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Investment Highlights

  • Newly Constructed Apartments
  • A rare opportunity to acquire brand new units on the West side of Las Vegas
  • Intersection of Tropicana and Jones

Executive Summary

Jones Apartments is a brand-new, 44-unit community on the west side, just minutes from the Strip and the fast-growing southwest. And it's hitting the market before it stabilizes.
Leasing just started, so this is an early look at the deal. A buyer steps in during lease-up and captures the income ramp directly instead of paying a stabilized premium.
The asset is a 2026 delivery with granite-look kitchens, new appliances, wood-style flooring, walk-in closets, private balconies, and gated covered parking, sitting on a hard retail corner at Tropicana and Jones with Albertsons, Smith's, and the Tropicana Centre across the street.

Property Facts

Price $15,937,845 CAD
Price Per Unit $362,224 CAD
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 44
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 1.63 AC
Building Size 50,646 SF
No. Stories 3
Year Built 2026
Zoning None

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Gated
  • Walk-Up
  • Smoke Detector
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 163-24-410-013
  • 163-24-410-014
Land Assessment
$610,285 CAD
Improvements Assessment
$2,267,972 CAD
Total Assessment
$2,878,257 CAD
  • Listing ID: 40659411

  • Date on Market: 2026-05-26

  • Last Updated:

  • Address: 4846 S Jones Blvd, Las Vegas, NV 89103

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