Property Description

Build a 4-unit development in the heart of downtown with strong proven rental demand. A prime .16-acre parcel in North Las Vegas offers a perfect investment opportunity with land priced at $250.000. The sale includes completed architectural plans, a general plan amendment with approved zone change, and a soils report with favorable results for residential development. All utilities are available on the property line. The project plans a four-unit build, each unit designed as a 2-bedroom, 2-bathroom layout at approximately 850 square feet. The estimated total development cost is $995,000, with completion possible within 12 months. Buyer purchases land first, with the option to build the project through the existing developer. Located minutes from downtown and the Las Vegas Strip. The owner may carry a loan on the LAND only, subject to the terms of the offer. Contact the listing agent for additional details.

Property Features

Local Schools