MULTI FAMILY! 150k Per Acre! R-3 Zoning! Up to 25 Units per acre! 8.25+/- Acres!
Close Proximity to I-215 and Decatur!
North Las Vegas, NV 89031


Sold $1,237,500.00
Status Sold: 12/17/2014
Susan Hunt-Krygiell702-768-1926

Property Overview

List Price$1,237,500.00
Sale Price$1,237,500.00
Land SF/$ Per359,370 / $3.44
Acres/$ Per8.25 / $150,000.00
Property UseAny
ZoningR-3
Parcel Number124-30-802-022
T, R, S19, 61, 30
Land Size8.250 acres
Building SF-
# of Buildings-
# of Units-
# of Stories-
Cap Rate-
Vacancy-

Property Description

Hard Zoned R- 3, allows up to 25 units per acre. Great Location! Infill piece surrounded by residential, office condo and retail development. Close to shopping, schools and public transportation. Site plan was previously approved by the City of North Las Vegas for 170 units.
All utilities are at or very near the site.

Area Description

Great Location! Infill piece surrounded by residential, office condo and retail development. Hard Zoned R- 3, allows up to 25 units per acre. Close to shopping, schools and public transportation. Site plan was previously approved by the City of North Las Vegas for 170 units.

Property Features

  1. Only 150K Per Acre!! Apartment Land is in Demand!
  2. R-3 Zoning allows up to 25 Units per acre
  3. Close to Schools and Shopping
  4. Close to I-215
  5. Infill Property
  6. Previous site plan approved for 170 Units of Apartments
  7. Seller will cooperate with Zone Change to Single Family zoning

Attachments

Financial Overview

Tenant Information

General Property Information

Listing User

Susan Hunt-Krygiell Realty Executives - Of Nevada
702-768-1926