AVA 415 S 10th St 16 Unit Apartment Building $4,526,576 CAD ($282,911 CAD/Unit) 6.03% Cap Rate Las Vegas, NV 89101

AVA Apartments presents a rare opportunity to acquire a fully renovated, stabilized multifamily asset in the heart of Downtown Las Vegas—an area experiencing sustained revitalization, increasing residential demand, and long-term investment momentum.
This 16-unit property is 100% occupied and features an all 1-bedroom / 1-bathroom unit mix, one of the most durable and in-demand floor plan configurations for long-term renters. The building has been completely renovated, allowing new ownership to step into a clean, modern asset with no near-term capital expenditure requirements.
Designed for both tenant appeal and operational efficiency, the property is fully gated with remote access, enhancing security and reducing management friction. Off-street parking further differentiates the asset in a dense urban environment, supporting tenant retention and long-term competitiveness.
Located in a prime downtown corridor, AVA benefits from proximity to Fremont Street, the Arts District, employment centers, public transit, and ongoing infill development. As downtown continues to attract new residents, employers, and capital investment, assets like this remain well-positioned to deliver consistent cash flow and long-term appreciation.
AVA is ideally suited for investors seeking a low-maintenance, long-term hold—offering stabilized performance today with durable fundamentals that support tomorrow’s growth. This is the type of asset that performs quietly, reliably, and predictably in a supply-constrained submarket.
A clean, well-executed downtown investment built for longevity, stability, and sustained demand.