Desert Aire Apartments
Two-Story Garden-Style Construction
Spacious 2- and 3-Bedroom Units
Strong Occupancy and Proven Rental Demand
Significant Value-Add and Rent Growth Potential
Located in One of the Fastest-Growing Metro Economies in the U.S.
Walking Distance to the Convention Center and a Short Drive to the Strip
Property Description
The Mogharebi Group is pleased to present the Desert Aire Apartments, a well-maintained
apartment community ideally located just minutes from the world-famous Las Vegas Strip
and the Las Vegas Convention Center. Spanning four parcels with four two-story buildings,
this rare offering combines strong in-place performance with exceptional long-term upside
in one of the nation’s most dynamic and resilient rental markets. The property’s proximity to
major employment centers, world-class entertainment, and ongoing redevelopment activity
makes it an attractive investment opportunity for both private and institutional investors.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $4,640,000 |
| No. of Units: | 32 |
| Year Built: | 1963 |
| Building Size: | 34,074 Sq ft |
| Lot Size: | 0.87 Acres |
| No. of Stories: | 2 |
| Opportunity Zone: | No |
| Price per unit: | $145,000 |
| Parking Spaces: | 24 |
| Property Website | Click Here |
Additional contacts
| Full name | Phone number | Email address |
|---|---|---|
| Bill Ketcham | (702) 763-2881 | [email protected] |
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