For Sale, USD 799,999
1920 Lirio Way, Las Vegas NV 89108, Las Vegas, Nevada, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 3,892 ft² / 362 m²
Land Size : N/A
Bedroom : 0
Bathroom : 0
Half Bathroom : 0
MLS#: N/A
Property Description
Fully occupied and professionally managed, this turnkey fourplex in Northwest Las Vegas offers four spacious 2-bed, 2-bath units, each with in-unit laundry, fireplaces, and private storage. The property currently generates $6,005 in monthly rental income, with upside potential to $6,600/month through market rent adjustments, increasing the CAP rate from 6.92% to 7.32%. Built in 1984 and requiring minimal updates, this is a low-maintenance, high-demand asset positioned for value optimization. Located near Summerlin, tenants benefit from convenient access to shopping, dining, entertainment, and major transit routes. With strong cash flow and long-term appreciation potential, this is a rare opportunity in one of Las Vegas's most stable rental corridors.
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1920 Lirio Way, Las Vegas NV 89108, United States,Nevada,Las Vegas is a 3,892ft² Las Vegas luxury Multi-Family Home listed for sale USD 799,999. This high end Las Vegas Multi-Family Home is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Las Vegas or search for luxury properties for sale in Las Vegas.