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718 W Wilson Ave
Las Vegas, NV 89106
Immeuble residentiel Propriété À vendre
·
4 Unités
Certaines informations ont été traduites automatiquement.
FAITS SAILLANTS DE L'INVESTISSEMENT
- New wrought-iron perimeter fencing with secured coded gates
- Updated Plumbing & Maintenance upgrades
- Strong in-place income with upside potential through future appreciation
- New AC systems for all units
- Cleared and improved landscaping, including fencing of adjacent lot to enhance security and property appeal
- Fully occupied with long-term tenants paying rents ~30% above market
RÉSUMÉ DE L'ANNONCE
Property Description
718 W Wilson consists of four well-appointed 1-bedroom, 1-bathroom units located in the Historic Westside of Las Vegas, a neighborhood on the rise, blending historic charm with modern revitalization. This rare, stabilized 4-unit multifamily asset located in a federally designated Opportunity Zone — offering investors immediate cash flow and potential long-term tax advantages. Each 1BR/1BA unit has been completely renovated within the past two years, featuring updated interiors, modern kitchens and baths, new flooring, and upgraded fixtures.
INVESTMENT HIGHLIGHTS
Fully occupied with long-term tenants paying rents ~30% above market
Turnkey condition – minimal deferred maintenance
Located in a Qualified Opportunity Zone, eligible for significant federal tax incentives
Strong in-place income with upside potential through future appreciation
Situated near Downtown Las Vegas, the Arts District, major employers, and public transit
Low vacancy risk and strong rental demand in a rapidly improving area
INVESTMENT SUMMARY
This is a high-performing, low-maintenance asset ideal for 1031 exchange buyers, portfolio investors, or opportunity fund acquisitions seeking immediate returns and long-term growth. With stable tenants, recent renovations, and prime positioning in a revitalizing Las Vegas corridor, 718 W Wilson Ave offers the perfect blend of yield and future upside.
Location Description
The Historic Westside is a neighborhood on the rise, blending historic charm with modern revitalization. With its proximity to the Strip’s entertainment, dining, and nightlife, plus the potential for future growth in an Opportunity Zone, this fourplex is a savvy investment or an ideal home base for those seeking the Las Vegas lifestyle. Whether you’re looking to generate steady rental income or live in one unit while renting the others, 718 W. Wilson Ave delivers value, comfort, and opportunity.
Highlights
New wrought-iron perimeter fencing with secured coded gates
Updated Plumbing & Maintenance upgrades
New AC systems for all units
Cleared and improved landscaping, including fencing of adjacent lot to enhance security and property appeal
Interior Renovations
Granite Counter Tops
New Vanity and Showers in Bathrooms
New Vinyl Flooring
Refrigerator and Stove Included
Professionally Managed
Above Average Rents
Program Tenants
Two Storage Units on Site
718 W Wilson consists of four well-appointed 1-bedroom, 1-bathroom units located in the Historic Westside of Las Vegas, a neighborhood on the rise, blending historic charm with modern revitalization. This rare, stabilized 4-unit multifamily asset located in a federally designated Opportunity Zone — offering investors immediate cash flow and potential long-term tax advantages. Each 1BR/1BA unit has been completely renovated within the past two years, featuring updated interiors, modern kitchens and baths, new flooring, and upgraded fixtures.
INVESTMENT HIGHLIGHTS
Fully occupied with long-term tenants paying rents ~30% above market
Turnkey condition – minimal deferred maintenance
Located in a Qualified Opportunity Zone, eligible for significant federal tax incentives
Strong in-place income with upside potential through future appreciation
Situated near Downtown Las Vegas, the Arts District, major employers, and public transit
Low vacancy risk and strong rental demand in a rapidly improving area
INVESTMENT SUMMARY
This is a high-performing, low-maintenance asset ideal for 1031 exchange buyers, portfolio investors, or opportunity fund acquisitions seeking immediate returns and long-term growth. With stable tenants, recent renovations, and prime positioning in a revitalizing Las Vegas corridor, 718 W Wilson Ave offers the perfect blend of yield and future upside.
Location Description
The Historic Westside is a neighborhood on the rise, blending historic charm with modern revitalization. With its proximity to the Strip’s entertainment, dining, and nightlife, plus the potential for future growth in an Opportunity Zone, this fourplex is a savvy investment or an ideal home base for those seeking the Las Vegas lifestyle. Whether you’re looking to generate steady rental income or live in one unit while renting the others, 718 W. Wilson Ave delivers value, comfort, and opportunity.
Highlights
New wrought-iron perimeter fencing with secured coded gates
Updated Plumbing & Maintenance upgrades
New AC systems for all units
Cleared and improved landscaping, including fencing of adjacent lot to enhance security and property appeal
Interior Renovations
Granite Counter Tops
New Vanity and Showers in Bathrooms
New Vinyl Flooring
Refrigerator and Stove Included
Professionally Managed
Above Average Rents
Program Tenants
Two Storage Units on Site
FAITS SUR LA PROPRIÉTÉ
| Prix par unité | 206 189 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,16 AC |
| Taux de capitalisation | 7,54% | Taille du bâtiment | 2 300 pi² |
| Nombre d’unités | 4 | Occupation moyenne | 100% |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 1 |
| Sous-type de propriété | Appartement | Année de construction | 1963 |
| Style d’appartement | De faible hauteur | Zone de développement économique |
Oui
|
| Zonage | T4-N | ||
| Prix par unité | 206 189 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 7,54% |
| Nombre d’unités | 4 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,16 AC |
| Taille du bâtiment | 2 300 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 1 |
| Année de construction | 1963 |
| Zone de développement économique |
Oui |
| Zonage | T4-N |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Climatisation
- Prêt pour le câble
- Traitement des déchets
- Cuisine avec coin repas
- Cuisine
- Comptoirs de granit
- Salle à manger
- Plancher de vinyle
- Accessible aux fauteuils roulants (chambres)
COMMODITÉS DU SITE
- Terrain clôturé
- Collecte d'ordures - sur rue
- Espace d'entreposage
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 1+1 | 4 | - | - |
Impôts fonciers
| Numéro de lot | 139-27-310-059 | Évaluation des bâtiments | 32 253 $ CAD |
| Évaluation du terrain | 54 289 $ CAD | Évaluation totale | 86 543 $ CAD |
Impôts fonciers
Numéro de lot
139-27-310-059
Évaluation du terrain
54 289 $ CAD
Évaluation des bâtiments
32 253 $ CAD
Évaluation totale
86 543 $ CAD
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