2200 South Fort Apache Road 2011, Las Vegas, NV 89117, Las Vegas, 89117 - 1 bed, 1 bath
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Las Vegas, NV 89117
This property presents a Strong Value Opportunity with a List Price of $140,000—positioned well below the $149,230 Fair Market Value by 6%. This valuation gap offers $9,230 in Instant Equity for buyers willing to address the Condition Rating of 5. Featuring an outside patio and access to multiple pools and tennis courts, this unit requires a full interior renovation. It is a high-potential asset ideal for Buy-and-Hold Investors or Fix-and-Flip Investors seeking a value-add project in a convenient location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2200 South Fort Apache Road 2011 Subject | $140,000* List Price | 1 | 1 | 752 | $198 | - |
A 2200 S FORT APACHE Road 2185 Sold | $165,000 | 1 | 1 | 752 | $219 | 0.0 mi |
B 2200 S FORT APACHE Road 2185 Sold | $165,000 | 1 | 1 | 752 | $219 | 0.0 mi |
C 2200 S Fort Apache Road 2073 Sold | $151,500 | 1 | 1 | 752 | $201 | 0.2 mi |
D 2200 South Fort Apache Road 1057 Active | $169,999 List Price | 1 | 1 | 752 | $226 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1991 (35 years old), the property exceeds the 30-year threshold for original systems and finishes. The listing description explicitly targets investors and states it 'needs the right touch,' implying the kitchen, bath, and potentially HVAC systems require a full rehab rather than minor cosmetic updates.
The Canyon Lake community offers a robust suite of amenities including multiple pools, spas, tennis and basketball courts, and a fitness center, providing high lifestyle value for residents.
Priced competitively at $140,000, this unit presents a significant opportunity for investors to build equity through cosmetic renovations and modernizing the interior space.
Situated in the 89117 zip code, the property boasts excellent proximity to major highways, shopping, and entertainment, making it a highly convenient location for commuters and tenants.
The property is noted as needing 'the right touch,' indicating deferred maintenance or dated finishes that will require immediate capital expenditure upon purchase.
The $450 monthly association fee is relatively high for a one-bedroom condo at this price point, which may compress net rental yields for investors and impact overall affordability.
Welcome this awesome opportunity to market! This 1 bedroom/1 bathroom condo needs the right touch to be the perfect space! Located on the second floor, this unit also features a fireplace, outside patio, and cozy kitchen! Community amenities are great, and include multiple pools/spas, exercise rooms, tennis/basketball courts, clubhouse, and more! Conveniently located to all highway, shopping, and entertainment needs! Come on by while this one lasts! Investors.. Inquire within!!
No exterior & parking available.
Grades PK-5 • 0.6 mi
Grades 6-8 • 2.5 mi
Grades 9-12 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 752 | - |
| Lot Size | 752 | - |
| Price | $140.0K | $217.2K |
| Price per sq ft | $186 | $219 |
| Built year | 1991 | 0 |
| HOA | $450 | $0 |
| Days on market | 5 | 828 |
Jul 21, 2026
$140,000
Initial Listing