2213 Sunrise Ave - Apartments FOR SALE


Las Vegas, NV 89101- Downtown Las Vegas
$1,200,000 USD
702-789-9328
2213 Sunrise Ave, Las Vegas, NV for Sale
$1,200,000 USD
Apartments - FOR SALE
1/24
null | 10.6% Cap Rate

2213 Sunrise Ave
Las Vegas, NV 89101
Downtown Las Vegas


OVERVIEW

This exceptional 8-plex has been extensively upgraded with major capital improvements throughout. Updates include a new sewer system, modernized kitchens and bathrooms, new windows, HVAC systems, main electrical panel, fresh interior/exterior paint, upgraded laundry room, and newly paved parking area. The property features spacious units—among the largest bedrooms in Las Vegas, a gated layout, and security camera system throughout, including the coin operated laundry area. Currently 100% occupied, delivering strong in-place income with one of the highest NOI profiles in its class, while still offering additional value-add potential for savvy investors. Prime location just one block from Eastern & Charleston, two blocks from freeway access, and within walking distance to a supermarket. The area is experiencing rapid growth, with new residential developments, a casino project, Starbucks, and Raising Cane's nearby, positioning this asset in the path of continued appreciation. Situated in a revitalizing historic downtown corridor, this is a rare opportunity to secure a stabilized asset with future upside.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$145 USD /SF

# OF UNITS

8

PRICE/UNIT

$150,000

CAP RATE

10.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sunrise Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

R-4

APN/PARCEL ID

139-35-812-009

ASK ABOUT THIS PROPERTY

Alfredo RosalesEpique RealtyMore Info
702-789-9328

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

Alfredo RosalesEpique RealtyMore Info
702-789-9328

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