Fully rented fourplex with significant value-add opportunity. Current rents are substantially below market — presenting an immediate rent gap opportunity for a buyer who understands how to close the gap at turnover. No HOA restrictions. Ideal entry-level 1031 exchange replacement property or first commercial real estate acquisition for an owner-operator.
Rents are currently below market. Closing the rent gap at turnover could significantly increase both cash flow and property value. Use the rent gap calculator to model the upside.
Request full financials — Fourplex
A strong-yielding 41-unit apartment community with a 7.41% cap rate — significantly above the Las Vegas multifamily average of 5.4%. Pool amenity, established tenant base, and proven cash flow. At $125,610 per unit this represents excellent value in the current market. Ideal 1031 exchange replacement property for a California investor seeking immediate yield above market average.
At 7.41% this property yields 1.81 percentage points above the Las Vegas multifamily average. On $5.15M that difference represents approximately $93,000 in additional annual income versus a market-rate acquisition.
Request full financials — 41-Unit
Terravita is a 100-unit condo-style multifamily community offering six unique one- and two-bedroom floor plans. Located just 5 minutes from the main gate at Nellis Air Force Base and the Las Vegas Motor Speedway — providing strong, consistent rental demand from military personnel and employees. An institutional-grade asset suitable for sophisticated 1031 exchange investors exchanging out of larger California commercial or multifamily assets.
Full financial details — NOI, cap rate, rent roll, and cash flow — are available to verified qualified investors only. Contact Jason to receive the complete offering memorandum and confirm this property fits your exchange timeline and equity requirements.
Request offering memorandum — Terravita 100-Unit
Additional off-market properties available
Jason has additional Las Vegas multifamily properties available off-market for qualified 1031 exchange investors — properties that never appear on LoopNet, CoStar, or MLS. These range from fourplexes to larger apartment communities across all Las Vegas submarkets. Contact Jason directly at 702-863-6001 to discuss your exchange requirements and access the full off-market inventory.
