2201 James Bilbray is a Class A fourplex investment in northwest Las Vegas near Summerlin. Built in 1998, it offers four 2-bed/2-bath units (960 SF each) with in-unit laundry, living rooms, and dining areas. The property is fully occupied, with tenant-paid power/gas and HOA-covered water, trash, and sewer. The community features palm-lined streets, stucco homes, and a community pool with water features. Ideally located minutes from Whole Foods, Boca Park, and Mountain View Hospital, it combines tenant convenience with strong rental demand. With a 5.6% proforma cap rate, this turnkey asset provides stability and upside in one of Las Vegass most sought-after submarkets.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 8
- Full Bathrooms: 8
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: Central Furnace
- Heating Fuel: Electric
Land Info
- Lot Size Acres: 0.023
- Lot Size Square Feet: 1002
Other Property Info
- Annual Tax Amount: 3038
- Source Listing Status: Active
- County: Clark
- Directions: From E Summerlin Pkwy and Buffalo, travel E and exit onto Lake Mead, left on James Bilbray, left on Balzar, right on Wilma, and approach Building 10 to find 2201 James Bilbray Dr.
- Source Property Type: Residential
- Property Subtype: townhouse
- Source Neighborhood: Rock Spgs Vista Unit #11
- Parcel Number: 138-23-124-071
- Subdivision: Rock Spgs Vista Unit #11
- Property Subtype: Single Family Attached
- Source System Name: C2C
Building and Construction
- Year Built: 1998
- Building Exterior Type: Stucco, Wood
- Property Age: 27
- Roof: Tile
- Structure Type: Multi Family
- House Style: Fourplex