28 Unit Las Vegas Apartments

Lynnwood Apartments is a 28-Unit, three building multifamily property with gated courtyard strategically located just off Sahara Ave., walking distance to the world's famous Las Vegas Strip, and near medical cooridor one block away from Sunrise Hosptial, Las Vegas Convention Center and several amenities nearby. The property is currently 79% occupied, this property offers significant value-added potential under new management. With continued lease up, updated tenant selection and modest capital improvements (new AC, water heater, minor unit turns), investors can expect long term appreciation. With large unit sizes, upgraded interiors, gated setting and proximity to medical and tourism employment centers nearby make this property highly attractive to long-term tenants. Please contact me for the current rent roll and T12. Bring all offers!

Unit Mix

• 16- 1 Bed/1 Bath (Avg. Rent Target- $1,100-)
• 2- 2 Bed/1 Bath (Avg. Rent Target- $1,200)
• 8- 2 Bed/2 Bath (Avg. Rents Target- $1,200-)
• 2- 3 Bed/2 Bath (Avg. Rent Target- $1,400-)