2204 SUNRISE AVE, LAS VEGAS, NV 89101

LOCATION DESCRIPTION

2204 Sunrise Ave, Las Vegas, NV 89101 is situated in the Downtown Las Vegas, a vibrant and evolving area within the heart of Las Vegas. This property benefits f rom a dynamic corridor known for its eclectic mix of restaurants, bars, and cultural attractions. The location offers convenient access to major thoroughfares, including Las Vegas Boulevard and Interstate 15, providing connectivity to the broader Las Vegas metropolitan area. The 89101 zip code is part of an Opportunity Zone, which may offer tax advantages for investors looking to develop or hold properties in this area. The surrounding neighborhood features a mix of residential, multifamily, and commercial properties, contributing to a diverse urban environment with growth potential.

SALE DESCRIPTION

Northcap Multifamily is the exclusive listing team and pleased to present 2204 Sunrise Ave Apartments built in 1955 with recent updates and renovations including modernized kitchens, modernized bathrooms, washers, air conditioners and more. This property consists of seven total units comprised of two (2) one bedroom, one bath units (1B/1b); and f ive (5) two bedroom, one bath units (2B/1b). The property is located in the well-established area of Downtown Las Vegas and presents an opportunity for investors seeking income producing assets in a high-demand rental market. The property is known for its steady rental demand driven by proximity to several employment centers and entertainment options. With Las Vegas’ ongoing urban revitalization, this property is well-positioned for potential value-add strategies, such as renovations or repositioning to capitalize on the area’s growth.

HIGHLIGHTS

Prime Location: Situated in the Downtown East neighborhood, minutes from the vibrant Fremont East Entertainment District and Fremont Street Experience, offering access to dining, entertainment, and cultural attractions.

Opportunity Zone Benefits: Located in the 89101 ZIP code, designated as an Opportunity Zone, potentially providing tax advantages for investors.

Convenient access to Las Vegas Boulevard and Interstate 15, facilitating easy travel across the Las Vegas metropolitan area.

Value-Add Potential: Opportunity for further renovations or repositioning to capitalize on the area’s ongoing urban revitalization and growth.