Are you willing to invest in A and B-class Las Vegas Investment Properties? Our rapidly growing city is one of the hottest real estate markets on the West Coast. But the question always is: Where are the best areas to invest for long-term, high-quality tenants?
Scroll down to view (9) nine examples of class A and class B investment properties across the valley.
- ‘Think “Game of Thrones” ’: Scale of Summerlin Studios’ projects comes into focus: Sony Pictures Entertainment and Warner Bros. Discovery are expected to lure A-list actors and directors — talent who won’t travel to other cities — to work in Las Vegas on major movies and “large-scale HBO-type productions.”
- Hollywood 2.0: New Las Vegas Studio Project Targets A-List Talent and HBO-Scale Shows: What Warner Bros. & Sony’s Film Studio Expansions Mean for Nevada and Summerlin Real Estate Investors
- Hedge Funds and Tech Firms Eye Nevada for Corporate Relocation Several hedge funds and tech companies, like Dropbox, are planning to reincorporate in Nevada, seeking to take advantage of the state’s favorable tax policies and business-friendly environment. Nevada’s appeal as a destination for corporate relocation is growing, with its tax incentives and legal framework offering significant advantages over other states. This trend highlights Nevada’s increasing role as a hub for business growth and innovation
- What is Las Vegas Spaceport project? Tourists would be able to purchase fighter jet rides that simulate “high Gs” and simulate space travel for $6,500 as well as zero-gravity parabolic flights for $9,000.
- Acquisition of Nevada’s Largest Paper Manufacturer Bolsters Las Vegas Economy: Sofidel, an Italian company, acquired Nevada’s largest paper manufacturer for $1.06 billion, which marks a significant investment in the Las Vegas economy. The deal highlights Southern Nevada’s appeal as a hub for industrial growth.
- 99% of the water used inside casinos and homes is recycled
- Plans unveiled for long-awaited art museum in Las Vegas
- Site of Future Stand-Alone Comprehensive Children’s Hospital In Las Vegas
- Twin towers proposal south of Fontainebleau wins county approval (North Strip development
- Clark County Population Expected to Reach 3 Million by 2042 (currently 2.41 million
- NBA commissioner says Las Vegas “definitely on our list” of expansion cities
- MLB owners approve A’s move from Oakland to Las Vegas, with a new ballpark to open in 2028
- US DOT approved $2.5B in bonds for Brightline West rail project
- Biotech Industry Growing in Las Vegas
- New Haas Automation facility to start construction this fall in West Henderson : In the first two years of operation, Haas Automation plans to hire 500 workers at its 2.4 million-square-foot facility at 2055 Via Inspirada and 1,400 within five years, the company said. Haas plans to invest more than $400 million into the land and construction of the facility. The arrival of the company is expected to diversify Henderson’s economy and attract other high-tech companies.
Las Vegas Investment Property Example # 1: New Townhome
Summerlin neighborhood: new townhomes in 89138
- Market rent – $2500/mo
- Market value – $4550k
- est. taxes – $175/mo
- Insurance – $55/mo
- HOA – $75/mo
- swipe to view sample photos
Las Vegas Investment Property Example # 2
Westwood Village neighborhood: (3 bedroom home) Thurston St, Henderson 89074
- Market rent – $2000/mo
- Market value – $400k
- est. taxes – $175/mo
- Insurance – $55/mo
- HOA – $18/mo
- swipe to view interior photos
Las Vegas Investment Property Example # 3
Green Valley Ranch: (4 bedroom home) Thunder Ridge Circle, Henderson 89012
- Market rent – $2500/mo
- Market value – $500k
- est. taxes – $194/mo
- Insurance – $80/mo
- HOA – $67/mo
- swipe to view interior photos
NEW HOMES: Las Vegas Investment Property Example # 4
New Homes in the Southwest and Summerlin
- Market rent – $2,500/mo – $2,800/mo
- Market value – $500k – $600k
- NEW HOMES & TOWNHOMES!
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1031 Exchange
1031 Exchanges
Using a 1031 Exchange to Purchase Investment Properties in Las Vegas.
Low Taxes
Property Taxes
Low property taxes are one of the main benefits of Las Vegas rental homes.
Additional Examples $400-500k
273 Timber Hollow St: Zillow Link
- Single story, 3 car garage located in highly sought after Green Valley Ranch, Henderson and zoned for top schools
- Estimate mkt value: $500k
- Target rent: $2500/mo
- Property taxes: $194/mo
- Estimated Insurance: $80/mo
- HOA: $67/mo
507 Beaconwood St: Zillow Link
- Single story, 3 car garage located in highly sought after Green Valley Ranch, Henderson and zoned for top schools
- Estimate mkt value: $425k
- Target rent: $2200-2295/mo
- Property taxes: $175/mo
- Estimated Insurance: $60/mo
- HOA: $25/mo
Additional Examples $300-400k
8169 W Gilmore Ave: Redfin Link for photos
- Estimate mkt value: around $350-360k
- Target rent: $1800-1895/mo
- Property taxes: $152/mo
- Estimated Insurance: $55/mo
- HOA: $15/mo
3761 Bossa Nova: Redfin Link for photos
- Estimate mkt value: around $360-370k
- Target rent: $1800-1895/mo
- Property taxes: $154/mo
- Estimated Insurance: $60/mo
- HOA: $15/mo
1737 Park Mesa Ln: Redfin Link for photos
- Estimate mkt value: around $340-345k
- Target rent: $1700-1750/mo
- Property taxes: $150/mo
- Estimated Insurance: $50/mo
- HOA: $57/mo
Low Property Taxes
Low property taxes are one of the main reasons Las Vegas investment properties are so attractive. As a general rule of thumb, annual estimated property taxes are calculated to be roughly .5%-.75% of the purchase price. For example, a property purchased for $400k would incur annual property taxes of around $2,000 yearly. Anyone can use the public search page to determine current property taxes for any property in Las Vegas and Henderson: Clark County Treasurer.
Think you know a lot about Vegas? Discover some hidden local gems worth a visit.
4 primary ways to find a Tenant in Las Vegas and keep Tenants longer:
The Las Vegas rental market is active, and it should take under 30 days to find a tenant. A rent-ready home, with professional advertising photos and priced at market, should rent in about 21-28 days.
If a property has been on the market for longer than 30 days, there is a reason. Is it dirty? Is it overpriced? Is the interior outdated and worn? Is the landscaping clean? Is the paint fresh? Are the carpets clean?
1. Stay on top of maintenance
2. Be a good landlord
3. Know what tenants want most
4. Be proactive with renewals
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