Nolana Apartments | 901-903 E Bridger Ave
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Nolana Apartments 901-903 E Bridger Ave
10 Unit Apartment Building $1,921,374 CAD ($192,137 CAD/Unit) Las Vegas, NV 89101
Investment Highlights
- Walking distance to abundant downtown lifestyle.
- Courtyard with dining area, BBQ, security cameras, mature landscaping.
- Fully-fenced with coded entry access gates.
- Stainless steel appliances, upgraded cabinets, granite countertops and updated flooring in each unit.
Executive Summary
The Nolana Apartments consists of (2) studio units, (6) one bedroom/one bathroom units and (2) two bedroom/one bathroom units. The property sits on .32 acres in the heart of downtown Las Vegas. Nolana offers residents a quiet, secluded living environment within walking distance to over 100 restaurants, bars and coffee shops in the East Fremont and DTLV District.
The property features a modern-retro resident experience boasting heritage-rich features with tastefully updated units. The asset was fortunate enough to receive a professionally branded, community-themed experience f rom the late visionary Tony Hsieh and DTP Companies (fka Downtown Project). The perimeter of the community is fully-fenced with coded entry access gates creating an off-street oasis for its residents. The interior courtyard portrays a well-manicured common area with dining area, BBQ, security cameras, onsite laundry and mature landscaping with over-flowing fruit trees. Each of the apartments is equipped with stainless steel appliances, upgraded cabinets, granite counters and updated flooring carefully designed to offer a detail-orientated living experience.
Positioned off an access street for the Las Vegas Academy of the Arts and East Bridger, Nolana is conveniently close to all the abundant lifestyle Downtown Las Vegas living has to offer. With quick access to the I-15 and US-95, these renovated apartments are ideal for both personal and professional lifestyles. The Downtown Las Vegas corridor has now become a sustainable, modern, and urban city environment. This eye-catching complex is one of the pioneers of the Downtown revival, offering opportunity to any investor seeking to break into one of the few, still active, redevelopment and growth focused sectors of Las Vegas.
The property features a modern-retro resident experience boasting heritage-rich features with tastefully updated units. The asset was fortunate enough to receive a professionally branded, community-themed experience f rom the late visionary Tony Hsieh and DTP Companies (fka Downtown Project). The perimeter of the community is fully-fenced with coded entry access gates creating an off-street oasis for its residents. The interior courtyard portrays a well-manicured common area with dining area, BBQ, security cameras, onsite laundry and mature landscaping with over-flowing fruit trees. Each of the apartments is equipped with stainless steel appliances, upgraded cabinets, granite counters and updated flooring carefully designed to offer a detail-orientated living experience.
Positioned off an access street for the Las Vegas Academy of the Arts and East Bridger, Nolana is conveniently close to all the abundant lifestyle Downtown Las Vegas living has to offer. With quick access to the I-15 and US-95, these renovated apartments are ideal for both personal and professional lifestyles. The Downtown Las Vegas corridor has now become a sustainable, modern, and urban city environment. This eye-catching complex is one of the pioneers of the Downtown revival, offering opportunity to any investor seeking to break into one of the few, still active, redevelopment and growth focused sectors of Las Vegas.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | $99,999 | $9.99 |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Pro forma - 2024) Click Here to Access
Gross Rental Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | $1,921,374 CAD | Building Class | C |
Price Per Unit | $192,137 CAD | Lot Size | 0.32 AC |
Sale Type | Investment | Building Size | 5,066 SF |
No. Units | 10 | No. Stories | 1 |
Property Type | Multifamily | Year Built/Renovated | 1940/2014 |
Property Subtype | Apartment | Opportunity Zone |
Yes
|
Apartment Style | Garden |
Price | $1,921,374 CAD |
Price Per Unit | $192,137 CAD |
Sale Type | Investment |
No. Units | 10 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 0.32 AC |
Building Size | 5,066 SF |
No. Stories | 1 |
Year Built/Renovated | 1940/2014 |
Opportunity Zone |
Yes |
Unit Amenities
- Heating
- Kitchen
- Range
Site Amenities
- Courtyard
- Fenced Lot
- Laundry Facilities
- Picnic Area
- Gated
- Grill
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 6 | $1,422 CAD | 503 - 550 |
2+1 | 2 | $1,779 CAD | 705 |
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Walk Score ®
Walker's Paradise (92)
PROPERTY TAXES
Parcel Numbers | Total Assessment | $268,607 CAD | |
Land Assessment | $128,519 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
Improvements Assessment | $140,088 CAD | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$128,519 CAD
Improvements Assessment
$140,088 CAD
Total Assessment
$268,607 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024 Payable 2024
zoning
Zoning Code | R-4, Las Vegas |
R-4, Las Vegas |
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Nolana Apartments | 901-903 E Bridger Ave
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