The Perch

316–322 N 14th Street is located in the heart of Downtown Las Vegas, an area that continues to benefit from sustained public and private investment, rising residential demand, and ongoing redevelopment. Residents enjoy close proximity to Fremont Street, the Arts District, major employment hubs, dining, entertainment, and public transportation—making the area especially attractive to long-term renters who value access, walkability, and connectivity. The surrounding neighborhood has seen consistent infill development and revitalization, reinforcing housing demand while limiting new supply. Properties in this pocket benefit from downtown’s continued transformation into a true live-work-play environment, supporting both rental stability and long-term appreciation. As Downtown Las Vegas continues to mature, assets like 316–322 N 14th Street remain well-positioned to benefit from the area’s upward trajectory—offering residents an authentic urban lifestyle and investors exposure to one of the city’s most resilient rental submarkets.The Perch presents a compelling opportunity to acquire a fully renovated, stabilized multifamily asset in the heart of Downtown Las Vegas—an area that continues to attract capital, residents, and long-term investment interest. The property consists of 10 residential units and is 100% occupied, reflecting consistent tenant demand and durable in-place performance. Comprehensive renovations have already been completed, allowing new ownership to step into a clean, modernized asset without the burden of deferred maintenance or near-term capital expenditures. This boutique-scale investment offers an ideal balance of operational simplicity and predictable cash flow. Its manageable size allows for efficient ownership while still benefiting from the core fundamentals that drive long-term multifamily performance: strong location, modern condition, and sustained rental demand. Positioned within an active downtown corridor, The Perch benefits from close proximity to employment centers, entertainment districts, public transportation, and ongoing redevelopment initiatives. As Downtown Las Vegas continues its evolution into a true live-work-play environment, assets of this quality and scale remain increasingly difficult to replicate. The Perch is well suited for investors seeking a long-term hold with reliable income, minimal operational friction, and exposure to one of Las Vegas’s most resilient and improving rental submarkets. This is a thoughtfully executed asset designed to deliver stability today while positioning ownership for continued relevance and appreciation over time.