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718 W Wilson Ave is a well-maintained, garden-style fourplex in the Historic Westside, part of the Vision 2045 Downtown Las Vegas Master Plan and a designated Opportunity Zone. This single-story property has new windows, a water heater, and central AC units, plus a gated courtyard for added privacy. Located near downtown Las Vegas with easy freeway access, the property has long-term tenants and low operating expenses, generating $52, 152 in annual rent: • Unit 1: $1, 000/mo – Lease through 10/31/24 • Unit 2: $1, 476/mo – Lease through 11/30/25 • Unit 3: $995/mo – Lease through 1/31/25 • Unit 4: $875/mo – Lease through 11/30/24 Additional income potential exists from laundry, storage leasing, and RUBs. Property taxes are only $918 per year. Asking price: $585, 000 with a 7% actual CAP rate. Contact us for the Offering Memorandum and Rent Roll.
Low Cost Financing Available
only takes about 60 seconds & will not affect your credit
718 W Wilson Ave is a well-maintained, garden-style fourplex in the Historic Westside, part of the Vision 2045 Downtown Las Vegas Master Plan and a designated Opportunity Zone. This single-story property has new windows, a water heater, and central AC units, plus a gated courtyard for added privacy. Located near downtown Las Vegas with easy freeway access, the property has long-term tenants and low operating expenses, generating $52, 152 in annual rent: • Unit 1: $1, 000/mo – Lease through 10/31/24 • Unit 2: $1, 476/mo – Lease through 11/30/25 • Unit 3: $995/mo – Lease through 1/31/25 • Unit 4: $875/mo – Lease through 11/30/24 Additional income potential exists from laundry, storage leasing, and RUBs. Property taxes are only $918 per year. Asking price: $585, 000 with a 7% actual CAP rate. Contact us for the Offering Memorandum and Rent Roll.
Directions to 718 W Wilson Ave: From downtown Las Vegas head north east on City Parkway towards W. Carson Ave. Turn left onto W. Bonanza Rd. Turn right onto H St. Turn right onto W. Wilson Ave.
Low Cost Financing Available
only takes about 60 seconds & will not affect your credit
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Call: (702) 832-0229 | Fax: (702) 832-0109
2831 St Rose Pkwy, Suite 100, Henderson, NV 89052
Realty One Team
License #S.0174139 | B.0143673
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