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 Vegas’s most sought-after submarkets.
Property Details
Price:
$850,000
MLS #:
2713304
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Rock Spgs Vista Unit #11
Listed Date:
Aug 26, 2025
Finished Sq Ft:
3,976
Total Sq Ft:
3,976
Lot Size:
1,000 sqft / 0.02 acres (approx)
Year Built:
1998
Units:
4
Schools
Elementary School:
,
Interior
Appliances
Dryer, Dishwasher, Exhaust Fan, Oven, Range, Refrigerator, Range Hood, Washer
Cooling
Central Air
Flooring
Luxury Vinyl Plank, Tile
Heating
Central, Electric
Exterior
Architectural Style
Fourplex
Association Amenities
Landscaping, Pool
Construction Materials
Stucco, Wood Frame
Roof
Tile
Financial
HOA Includes
MaintenanceGrounds,Sewer,Trash,Water
Taxes
$3,038
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.
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2201 James Bilbray Drive
Las Vegas, NV
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