16 Unit Fourplex Multifamily Portfolio — Sale in Las Vegas, NV
- Price: $3.2M
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Las Vegas, NV 89115
- Size: 15,776 SF
Photos
Investment Figures
- Cap rate
- 6.16%
- Price per square foot
- $203
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Building SF: 15776 | Listing Type: FOR SALE
Market Context
This multifamily in Las Vegas, NV is listed for sale at $3,199,996 across 15,776 SF. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Las Vegas, NV — view the full market.
As of Q1 2026, the Las Vegas multifamily market showed a 10.4% vacancy rate, average asking rents near $1455.50/unit/mo, and cap rates around 5.5%. Source: multiple brokerage reports, Q1 2026.
Its 6.2% asking cap rate is above the Las Vegas multifamily market average of about 5.5%, implying a higher yield (and typically more risk or upside) than comparable assets.
Multifamily market FAQ
- What is the typical cap rate for multifamily in Las Vegas?
- About 5.5% as of Q1 2026, per multiple brokerage reports.
- Is the Las Vegas multifamily market tightening or softening?
- Vacancy is around 10.4% (Q1 2026).
First seen on CREHunt: Sep 23, 2026
Contact
- Blake Leavitt — KW Commercial | Las Vegas NW | Blake Leavitt · +17028098387 · blake@blakemultifamily.com
- Blake Leavitt · +17028098387 · blake@blakemultifamily.com
Explore this market
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