
Las Vegas, NV 89103
This Stylish 1BD/1BA Condo serves as a strategic rental asset with a List Price of $189,900, which aligns with the $189,900 Fair Market Value. Located in the gated Borgata community, the property features Resort-Style Amenities including two pools and a putting green, situated just minutes from the Las Vegas Strip and Allegiant Stadium. Currently tenant-occupied with a Condition Rating of 4, the unit offers immediate cash flow in a high-demand area. This property is an ideal acquisition for Buy-and-Hold Investors or cash buyers seeking a low-maintenance investment near major entertainment hubs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4400 S Jones Boulevard 2102 Subject | $174,900* List Price | 1 | 1 | 717 | $222 | - |
A 4400 S Jones Boulevard 2087 Sold | $160,000 | 1 | 1 | 717 | $223 | 0.0 mi |
B 5160 Indian River Drive 345 Sold | $140,000 | 1 | 1 | 700 | $200 | 0.5 mi |
C 5314 River Glen Drive 291 Sold | $144,888 List Price | 1 | 1 | 700 | 0.4 mi | |
D 5286 River Glen Drive 428 Sold | $155,000 List Price | 1 | 1 | 700 | 0.5 mi | |
E 5061 River Glen Drive 75 Sold | $155,000 | 1 | 1 | 700 | $221 | 0.6 mi |
F 5185 Indian River Drive 225 Sold | $155,000 | 1 | 1 | 700 | $221 | 0.6 mi |
G 4400 S Jones Boulevard 3086 Active | $185,000 List Price | 1 | 1 | 717 | $258 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, this 27-year-old property falls within the 'fair' category criteria of being built over 20 years ago without mention of recent major renovations. The listing's 'as-is' appliance clause and tenant-occupied status typically indicate a property with functional but dated systems and finishes. Visual evidence shows minor deferred maintenance, such as trash bags at the unit entrance and some unkempt landscaping in common areas.
Situated just five minutes from the Las Vegas Strip and in close proximity to Allegiant Stadium and the airport, this property offers exceptional convenience and high rental demand.
The gated Borgata community provides extensive amenities including two pools, two spas, a putting green, a fitness center, and a clubhouse with a media lounge and theater.
Currently tenant-occupied on a month-to-month lease, this unit offers immediate cash flow for investors looking for a turnkey rental opportunity in a vibrant area.
The property is not eligible for FHA loans, which restricts the pool of potential buyers to those with cash or conventional financing.
The unit and all included appliances are being sold in as-is condition, which may necessitate additional budget for future repairs or modernizations.
FOR SALE—Tenant occupied. Lease is month-to-month. Stylish 1BD/1BA 2nd-floor condo in gated Borgata Condominiums, 5 min. from the Strip! Spacious unit with built-in wine rack, walk-in closet, and private balcony. Resort-style amenities: 2 pools, 2 spas, putting green, fitness center, BBQ areas, and clubhouse with media lounge and theater seating. Near Allegiant Stadium, T-Mobile Arena, Sphere, Raiders Stadium, airport, restaurants and shopping. Assigned covered parking. HOA covers water, sewer & trash. Appliances included, as-is. Not FHA loan-eligible. Loan pre-approval and proof of funds required with offer. Live, rent, or invest in one of Vegas’ most vibrant, convenient areas!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 36% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 717 | 880.5 | 35% |
| Lot Size | 8,396 | 1 | 95% |
| Price | $174.9K | $158.5K | 64% |
| Price per sq ft | $244 | $195 | 89% |
| Built year | 1998 | 1983 | 92% |
| HOA | $255 | $188 | 83% |
| Days on market | 228 | 1176 | 27% |
Apr 16, 2026
$174,900
$189,900
-8% Price Drop
Initial Listing
Sep 6, 2025
$189,900
Initial Listing