This Multifamily Property is no longer advertised on LoopNet.com.

715 S 3rd St
Las Vegas, NV 89101

The Studios at 3rd Street · Multifamily Property For Sale · 12 Units

INVESTMENT HIGHLIGHTS

  • The Studios at 3rd Street were renovated in 2019 and feature new plumbing, HVAC systems, fixtures, and high-end modern amenities.
  • This street was selected to be a prototype for future redevelopment, with paver- and tree-lined streets and seamless connectivity to events.
  • The building exterior features a new metal roof, LOW E windows, coded gate access, and trees for luxurious privacy in the heart of everything.
  • Tenants enjoy easy access to a movie theater, bars, restaurants, courthouse and law offices, brand new main downtown public transit, and more.
  • The property comes fully leased, and this desirable building has become so well-known there is a wait list to lease apartments.

PROPERTY FACTS

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.16 AC
Building Size 3,308 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1946/2019

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Wi-Fi
  • Double Pane Windows

SITE AMENITIES

  • Controlled Access
  • Fenced Lot
  • Laundry Facilities
  • Gated
  • Furnished Units Available
  • Community-Wide WiFi
  • Public Transportation

ABOUT 715 S 3RD ST , LAS VEGAS, NV 89101

This boutique apartment complex featuring a modern design is located in the premium Arts District location of Downtown Las Vegas. The property was renovated in 2019 and features fully rehabbed plumbing, HVAC systems, brand new metal roof, all-new fixtures, low voltage recessed lighting, laundry facilities on-site, community Wi-Fi, and much more. The finishes on this property are similar to custom homes and high-rises, and the area offers premium amenities. The exterior was designed to offer lush privacy along with minimal maintenance fees, through a new metal roof, energy-efficient windows, and brand new everything. This property features virtually no maintenance and will produce cash-flow month after month without labor-intensive management.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 12 $1,050 -

PROPERTY TAXES

ZONING

Zoning Code R-4 (Multi-Family - Downtown Overlay District)
  • Listing ID: 18652686

  • Date on Market: 2/26/2020

  • Last Updated:

  • Address: 715 S 3rd St, Las Vegas, NV 89101