Listed by Catherine Hyde of Simply Vegas ((702) 408-2289)
2252 Ellis is an exceptional value-add investment opportunity with a current 6.0% cap rate and an estimated 8.5% pro forma cap rate, offering immediate cash flow and strong upside potential. Major capital improvements include a new roof (2020), 100-gallon water heater (2023), gas line replacement (2024), and owned coin-operated laundry (2025). Each unit features remodeled kitchens, upgraded plumbing, regularly serviced A/C units, and energy-efficient double-pane windows. Tenants have access to private exterior storage, a large shared storage building, and an on-site community laundry room. Conveniently located near Carey Ave. and Mojave Rd., within walking distance of the North Las Vegas Police Department and Fire Station, this well-maintained property is positioned for both stable returns and future appreciation.

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Based on information submitted to GLVAR as of July 28, 2026 12:10 PM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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