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Price Reduction/Come Buy me now 1025 Stewart Ave

12 Unit Apartment Building $1,900,000 ($158,333/Unit) Las Vegas, NV 89101

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Investment Highlights

Price Reduction $1,900,000
surrounded by new develpoment

about one half acre of land
NOI about $101,000

Executive Summary

12 units Apartment! Price Reduction
There are 3 building each have 4 units, siting on about 1/2 acre of land. All being sold together for a total of 12 units
Nice kept with fencing around on a corner of Stewart and North 11 street.
Walking distance to down town, bus line, clean
Come own part Of down Town Las Vegas

Financial Summary (Actual - 2022)	Annual	Annual Per SF
Gross Rental Income	-	-
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	-	-
Net Operating Income	$101,000	$10.10

Financial Summary (Actual - 2022)

Gross Rental Income
Annual	-
Annual Per SF	-

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	-
Annual Per SF	-

Net Operating Income
Annual	$101,000
Annual Per SF	$10.10

Property Facts

Price	$1,900,000	Building Class	C
Price Per Unit	$158,333	Lot Size	0.50 AC
Sale Type	Investment	Building Size	10,000 SF
Sale Conditions	Bulk/Portfolio Sale	Average Occupancy	100%
No. Units	12	No. Stories	2
Property Type	Multifamily	Year Built/Renovated	1948/2020
Property Subtype	Apartment Multifamily Dormitory	Parking Ratio	1.6/1,000 SF
Apartment Style	Low Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,900,000
Price Per Unit	$158,333
Sale Type	Investment
Sale Conditions	Bulk/Portfolio Sale
No. Units	12
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Low Rise
Building Class	C
Lot Size	0.50 AC
Building Size	10,000 SF
Average Occupancy	100%
No. Stories	2
Year Built/Renovated	1948/2020
Parking Ratio	1.6/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Site Amenities

Fenced Lot

Laundry Facilities

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
1+1	11	$825.00	618
2+1	1	-	-

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Walk Score ®

Very Walkable (84)

What is a Walk Score®, Transit Score® & Bike Score®?

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Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

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, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers	Multiple 139-35-211-034 139-35-211-035 139-35-211-036	Improvements Assessment	$75,471 (2024)
Land Assessment	$140,700 (2024)	Total Assessment	$216,171 (2024)

PROPERTY TAXES

Parcel Numbers

Multiple

139-35-211-034
139-35-211-035
139-35-211-036

Land Assessment

$140,700 (2024)

Improvements Assessment

$75,471 (2024)

Total Assessment

$216,171 (2024)

zoning

Zoning Code	T4 and T-5 (mean you can redevelop the property and go higher in floors)
T4 and T-5 (mean you can redevelop the property and go higher in floors)

Listing ID: 28195239
Date on Market: 4/10/2023
Last Updated:
Address: 1025 Stewart Ave, Las Vegas, NV 89101

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1025 Stewart Ave, Las Vegas, NV for sale Building Photo- Image 1 of 10 — property 4

1025 Stewart Ave, Las Vegas, NV for sale Building Photo- Image 2 of 10 — front of the property

1025 Stewart Ave, Las Vegas, NV for sale Building Photo- Image 3 of 10 — property 1

1025 Stewart Ave, Las Vegas, NV for sale Building Photo- Image 4 of 10 — property 2

1025 Stewart Ave, Las Vegas, NV for sale Building Photo- Image 5 of 10 — property 3

1025 Stewart Ave, Las Vegas, NV for sale Building Photo- Image 6 of 10 — court 2

1025 Stewart Ave, Las Vegas, NV for sale Building Photo- Image 7 of 10 — ascross the street

1025 Stewart Ave, Las Vegas, NV for sale Building Photo- Image 8 of 10 — down the street

1025 Stewart Ave, Las Vegas, NV for sale Building Photo- Image 9 of 10 — across the street

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