12 Unit Apartment Building - Las Vegas, Nevada

By
Commercial Real Estate Agent with ROG Commercial

Sunrise Apartments 12 units
2113 Sunrise Ave.
Las Vegas, NV 89101

For Sale $333,000
Status New
Chuck Martin 702-204-6278
<em>2113 Sunrise</em><br/>Photo 1 of 9 <em>No Description</em><br/>Photo 2 of 9
<em>Courtyard View</em><br/>Photo 3 of 9
<em>No Description</em><br/>Photo 4 of 9
<em>Living Room</em><br/>Photo 5 of 9 <em>Kitchen</em><br/>Photo 6 of 9 <em>Bedroom w/ natural Light</em><br/>Photo 7 of 9 <em>Bathroom</em><br/>Photo 8 of 9 <em>Fremont and Eastern Area</em><br/>Photo 9 of 9
 
 

Property Overview

Co-op Commission 3.00%
Land SF/$ Per 8,276 / $40.24
Acres/$ Per -/-
Property Use Investment
Zoning Apartment Residence District (R-4)
Parcel Number 139-35-812-004
T, R, S 20, 61, 35
Land Size 8,276 sf
Bld SF/$ Per 7,440 / $44.76
# of Buildings 1
# of Units 12
# of Stories 2
Cap Rate 9.00%
Vacancy -
 

Agent/Broker Description

This property has a mix of 8 one bedrooms and 4 two bedroom units. One of the two bedroom units has been converted into a single bedroom to create a leasing office that is currently leased out by property management company the operates several buildings on the street. The Property has been Remodeled, 75% leased, 8 Parking space, each unit has roof mounted evaporative coolers and a wall mounted-heating units; exterior walls are concrete block with masonry construction.

The median asking price for Las Vegas Multifamily properties currently listed for sale within 20 miles of 2113 Sunrise Avenue, Las Vegas, NV 89101 is $49,917 Per Unit. The average asking price for all Las Vegas Multifamily properties, based on data gathered from LoopNet.com.

The property is located in the redevelopment area of Las Vegas, cross streets are Eastern Avenue and Fremont Street.

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Area Description

Located just off of Fremont and N Eastern Ave with easy access to the I-95.

Please do not disturb tenants. Make offer contingent on interior inspection. Buyer and buyer agent verify all info.

Property Features

  1. Nine - One Bedroom Units - Avg. Rent $425
  2. Three- 2 Bedroom Units - Avg. Rent $475
  3. Laundry Room Income
  4. Property Management Office Income
  5. Central Location / Downtown
  6. Near Bus Route
  7. Near I-95 on ramps
  8. COMPLETELY RENOVATED

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