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$2,500,000
24
Beds
12
Baths
10,800
Sqft
100 E 1st S St, Mesquite, Nevada, 89027
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MLS# 1127401
12 Units. New. Right near city center, behind the Mesquite City
$2,500,000
100 E 1st S St, Mesquite, Nevada, 89027
24
Beds
12
Baths
10,800
Sqft
0.730
Acres
$2,500,000
100 E 1st S St, Mesquite, Nevada, 89027
24 Beds
12 Baths
10,800 Sqft
0.730 Acres
Accessibility Features
Accessible Approach with Ramp
12 Units. New. Right near city center, behind the Mesquite City offices. Walking distance to everything. All 12 units are 2 Br. 1, Ba, 900 sf with mountain views to the south and ample parking. New, neat, clean, fully occupied. Only 1.7% vacancy factor in 2025. At list price, after ALL expenses 4.9% NET NET cap rate. Rents currently running $1150 per month. Room for reasonable, slow increases. Could self manage at expiration of current management agreement with ERA Brokers and bump that net cap rate by 1-2%. Or, if it's not broken, keep it simple and keep existing management. 100% occupancy and no headaches is a good thing! Appraised in 2025 for $2.7million. Lots of parking, and off the main streets for a quieter location than many. Still room to improve it more. Picture adding security gates, carports, or a pool area or other recreational amenities. Incredible investment opportunity! Please do not disturb tenants.
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Property Details
24 Beds
12 Baths
10,800 Sqft
Built 2024
0.730 Acres
No Patio
Central, Electric (Heating), Forced Air, Heat Pump (Heating)
Tile Roof
$14,126 Property Tax
(No Subdivision) Community
Clark County
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Location
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Ad Statistics
Ad Number
7290094
Viewed
36 times
Added
Feb 18, 2026
Updated on
Feb 18, 2026
Listing Information
Data Source
Mesquite Real Estate Association
Source Property ID
1127401
Compliance
Listing Agent: E. Shaun Caldwell, Prime Properties Mesquite, 702-701-3326, 702-701-3326, Listing Status: Active
Copyright © 2025 Mesquite Real Estate Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2025 Mesquite Real Estate Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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