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Sunrise Apartments
Las Vegas, NV Downtown Las Vegas

$7,700,000 USD

Multifamily For Sale • 42,046 SF

6 Properties View all

Property Details

Property Type Multifamily
Cap Rate 6.50 %

40 Transit Score

70 Walk Score

                
                    Highlights
                
                                Assumable Financing: Attractive sub-5% interest-only financing available for six years.
                            
                                Stable Returns: Nearly 12% cash-on-cash returns provide attractive in-place performance supported by favorable financing.
                            
                                Downtown Connectivity: Sunrise Apartments benefits from direct access to Downtown Las Vegas, major employment centers, and key transportation corridor
                            
                                Growth Corridor: Positioned near the planned Desert Pines redevelopment and ongoing area revitalization efforts.

Financial Summary (Actual)

Net Operating Income: $500,447 USD (2026)

Cap Rate:	6.50 %
Total Expenses:	$273,872 USD

Public Transportation

Airport	Drive	Walk	Distance
Harry Reid International	47 min	-	13.4 mi
Boulder City Municipal	33 min	-	23.7 mi

Drew Holden 949-230-8342 Marcus & Millichap

Sunrise Apartments Las Vegas, NV Downtown Las Vegas