2300 E Silverado Ranch Boulevard 1126, Las Vegas, NV 89183, Las Vegas, 89183 - 1 bed, 1 bath
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Las Vegas, NV 89183
This Turnkey Investment Asset is a High-Potential Investment Opportunity listed at $198,000—positioned well below the $240,660 Fair Market Value by 17%. This valuation gap provides $42,660 in Instant Equity. Currently maintaining a Condition Rating of 4, the unit features updated flooring and a long-term tenant with a lease secured through February 2027, ensuring immediate cash flow. Zoned for elite institutions like Coronado High School (9/10), this property guarantees sustained rental demand and appreciation. It is a premier acquisition for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2300 E Silverado Ranch Boulevard 1126 Subject | $198,000* List Price | 1 | 1 | 776 | $310 | - |
A 2300 E Silverado Ranch Boulevard 1189 Sold | $220,000 | 2 | 2 | 960 | $229 | 0.1 mi |
B 2300 E Silverado Ranch Boulevard 1189 Sold | $220,000 | 2 | 2 | 960 | $229 | 0.1 mi |
C 2300 E Silverado Ranch Boulevard 1189 Sold | $229,900 List Price | 2 | 2 | 960 | 0.1 mi | |
D 2300 E Silverado Ranch Boulevard 1021 Active | $230,000 List Price | 1 | 1 | 705 | $326 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, this property is well-maintained and clean but retains most of its original features. While the flooring has been updated to a modern dark laminate/vinyl, the kitchen and bathroom remain dated with original-style white cabinetry, laminate countertops, and older white appliances. It fits the 'fair' criteria as an aged home that has been kept functional through regular upkeep rather than a full modern renovation.
Elementary School: John Vanderburg Elementary School (9/10). High School: Coronado High School (9/10).
The property features a long-term tenant with a lease secured through February 2027, providing immediate and stable cash flow for investors from day one.
Zoned for highly-regarded institutions including Coronado High School (9/10) and Roger D Gehring Elementary (9/10), which significantly bolsters long-term property value and tenant demand.
The existing lease agreement through early 2027 prevents immediate use by owner-occupants, effectively limiting the potential buyer pool to investors only.
The monthly association fee of $293 is relatively high for a 776-square-foot one-bedroom unit, which may impact the overall net yield for the owner.
Very clean condo with long term tenant. Lease valid thru Feb 2027. This is a very desirable location and a perfect opportunity to have cash flow from day 1.
No exterior & parking available.
Grades PK-5 • 0.9 mi
Grades PK-5 • 1.0 mi
Grades PK-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 16% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 776 | 1,049 | 16% |
| Lot Size | 10,229 | 5,193 | 78% |
| Price | $198.0K | $225.0K | 32% |
| Price per sq ft | $255 | $229 | 81% |
| Built year | 1997 | 2001 | 22% |
| HOA | $293 | $186 | 81% |
| Days on market | 75 | 358 | 3% |
Feb 6, 2026
$198,000
Initial Listing