Professional grm calculator optimized for multifamily properties in Las Vegas. Local market data shows 5.5% average cap rates and $450,000 median property values.
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The Las Vegas, NV multifamily real estate market offers unique investment opportunities. With a median home price of $450,000 and average cap rates of 5.5%,multifamily properties in this market present a stable investment profile.
Current market conditions show properties averaging 28 days on market, with year-over-year appreciation of 5.9%. Average cash-on-cash returns for multifamily investments in Las Vegas are approximately 8.7%.