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3017-3021 E Carey Ave 12 Unit Apartment Building $1,423,904 CAD ($118,659 CAD/Unit) North Las Vegas, NV 89030



Investment Highlights
- A True Value-Add Opportunity with Clear Rent Growth Levers
- Opportunity to Force Appreciation Through Execution, Not Guesswork
- Strong Rental Demand in an Established North Las Vegas Submarket
Executive Summary
http://www.BuyLasVegasMultifamily.com/3017-Carey
3017 E Carey Avenue offers a compelling value-add multifamily opportunity in North Las Vegas, where in-place operations present a clear and immediate path to meaningful rent growth and outsized returns.
This 12-unit multifamily property features a well-balanced unit mix of eight 1-bedroom / 1-bath units and four studio units, a configuration that supports strong demand while providing flexibility to optimize rents across multiple tenant profiles.
The existing rent roll is significantly below market, creating an attractive opportunity for new ownership to increase in-place rents, improve operating efficiency, and drive a higher NOI without expanding the footprint or adding complexity. With strategic execution, investors can unlock both near-term income growth and long-term value appreciation.
Located in an established North Las Vegas submarket with continued rental demand, 3017 E Carey Avenue is ideally positioned for investors seeking a hands-on value-add acquisition with a clear upside thesis. This is an asset where returns are created through execution—not speculation.
For buyers looking to actively grow cash flow, enhance asset value, and capture upside through disciplined management, 3017 E Carey represents a rare opportunity in a supply-constrained market.
3017 E Carey Avenue offers a compelling value-add multifamily opportunity in North Las Vegas, where in-place operations present a clear and immediate path to meaningful rent growth and outsized returns.
This 12-unit multifamily property features a well-balanced unit mix of eight 1-bedroom / 1-bath units and four studio units, a configuration that supports strong demand while providing flexibility to optimize rents across multiple tenant profiles.
The existing rent roll is significantly below market, creating an attractive opportunity for new ownership to increase in-place rents, improve operating efficiency, and drive a higher NOI without expanding the footprint or adding complexity. With strategic execution, investors can unlock both near-term income growth and long-term value appreciation.
Located in an established North Las Vegas submarket with continued rental demand, 3017 E Carey Avenue is ideally positioned for investors seeking a hands-on value-add acquisition with a clear upside thesis. This is an asset where returns are created through execution—not speculation.
For buyers looking to actively grow cash flow, enhance asset value, and capture upside through disciplined management, 3017 E Carey represents a rare opportunity in a supply-constrained market.
Property Facts
| Price | $1,423,904 CAD | Building Class | C |
| Price Per Unit | $118,659 CAD | Lot Size | 0.30 AC |
| Sale Type | Investment | Building Size | 5,008 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 85% |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1978 |
| Property Subtype | Apartment | Parking Ratio | 2.8/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-4, North Las Vegas - R-4 High-Density Multi-Family Residential | ||
| Price | $1,423,904 CAD |
| Price Per Unit | $118,659 CAD |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 5,008 SF |
| Average Occupancy | 85% |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 2.8/1,000 SF |
| Zoning | R-4, North Las Vegas - R-4 High-Density Multi-Family Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Tile Floors
- Refrigerator
- Deck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 450 |
1 1
Property Taxes
| Parcel Number | 139-24-510-245 | Improvements Assessment | $84,729 CAD |
| Land Assessment | $86,035 CAD | Total Assessment | $170,764 CAD |
Property Taxes
Parcel Number
139-24-510-245
Land Assessment
$86,035 CAD
Improvements Assessment
$84,729 CAD
Total Assessment
$170,764 CAD
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3017-3021 E Carey Ave
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