Las Vegas. A market with higher returns and better multifamily values.
Las Vegas is a new market for the DCG Multifamily Team. We are excited to be expanding to cover all of Nevada. This investment market is a great alternative to Reno’s high pricing by adding more properties and better value.
Vegas Is The Most Affordable Large Western City
Las Vegas appears to have the best sales value in the West when looking at multifamily and residential investment properties. COVID-19 has uniquely affected Las Vegas due to its reliance on tourism and hospitality. However, it is recovering very quickly, and we anticipate jobs and income to return and accelerate in the future. As a result, 2021 Las Vegas is a great market for investors looking for higher returns.
New Census Data Shows Vegas Is A Growth Market
According to the US Census, since 2010, the Vegas market has increased 16.2% now at about 2.3 million. With an increased rate as high as Las Vegas’s, it is among the fastest growth rate in the nation. When considering investing in Vegas, you’re putting your money in a market that is continually growing.
Golden Knights and Raiders Brings Unity To Residents
Las Vegas has finally added professional sports to its portfolio of family fun activities. With Las Vegas continuing to grow its portfolio, it creates a sense of unity with the residents and their families. Having this strong community, we foresee the market continuing to be robust for people looking to rent, which is great for investors.
We specialize in Reno multifamily assisting buyers and sellers.
Our unique tools developed to assist both allows our clients to have greater success in finding and acquiring a property or selling.