525 E Saint Louis Ave
Las Vegas, NV 89104
92 Unit - 7.98% In-Place Cap Rate · Multifamily Property For Sale
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92 Units
Property Facts
| No. Units | 92 | Lot Size | 1.90 AC |
| Property Type | Multifamily | Building Size | 93,624 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1963/2023 |
| Building Class | C | Parking Ratio | 0.73/1,000 SF |
| Zoning | R5 | ||
| No. Units | 92 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 1.90 AC |
| Building Size | 93,624 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1963/2023 |
| Parking Ratio | 0.73/1,000 SF |
| Zoning | R5 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Laundry Facilities
- Tenant Controlled HVAC
- Furnished Units Available
- Elevator
- Online Services
- Public Transportation
- Smoke Detector
About 525 E SAINT LOUIS AVE , LAS VEGAS, NV 89104
The Investment Services Group is pleased to offer an exceptional opportunity to purchase a four-story multifamily property in the heart of Las Vegas just off the Las Vegas Strip. The property is located at the northeast corner of Paradise Road and E. St. Louis Avenue, having the civic address of 525 E. St. Louis Avenue, Las Vegas, Nevada 89104. The property offers flexible options for its tenants and is the perfect investment to take advantage of both new and existing amenities. The Property consists of a four-story, single-loaded exterior corridor apartment complex situated on +/-1.9 acres. The Property offers 92 fully-furnished units, inclusive of one manager' s unit, and a 67 space surface parking lot. The Property is less than a 1/2 block east of S. Las Vegas Boulevard and surrounded by multiple high density residential and commercial uses. The neighborhood includes the brand new Lucky Dragon Casino, the Stratosphere Casino, the SLS Casino and is just east of Interstate 15.
Property Taxes
| Parcel Number | 162-03-303-002 | Improvements Assessment | $2,276,125 |
| Land Assessment | $483,000 | Total Assessment | $2,759,125 |
Property Taxes
