210 8Th StLas Vegas, NV 89101

Property Details for 210 8Th St

Year built

1940

Construction

FRAME

Lot size

0.17 AC

Property size (Sq ft)

3,451 SF

Property type

Motels

APN

139-34-612-014

APU

13934612014

Description

This exceptional multifamily investment opportunity presents a 35-unit apartment complex ideally situated in the heart of Downtown Las Vegas, Nevada. The property, encompassing approximately 18,783 square feet across 0.58 acres, consists of three three-story buildings. Built in 1984 and extensively renovated in 2014, the property boasts a desirable mix of one-bedroom units and a studio, catering to the growing demand for urban living. Modern upgrades include stainless steel appliances, gas cooking stoves, granite countertops, and ceramic tile flooring. Residents enjoy added amenities such as spacious walk-in closets, an outdoor fire pit, barbecue area, bocce ball court, basketball court, and laundry facilities. The property's strategic location places it within walking distance of the Downtown Container Park and Fremont East District, offering residents easy access to a vibrant array of retail shops, restaurants, and entertainment venues. Its proximity to major economic hubs further enhances its appeal to tenants. The property is zoned C-2 and sits on three parcels (APN: 139-34-710-052

• CAP approach

  CAP return

  Valuation

  6%

  $924,940

  6.5%

  $853,791

  7%

  $792,806

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,624,808

  Geo Method

  $1,624,808

• Alternative Use

  Use

  Valuation

  Residential

  $932,092

  Hospitality

  $853,791

  Educational

  $710,344

  Medical

  $734,774

  Retail

  $1,104,980

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1695

Longitude

-115.137

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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