2636 Lynnwood St - Sherwood Park

The Lynnwood Apartments consist of four two-story buildings. The property offers tenants a mix of 1, 2, and 3 bedroom apartments within approximately 26,000 livable square feet. Throughout the complex is a gated courtyard, mature landscaping, on and off street parking, and several units with balconies. Currently the property is 74% occupied and growing. The property has a self run property management system in place which is fully assumable. Several recent renovations include paint, several A/C's, parking lot re-slurry, and many interior upgrades. Property is fully operational with value-add opportunity and room for rent increases.
Located in central Las Vegas, the Lynnwood Apartments are convenient to a variety of employment sources, restaurants, shopping centers, and entertainment venues. The Las Vegas Strip is half a block east of the property and minutes from the I-15 for access to all major arterials in the Las Vegas Valley. Located in a premier rental corridor the Lynnwood Apartments are surrounded by the new SLS Hotel & Casino (opening August 23), Turnberry Towers, the Las Vegas Country Club, and is a half block from the Las Vegas Convention Center.