
Las Vegas, NV 89103
This High-Potential Investment Opportunity is listed at a List Price of $169,500, positioned above the $153,570 Fair Market Value. While the property carries a Fair Condition Rating due to its 1998 construction, it offers immediate cash flow via a month-to-month tenant. Featuring Resort-Style Amenities including two pools and a fitness center, this unit provides a strategic location near the Las Vegas Strip and Allegiant Stadium. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a centrally located, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4400 S Jones Boulevard 2102 Subject | $169,500* List Price | 1 | 1 | 717 | $214 | - |
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 4893 S TORREY PINES Drive 202 Sold | $149,000 | 1 | 1 | 569 | $262 | 1.0 mi |
E 4893 S Torrey Pines Drive 202 Sold | $149,000 | 1 | 1 | 569 | $262 | 1.0 mi |
F 4400 S Jones Boulevard 2034 Sold | $205,000 | 2 | 2 | 947 | $216 | 0.1 mi |
G 4400 S Jones Boulevard 3086 Active | $172,900 List Price | 1 | 1 | 717 | $241 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (26 years old), the property falls into the 'Fair' category as it is over 20 years old with mostly original features. While the unit appears well-maintained and functional, the bathroom tile and kitchen cabinetry are dated and reflect the original construction era. No significant recent renovations are mentioned or visible, suggesting a need for minor cosmetic updates to meet modern standards.
Situated minutes from the Las Vegas Strip, Allegiant Stadium, and Harry Reid International Airport, this property offers exceptional access to major employment and entertainment hubs.
The gated Borgata community provides a high-end lifestyle featuring two pools, two spas, a fitness center, a putting green, and a clubhouse with a media lounge and theater.
With a tenant already in place on a month-to-month lease, this unit offers an ideal turn-key opportunity for investors seeking instant cash flow with future flexibility.
The property is not FHA loan eligible, which limits the potential buyer pool and may require conventional financing with higher down payments or cash offers.
Requirement of pre-approval or proof of funds prior to showings, combined with tenant occupancy, may create logistical challenges for prospective buyers during the due diligence period.
Tenant occupied with month-to-month lease in place. Current tenant would like to remain, offering flexibility for investors seeking immediate rental income with option for future owner-occupancy. Stylish 1BD/1BA second-floor condo in gated Borgata Condominiums offering resort-style living minutes from the Las Vegas Strip, Allegiant Stadium, T-Mobile Arena, Sphere, Harry Reid International Airport, dining, shopping, nightlife, and entertainment. Spacious floorplan features private balcony, walk-in closet, built-in wine rack, and abundant natural light. Enjoy resort amenities including 2 pools, 2 spas, fitness center, putting green, BBQ areas, clubhouse, media lounge, and theater seating. Beautifully maintained gated community in a central Las Vegas location. Assigned covered parking included. HOA covers water, sewer, and trash. Appliances included as-is. Not FHA loan eligible. Loan pre-approval or proof of funds required prior to showings. Excellent opportunity for owner-occupant, vacation home, second home, corporate housing, or investment property near Strip, Raiders Stadium, entertainment district, and major employment centers. Easy access to airport, resorts, UNLV, dining, retail, and freeway access makes this ideal lock-and-leave living or income-producing asset. Perfect for buyers searching Las Vegas condos, gated communities, resort-style amenities, low-maintenance living, centrally located condos, or properties near Strip and Allegiant Stadium. Strong appeal for relocation buyers, seasonal residents, and investors seeking convenience, lifestyle, and location.
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 | 42% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 717 | 877 | 41% |
| Lot Size | 8,396 | - | 95% |
| Price | $169.5K | $155.0K | 65% |
| Price per sq ft | $236 | $194 | 89% |
| Built year | 1998 | 1982 | 91% |
| HOA | $255 | $190 | 82% |
| Days on market | 22 | 1396 | 1% |
May 23, 2026
$169,500
Initial Listing