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Pinnacle Apartments 4330 Las Vegas Blvd N 60 Unit Apartment Building $9,646,978 CAD ($160,783 CAD/Unit) Las Vegas, NV 89115
Investment Highlights
- Attractive price per unit
- Large 2.88 acre lot with spacious units, a gated entrance, plentiful carport parking, an onsite laundry room, and a large courtyard
- 50 out of 60 units have been renovated along with new exterior two tone paint
- Value-add opportunity to continue the lease up phase, continue renovations, and increase the additional income stream
Executive Summary
Blake Leavitt at KW Commercial is proud to present the value-add opportunity to acquire Pinnacle Apartments, a 60 unit class B apartment community in Las Vegas that was built in 1984. Pinnacle Apartments is strategically located in the Northeast Las Vegas submarket directly along Las Vegas Boulevard, providing efficient access to Downtown Las Vegas, the Las Vegas Strip, Nellis Air Force Base, Apex Industrial Park, and the growing North Las Vegas industrial corridor, which continues to attract significant logistics and manufacturing investment. The surrounding area benefits from strong workforce housing demand driven by nearby industrial employment centers, national distribution facilities, and ongoing population growth throughout Southern Nevada, making Pinnacle Apartments well-positioned to capitalize on continued renter demand in one of the region’s key workforce housing corridors.
Pinnacle Apartments is situated on a large 2.88 acre lot and features spacious units, a gated entrance, plentiful carport parking, an onsite laundry room, and a large courtyard. Approximately 50 out of the 60 units have been renovated under current ownership along with new exterior two tone paint. The property is under new management as of April 2026 and is currently in the lease up phase. There is a value-add opportunity to acquire the property at an attractive price per unit to continue the lease up phase, perform exterior renovations in the common areas, perform interior renovations on the remaining non-renovated units, and increase the additional income stream.
Pinnacle Apartments is situated on a large 2.88 acre lot and features spacious units, a gated entrance, plentiful carport parking, an onsite laundry room, and a large courtyard. Approximately 50 out of the 60 units have been renovated under current ownership along with new exterior two tone paint. The property is under new management as of April 2026 and is currently in the lease up phase. There is a value-add opportunity to acquire the property at an attractive price per unit to continue the lease up phase, perform exterior renovations in the common areas, perform interior renovations on the remaining non-renovated units, and increase the additional income stream.
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Property Facts
| Price | $9,646,978 CAD | Lot Size | 2.88 AC |
| Price Per Unit | $160,783 CAD | Building Size | 35,024 SF |
| Sale Type | Investment | Average Occupancy | 30% |
| No. Units | 60 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1984/2025 |
| Property Subtype | Apartment | Parking Ratio | 1.71/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | H-2, County | ||
| Price | $9,646,978 CAD |
| Price Per Unit | $160,783 CAD |
| Sale Type | Investment |
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.88 AC |
| Building Size | 35,024 SF |
| Average Occupancy | 30% |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2025 |
| Parking Ratio | 1.71/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | H-2, County |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Courtyard
- Laundry Facilities
- Grill
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 14 | $1,239 CAD | 396 |
| 1+1 | 28 | $1,377 CAD | 572 |
| 2+1 | 18 | $1,515 CAD | 655 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Not bikeable
10/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $731,663 CAD | |
| Land Assessment | $448,585 CAD | Total Assessment | $1,180,247 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$448,585 CAD
Improvements Assessment
$731,663 CAD
Total Assessment
$1,180,247 CAD
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Pinnacle Apartments | 4330 Las Vegas Blvd N
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