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230 S Maryland Pkwy
Las Vegas, NV 89101 Downtown Las Vegas

$4,140,000 USD

Apartments For Sale  •  18,720 SF

Property Details

  • Property Type Apartments
  • Total Building Size 18,720 SF
  • Lot Size 0.49 AC
  • Building Class C
  • Year Built 1984
  • Cap Rate 5.21 %
  • Zoning R5
60 Transit Score
80 Walk Score

Highlights

Downtown Las Vegas Connectivity: The Dwellings benefits from a central Downtown Las Vegas location near major employment, entertainment, and cultural
Renovated Unit Interiors: The property features upgraded one-bedroom floor plans with modern finishes designed to appeal to today’s renters.
Strong Rental Upside: Current rents remain below surrounding renovated comparable properties within the Downtown Las Vegas corridor.
Regional Infrastructure Access: The Dwellings stands to benefit from the Maryland Parkway Bus Rapid Transit project connecting Downtown Las Vegas, the

Financial Summary (Actual)

Net Operating Income: $215,537 USD (2026)
Cap Rate: 5.21 %
Total Expenses: $148,817 USD

Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Courtyard
  • Dishwasher
  • Laundry Facilities
  • Picnic Area
  • Heating
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Oven
  • Tub/Shower
  • Public Transportation
  • Key Fob Entry
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Harry Reid International 13 min - 6.5 mi
Boulder City Municipal 33 min - 24.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 28
Type: Surface
Included in Rent: Yes
Drew Holden 949-230-8342 Marcus & Millichap
Drew Holden 949-230-8342 Marcus & Millichap