Rare New Apartment Units | 90% Completed 108 McDonald Street St 22 Lots d’appartement Immeuble residentiel Vente aux enchères en ligne Beatty, NV 89003

Realize the full potential of this stunning modern apartment complex at 108 McDonald Street in Beatty, Nevada. Better known as The 22 at Beatty, this noteworthy revitalization of 22 apartment units will be delivered 90% completed, with 12 units fully updated and the remaining 10 units only needing finishing touches, such as air-conditioning units, cabinets, baseboards, etc. This presents optionality for a new owner to acquire the property as-is, or work with the seller to complete construction, with an estimated one months of work remaining.

Boasting a wealth of contemporary features and sweeping mountain views, the renovated units at the 22 at Beatty make up the newest multifamily inventory in the area. The community comprises a collection of two-level buildings, connected by wooden walkways and covered areas that are reminiscent of a boardwalk. The unit mix includes 13 studio units, four one-bedroom units, and five two-bedroom units. The updated units boast bright modern cabinetry, large windows, anti-scratch plank flooring, and contemporary finishes and fixtures.

This rare offer presents the newest multifamily inventory within a highly constrained rental market. Despite over 38% of Beatty residents currently renting their homes, there has been no new inventory delivered over the past year, and vacancies in the region sit below 5%. This creates a lucrative upside to attract high-income tenants with the top-quality units at the 22 at Beatty and capture above-average rental rates.

A central location just blocks off Main Street in Downtown Beatty places the apartments in a prime location near the area’s best amenities. Within walking distance, residents can enjoy shopping at Family Dollar, popular dining options such as Gema’s Café and Smokin J’s Barbeque, and outdoor recreation at Cottonwood Park and the Beatty Public Swimming Pool. Within five minutes, tenants will also be able to find the city’s busiest destinations, including Beatty High School, Beatty Hospital, and the StageCoach Hotel and Casino.

Beatty is a historic and culturally rich destination that sits just 8 miles from Death Valley National Park and 13 miles from the California border. Situated along Highway 95, the city is a popular stop for tourists traveling from Las Vegas to visit Death Valley, as well as the numerous museums, ghost towns, and cultural landmarks that dot the surrounding area. This also presents the opportunity to provide shortened leases and cater to these visiting enthusiasts.

Presenting brand-new apartments in a tight rental market with a prime location offering access to California, Las Vegas, and Death Valley National Park, The 22 at Beatty delivers a one-of-a-kind multifamily investment.

Property tours are by appointment only. Please contact the listing broker to schedule.