316-322 N 14th St
- 100% Occupied with Proven Tenant Demand
- Boutique 10-Unit Property Built for Simplicity and Control
- Clean, Predictable Cash Flow Without Operational Complexity
- A Fully Stabilized Downtown Asset You Can Hold with Confidence
Property Description
The Perch presents a compelling opportunity to acquire a fully renovated, stabilized multifamily asset in the heart of Downtown Las Vegas—an area that continues to attract capital, residents, and long-term investment interest. The property consists of 10 residential units and is 100% occupied, reflecting consistent tenant demand and durable in-place performance. Comprehensive renovations have already been completed, allowing new ownership to step into a clean, modernized asset without the burden of deferred maintenance or near-term capital expenditures. This boutique-scale investment offers an ideal balance of operational simplicity and predictable cash flow. Its manageable size allows for efficient ownership while still benefiting from the core fundamentals that drive long-term multifamily performance: strong location, modern condition, and sustained rental demand. Positioned within an active downtown corridor, The Perch benefits from close proximity to employment centers, entertainment districts, public transportation, and ongoing redevelopment initiatives. As Downtown Las Vegas continues its evolution into a true live-work-play environment, assets of this quality and scale remain increasingly difficult to replicate. The Perch is well suited for investors seeking a long-term hold with reliable income, minimal operational friction, and exposure to one of Las Vegas’s most resilient and improving rental submarkets. This is a thoughtfully executed asset designed to deliver stability today while positioning ownership for continued relevance and appreciation over time.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $2,120,000 |
| No. of Units: | 10 |
| Year Built: | 1953 |
| Lot Size: | 0.42 Acres |
| Opportunity Zone: | No |
| Price per unit: | $212,000 |
| Property Website | Click Here |
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