The residential housing market is still in a slump in many parts of Las Vegas, but that only makes apartments look better and better. In fact multifamily units are becoming the investment of choice for those looking to get into the Las Vegas commercial real estate market.
These properties tend to be fewer than 10 years old and have all the accoutrements that people are looking for when looking for housing. These factors have drawn investors from all over the country, investors looking for properties that have promise of higher and higher return.
It’s true the residential housing market is still struggling, but people still need a place to live and that means that opportunities abound.