743 Kline Cir

Property type
Apartment buildings
Square Feet
4,273 SF
Class
C
Year Built
1974
Buildings
1
Stories
1
Units
4

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.1413332
Longitude
-115.1127063
2743 Kline Cir, Las Vegas, Nevada

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2743 Kline Cir
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message