4330 Las Vegas Blvd N - Apartments FOR SALE


Las Vegas, NV 89115- Sunrise Manor
$6,999,999 USD
702-809-8387
4330 Las Vegas Blvd N, Las Vegas, NV for Sale
$6,999,999 USD
Apartments - FOR SALE
1/39
null | Request Cap Rate

4330 Las Vegas Blvd N
Las Vegas, NV 89115
Sunrise Manor


HIGHLIGHTS

  • Attractive price per unit
  • 50 out of 60 units have been renovated along with new exterior two tone paint
  • Large 2.88 acre lot with spacious units, a gated entrance, plentiful carport parking, an onsite laundry room, and a large courtyard
  • Value-add opportunity to continue the lease up phase, continue renovations, and increase the additional income stream

OVERVIEW

Blake Leavitt at KW Commercial is proud to present the value-add opportunity to acquire Pinnacle Apartments, a 60 unit class B apartment community in Las Vegas that was built in 1984. Pinnacle Apartments is strategically located in the Northeast Las Vegas submarket directly along Las Vegas Boulevard, providing efficient access to Downtown Las Vegas, the Las Vegas Strip, Nellis Air Force Base, Apex Industrial Park, and the growing North Las Vegas industrial corridor, which continues to attract significant logistics and manufacturing investment. The surrounding area benefits from strong workforce housing demand driven by nearby industrial employment centers, national distribution facilities, and ongoing population growth throughout Southern Nevada, making Pinnacle Apartments well-positioned to capitalize on continued renter demand in one of the region’s key workforce housing corridors. Pinnacle Apartments is situated on a large 2.88 acre lot and features spacious units, a gated entrance, plentiful carport parking, an onsite laundry room, and a large courtyard. Approximately 50 out of the 60 units have been renovated under current ownership along with new exterior two tone paint. The property is under new management as of April 2026 and is currently in the lease up phase. There is a value-add opportunity to acquire the property at an attractive price per unit to continue the lease up phase, perform exterior renovations in the common areas, perform interior renovations on the remaining non-renovated units, and increase the additional income stream.

FOR SALE DETAILS

PRICE

$6,999,999 USD

PRICE/SF

$200 USD /SF

# OF UNITS

60

PRICE/UNIT

$116,667

CAP RATE

Request Cap Rate

% LEASED

70%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pinnacle Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

60

LAND DETAILS

LAND ACRES

2.88 AC

LAND SF

125,627 SF

ZONING

H-2, County

APN/PARCEL ID

140-04-302-009,140-04-302-010

ASK ABOUT THIS PROPERTY

Blake LeavittKW CommercialMore Info
702-809-8387

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Blake LeavittKW CommercialMore Info
702-809-8387

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