3017-3021 E Carey Ave
Exclusive Offering · North Las Vegas

3017-3021E Carey Ave

Value-add 12-unit multifamily in North Las Vegas — two buildings on one R-4 parcel, offered at $890,000 ($74,167 per unit). 3017-3021 E Carey Ave, North Las Vegas, NV 89030.

Asking Price

$890,000

Units

12

Price / Unit

$74,167

Cap Rate

4.6% / 7.5%

Parcel

0.30 AC

Built

1978

Financial Snapshot

Full underwriting unlocks in the document vault.

Asking Price

$890,000

Price / Unit

$74,167

Price / SF

$177.72

Units

12

Cap Rate

4.6% / 7.5%

Pro Forma (Year 1 Stabilized)

Average Rent

$780

NOI

$41,170

Pro Forma (Year 1 Stabilized)

Operating Expenses

$49,771

Pro Forma (Year 1 Stabilized)

Gross Income

$90,941

Pro Forma (Year 1 Stabilized)

Value-add income in a North Las Vegas workforce-housing corridor.

A 12-unit offering — four studios and eight one-bedroom units across two 1978 two-story buildings on a single 0.30-acre R-4 parcel. Rents sit below comps, with clear upside in collections and expense savings.

01

Two Buildings, One Parcel

12 units in two two-story buildings on a single 0.30-acre R-4 parcel — both buildings sell together.

02

Upside in Collections

Economic occupancy is 80% on the T-12. The pro forma assumes 90%, adding about $14K of rent.

03

Expense Savings Identified

An insurance re-bid (~$6K/yr) and stabilized management and turnover (~$9K/yr).

04

North Las Vegas

Established workforce-housing corridor near NLV City Hall, CSN Cheyenne, and North Vista Hospital.

Location

North Las Vegas workforce-housing corridor at E Carey Ave & Belmont St.

North Las Vegas City Hall0.8 mi
CSN Cheyenne Campus1.0 mi
North Vista Hospital1.1 mi
Fremont Street3.0 mi
Nellis AFB (main gate)4.5 mi
Harry Reid Intl. Airport8.3 mi
Straight-line distances from the property.

31,602

Population · 1 mi

9,099

Households · 1 mi

$1,163

Median gross rent · 1 mi

Source: U.S. Census ACS 2020–2024.

The Vault

Sign the Confidentiality Agreement to unlock the full offering package.

3017-3021 E Carey Ave is a value-add 12-unit offering in North Las Vegas. As-Is NOI is $41,170 (4.6% cap); projected Pro Forma NOI is $66,513 (7.5% cap). Full underwriting is part of the confidential offering package.

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The Vault

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Sign the Confidentiality Agreement to unlock the confidential 3017-3021 E Carey Ave package — rent roll, T-12, pro forma, and more.

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T-12 3017 E CareyT-12 3021 E CareyRent Roll
Confidentiality Agreement

All materials and information received or derived from Simply Vegas Commercial its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party's intended use or any and all other matters. Neither Simply Vegas Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party's active conduct of its own due diligence to determine these and other matters of significance to such party. Simply Vegas Commercial will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Simply Vegas Commercial makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Simply Vegas Commercial does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by Simply Vegas Commercial in compliance with all applicable fair housing and equal opportunity laws.

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Exclusively Represented By

Paul Macaluso

President of Multifamily Investments · Simply Vegas Commercial · NV #BS0145166.LLC

3042 S Durango Dr, Las Vegas, NV 89117

Paul Macaluso, President of Multifamily Investments, Simply Vegas Commercial

© 2026 Simply Vegas Commercial · Information deemed reliable but not guaranteed. Buyers should conduct their own independent investigation. Pro forma figures are projections. NV #BS0145166.LLC.