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2417 SUNRISE AVE
LAS VEGAS, NV 89101
Asking Price
$8.10M
Cap Rate
6.03%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
A Modernized Downtown Community With Assumable Financing <ul><li><strong>Assumable Financing:</strong> Attractive sub-5% interest-only financing available for more than six years.</li></ul><p></p><ul><li><strong>Stable Returns: </strong>Extensive renovations and a diversified resident profile support consistent operational performance.</li></ul><p></p><ul><li><strong>Downtown Connectivity:</strong> Sunrise Apartments benefits from direct access to Downtown Las Vegas, major employment centers, and key transportation corridor.</li></ul><p></p><ul><li
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NOI
$80,000
Cap Rate
0.99%
DSCR
0.17
Underwater
Cash-on-Cash
-16.50%
Monthly Payment
$40,074.38
Annual Cash Flow
$-400,892.566
