525 E. St. Louis Avenue
Las Vegas, Nevada
CAP RATE: 7.98%
SF: 92 Units
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- Strong Cap Rate – 7.98% on Trailing 12 Net Operating Income
- Major Employment Centers – Renters are steps away from over 5,000 casino jobs including the Stratosphere (est. 2,100 employees), Lucky Dragon (est. 800 employees) and SLS (est. 2,100 employees) Casino’s
- Accessibility – Twelve (12) bus stops are located within one block of the property along with a Monorail connection and Interstate I-15
- Family Sized Units – 985 SF Units (2BD/2BA) which are 32% larger than the average 673 SF units in comparable surrounding properties
Contact an agent:
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The Investment Services Group is pleased to offer an exceptional opportunity to purchase a four-story multifamily property in the heart of Las Vegas just off the Las Vegas Strip. The property is located at the northeast corner of Paradise Road and E. St. Louis Avenue, having the civic address of 525 E. St. Louis Avenue, Las Vegas, Nevada 89104. The property offers flexible options for its tenants and is the perfect investment to take advantage of both new and existing amenities.