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3017-3021 E Carey Ave 12 Unit Apartment Building $1,454,501 CAD ($121,208 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 | $1,454,501 CAD | Building Class | C |
| Price Per Unit | $121,208 CAD | Lot Size | 0.30 AC |
| Sale Type | Investment | Building Size | 6,500 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 | $1,454,501 CAD |
| Price Per Unit | $121,208 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 | 6,500 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
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 139-24-510-245 | Improvements Assessment | $84,562 CAD |
| Land Assessment | $85,865 CAD | Total Assessment | $170,427 CAD |
Property Taxes
Parcel Number
139-24-510-245
Land Assessment
$85,865 CAD
Improvements Assessment
$84,562 CAD
Total Assessment
$170,427 CAD
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3017-3021 E Carey Ave
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