2204 Sunrise Ave

Investment Overview

Northcap Multifamily is the exclusive listing team and is 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 five (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.

Investment Highlights

• Minutes from the vibrant Fremont East Entertainment District, offering access to dining, entertainment, and cultural attractions.
• Opportunity Zone Benefits: 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 renovations or repositioning to capitalize on the area’s ongoing urban revitalization and growth.