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$ 1,200,000
Est. payment | /mo
20 Beds
12 Baths
8,264 SqFt
$ 1,200,000
Est. payment | /mo
20 Beds
12 Baths
8,264 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,264 sqft
Price per Sqft $145
Bedrooms 20
Full Baths 12
Lot Size 8,712 Sqft
Property Description
8-Unit Multifamily | 8.9% Proforma Cap | Strong Unit Mix
Hyde Real Estate Group is pleased to present 2213 Sunrise Avenue. This 8-unit building presents a compelling multifamily investment opportunity with an excellent unit mix of four 3-bedroom/2-bath units and four 2-bedroom/1-bath units. The property is currently operating at a 7.1% cap rate with established, long-term month-to-month tenants, providing a strong foundation for an investor seeking both stability and upside.
The well-cared-for units and building offer an attractive opportunity to optimize rents and move toward an 8.9% proforma cap rate. The diverse unit mix appeals to a broad tenant base while supporting long-term rental demand.
Conveniently located just minutes from Downtown Las Vegas and Cashman Field, the property offers easy access to employment, entertainment, dining, and major transportation corridors.
Investment Highlights:
• 4 × 3BD/2BA + 4 × 2BD/1BA
• 7.1% current cap rate
• 8.9% proforma cap rate
• Long-term, month-to-month tenants
• Well-maintained units and building
• Minutes from Downtown Las Vegas & Cashman Field
• Opportunity for rental upside and improved returns
Hyde Real Estate Group is pleased to present 2213 Sunrise Avenue. This 8-unit building presents a compelling multifamily investment opportunity with an excellent unit mix of four 3-bedroom/2-bath units and four 2-bedroom/1-bath units. The property is currently operating at a 7.1% cap rate with established, long-term month-to-month tenants, providing a strong foundation for an investor seeking both stability and upside.
The well-cared-for units and building offer an attractive opportunity to optimize rents and move toward an 8.9% proforma cap rate. The diverse unit mix appeals to a broad tenant base while supporting long-term rental demand.
Conveniently located just minutes from Downtown Las Vegas and Cashman Field, the property offers easy access to employment, entertainment, dining, and major transportation corridors.
Investment Highlights:
• 4 × 3BD/2BA + 4 × 2BD/1BA
• 7.1% current cap rate
• 8.9% proforma cap rate
• Long-term, month-to-month tenants
• Well-maintained units and building
• Minutes from Downtown Las Vegas & Cashman Field
• Opportunity for rental upside and improved returns
Location
State NV
County Clark
Others
Virtual Tour https://my.matterport.com/show/?m=HuzvykphpCV
Listed by Catherine Hyde • Catherine Hyde
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