4255 WEST VIKING ROAD

LAS VEGAS, NV

$47,500,000

  • 1/4 Block from The Palms Casino Resort (3 Min Walk)
  • 3 Blocks from The Las Vegas Strip (Centered at Bellagio & Caesars) (30 Min Walk / 17 Min Bus Ride)
  • 3 Pools, 2 Tennis Courts, Fitness Center, BBQ Grills, Laundry Center
  • Main Clubhouse w/ Billiards Table
  • Outdoor Kids Playground
  • Balconies and Patios
  • Covered & Uncovered Parking
  • Year Built: 1985
  • Type: Apartment
  • Units: 708
  • Cap Rate: 5.16%
  • Bldg Size: 503,542 Sq Ft.
  • Lot Size: 28.41 Acres

Built in three stages in 1981, 1982, and 1985, Grand View & Sunwood Village is a combined 708-unit, garden-style, two-story apartment community located in the heart of Las Vegas and governed by unincorporated Clark County, Nevada.

The property is situated just off of West Flamingo Road, a 1/4 block north of the Palms Casino Resort, kitty-corner from the Gold Coast Hotel & Casino, 3 blocks west of the famous Las Vegas Strip, and 2 blocks southwest of Las Vegas’ Little China Town. Many everyday business conveniences including grocers, banks, and cafés are located within walking distance from the property.

Several golf courses and clubs are close to the property, including The Las Vegas Country Club, The Wynn Golf Club, and Las Vegas National Golf Course. McCarran International Airport is also just a 10 minute drive from the property.

Grand View & Sunwood Village is situated on approximately 28.41 acres of land with a density of 25 units per acre. The property has a good unit mix with the majority consisting of 45.6% one-bedroom units and 40.3% two-bedroom units. Studios make up 9% and three-bedroom units make up 5.1%. The property has wood-frame construction and has pitched roofs with tile shingles and Spanish tiles.

Community amenities at Grand View & Sunwood Village include three swimming pools and spa, two tennis courts, barbecue grills, outdoor kids playground, on-site laundry facilities, fitness center, carports, balconies & patios, and main clubhouse with billiards table. The property is beautifully landscaped with manicured grass and desert stone areas, mature trees and bushes, and flower beds.