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Mulberry Park Apartments 730 Center St 68 Unit Apartment Building $16,611,448 CAD ($244,286 CAD/Unit) Henderson, NV 89015
INVESTMENT HIGHLIGHTS
- All spacious 2-bedroom, 1-bathroom units, ideal for long-term tenant stability and strong rent demand.
- Value-Add Upside – Opportunity to increase rents to market levels or further enhance unit interiors for additional income growth
- High Employment Base – Close proximity to major employers such as Google Data Center, Haas Automation, and the Henderson Hospital ensures consistent
- Prime Henderson Location – Minutes from Downtown Henderson and a short drive to the Las Vegas Strip, providing access to major employment, dining, a
- Strong Local Economy – Henderson is one of the fastest-growing cities in Nevada, fueled by tech, healthcare, and logistics sectors.
- Thriving Submarket – Henderson consistently ranks as one of the most desirable residential areas in Southern Nevada, with strong rent growth and low
EXECUTIVE SUMMARY
Mulberry Park Apartments is a 68-unit multifamily community located in the heart of Henderson, Nevada, less than seventeen miles from the world-famous Las Vegas Strip.
Built in 1963, the property is situated on approximately 2.11 acres and features all 2-bedroom, 1-bathroom units approximately 980 sf each with updated finishes, offering investors an attractive blend of stable in-place
income and continued value-add potential through additional interior upgrades.
Operational efficiency is supported by two on-site laundry rooms under a
profitable contract, providing consistent ancillary
income with no capital expenditures required.
Built in 1963, the property is situated on approximately 2.11 acres and features all 2-bedroom, 1-bathroom units approximately 980 sf each with updated finishes, offering investors an attractive blend of stable in-place
income and continued value-add potential through additional interior upgrades.
Operational efficiency is supported by two on-site laundry rooms under a
profitable contract, providing consistent ancillary
income with no capital expenditures required.
DATA ROOM Click Here to Access
- Title and Insurance
PROPERTY FACTS
| Price | $16,611,448 CAD | Building Class | C |
| Price Per Unit | $244,286 CAD | Lot Size | 2.11 AC |
| Sale Type | Investment | Building Size | 49,780 SF |
| No. Units | 68 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1963/2017 |
| Property Subtype | Apartment | Parking Ratio | 1.47/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | RH-24, Henderson - Residential High Density | ||
| Price | $16,611,448 CAD |
| Price Per Unit | $244,286 CAD |
| Sale Type | Investment |
| No. Units | 68 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.11 AC |
| Building Size | 49,780 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2017 |
| Parking Ratio | 1.47/1,000 SF |
| Zoning | RH-24, Henderson - Residential High Density |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Kitchen
- Refrigerator
- Range
SITE AMENITIES
- Courtyard
- Laundry Facilities
- Picnic Area
- Property Manager on Site
- Grill
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 68 | - | 980 |
PROPERTY TAXES
| Parcel Number | 179-17-511-049 | Improvements Assessment | $720,968 CAD |
| Land Assessment | $535,142 CAD | Total Assessment | $1,256,110 CAD |
PROPERTY TAXES
Parcel Number
179-17-511-049
Land Assessment
$535,142 CAD
Improvements Assessment
$720,968 CAD
Total Assessment
$1,256,110 CAD
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Mulberry Park Apartments | 730 Center St
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