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550 Elm Dr
Las Vegas, NV 89169

$3,580,000 USD

Apartments For Sale  •  25,280 SF

Property Details

  • Property Type Apartments
  • Total Building Size 25,280 SF
  • Lot Size 0.94 AC
  • Building Class C
  • Year Built 1970
  • Cap Rate 7.03 %
  • Zoning H-1, County
46 Transit Score
72 Walk Score

Highlights

Pool / Jacuzzi
On-site Laundry (extra income)
Secured / Gated Property
Large Sized Units
H-1 Zoning (Can be converted into a Hotel, Air BnB or even Condo's)

Property Flyers

Financial Summary (Actual)

Net Operating Income: $258,244 USD (2022)
Cap Rate: 7.03 %
Total Expenses: $40,412 USD

Amenities

  • Air Conditioning
  • Balcony
  • Controlled Access
  • Dishwasher
  • Laundry Facilities
  • Microwave
  • Pool
  • Hardwood Floors
  • Refrigerator
  • Carpet
  • Freezer

Public Transportation

Transit/SubwayDriveWalkDistance
Las Vegas Convention Center Station (Las Vegas Monorail - Las Vegas Monorail (The Monorail)) 1 min 12 min 0.7 mi
AirportDriveWalkDistance
Harry Reid International 7 min - 3.1 mi
Boulder City Municipal 35 min - 23.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Larry Strychalski 702-781-3117 International Realty LV
Larry Strychalski 702-781-3117 International Realty LV