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2201 James Bilbray Dr
Las Vegas, NV 89108 Michael Way

$830,000 USD

Apartments For Sale  •  3,976 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,976 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1998
  • Zoning R-PD15
41 Transit Score
69 Walk Score

Highlights

Turnkey Asset – Built in 1998 and well-maintained, minimizing upfront capital expenditure.
Premier Location – Situated in Northwest Las Vegas near Summerlin, one of the valley’s most desirable and high-growth submarkets.
Attractive Returns – Proforma cap rate of 5.74%, offering both solid yield and potential upside.
Strong Unit Mix – Four spacious 2-bed/2-bath units, each 960 sq. ft., with in-unit washer/dryer for tenant convenience.
Community Amenities – Residents benefit from access to a pool with water features, enhancing retention and rental demand.
Low Management Burden – HOA covers water, trash, and sewer, simplifying operations and reducing owner responsibility.

Property Flyers

Amenities

  • Pool
  • Spa
  • Storage Space
  • Washer/Dryer
  • Family Room
  • Patio

Public Transportation

AirportDriveWalkDistance
Harry Reid International 56 min - 21.6 mi
Boulder City Municipal 44 min - 34.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Covered
Included in Rent: Yes
Catherine Hyde 702-408-2289 Hyde Real Estate Group at Simply Vegas
Catherine Hyde 702-408-2289 Hyde Real Estate Group at Simply Vegas