2101 Sun Avenue
Class B Fourplex in North Las Vegas! 8.44% Proforma
Marketing description
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.
Investment 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 more.
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.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
