2101 Sun Ave - Apartments FOR SALE


North Las Vegas, NV 89030
$655,000 USD
702-408-2289
2101 Sun Ave, North Las Vegas, NV for Sale
$655,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

2101 Sun Ave
North Las Vegas, NV 89030


HIGHLIGHTS

  • Proforma CAP Rate of 8.44% – Delivers excellent returns in a supply-constrained market.
  • Class B Asset in a Growing Submarket – Built in 2003 and exempt from HOA oversight, allowing greater flexibility and value retention.
  • $27,000+ in Recent Capital Improvements – Includes HVAC upgrades, new appliances, a full bathroom remodel, roof reseal, balcony/stucco repairs, and mo
  • Fully-Tiled Interiors – All carpet has been replaced with ceramic tile for enhanced durability and lower maintenance.
  • Private Washers/Dryers in Each Unit – A highly sought-after feature for tenant retention and premium rent potential.
  • Private & Street Parking Available – Convenient on-site parking enhances tenant satisfaction and marketability.

OVERVIEW

Exceptional Class B Fourplex in North Las Vegas! Built in 2003, this well-maintained 3,869 SF property sits on a 0.15-acre lot and offers private and street parking, enhancing tenant convenience. The unit mix includes one 3-bed/2-bath, two 2-bed/2-bath, and one 2-bed/1-bath unit—each featuring in-unit washer/dryer and durable ceramic tile flooring throughout. With no HOA and long-term tenants in place, this fourplex provides both stability and operational flexibility. Recent capital improvements totaling over $27,000 include HVAC upgrades, bathroom remodels, new appliances, roof resealing, and balcony/stucco repairs. Located in a growing submarket with strong rental demand, this asset offers a projected pro forma CAP rate of 8.44% and is an ideal opportunity for investors seeking turnkey cash flow and long-term appreciation.

FOR SALE DETAILS

PRICE

$655,000 USD

PRICE/SF

$100 USD /SF

# OF UNITS

4

PRICE/UNIT

$163,750

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2101 Sun Avenue

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2003

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-4 High Density

APN/PARCEL ID

139-11-806-002

ASK ABOUT THIS PROPERTY

Catherine HydeHyde Real Estate Group at Simply VegasMore Info
702-408-2289

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Catherine HydeHyde Real Estate Group at Simply VegasMore Info
702-408-2289

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.