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205 S 11th St - *PRICE REDUCED* DTLV Development Opportunity
0.15 Acres of Commercial Land Offered at $500,000 in Las Vegas, NV 89101
Investment Highlights
- Permits can be pulled quickly.
- Entitlements include zero building set backs.
Executive Summary
Property Facts
| Price | $500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.15 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Price | $500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.15 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot Jameson
| Price | $500,000 | Lot Size | 0.15 AC |
| Price Per AC | $3,333,333 |
| Price | $500,000 |
| Price Per AC | $3,333,333 |
| Lot Size | 0.15 AC |
0.15 Acres Located at Carson and 11th. The 205 S. 11th St project marketed as The Jameson Studios and Lofts is an 18-unit multi-family apartment development on approximately 6,534 SF of land in the heart of Downtown Las Vegas.
Description
This asset is centrally located in Downtown Las Vegas, NV and one block f rom the famed Fremont Street East and recent developments such as Ferguson’s and Public US. Being located just off the southeast corner of Carson and Eleventh provides renters easy access to all of Downtown Las Vegas’s amenities as well as work locations all within walking distance. The 205 S. Eleventh Street location within the Downtown Las Vegas community is an ideal location for new and modern apartments priced within the submarket’s +/- $4.00 SF rental rate. The Jameson will be one of few brand new/ground up boutique type apartment complex in Downtown Las Vegas in recent years.
PROPERTY TAXES
| Parcel Number | 139-34-712-109 | Improvements Assessment | $0 |
| Land Assessment | $35,447 | Total Assessment | $35,447 |
PROPERTY TAXES
zoning
| Zoning Code | R4 (High Density Residential) |
| R4 (High Density Residential) |
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Devin Lee, CCIM -
Northcap Multifamily
Presented by
205 S 11th St - *PRICE REDUCED* DTLV Development Opportunity
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