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Sunrise Apartments 2555 G St 10 Unit Apartment Building $1,755,000 ($175,500/Unit) 5.74% Cap Rate Sparks, NV 89431




INVESTMENT HIGHLIGHTS
- Ten (10) Units
- Nineteen (19) On-Site Parking Spaces
- Below Market Rents
EXECUTIVE SUMMARY
- Ten (10) units total - (2) bed, (1) bath: +/- 710 SF
- Below Market Rents
- Nineteen (19) on-site parking spaces
- On-site Common Area Laundry Room
- Near Freeway Entrance
- Below Market Rents
- Nineteen (19) on-site parking spaces
- On-site Common Area Laundry Room
- Near Freeway Entrance
PROPERTY FACTS
Price | $1,755,000 | Building Class | C |
Price Per Unit | $175,500 | Lot Size | 0.34 AC |
Sale Type | Investment | Building Size | 7,104 SF |
Cap Rate | 5.74% | Average Occupancy | 90% |
No. Units | 10 | No. Stories | 2 |
Property Type | Multifamily | Year Built | 1977 |
Property Subtype | Apartment | Parking Ratio | 2.67/1,000 SF |
Apartment Style | Low-Rise |
Price | $1,755,000 |
Price Per Unit | $175,500 |
Sale Type | Investment |
Cap Rate | 5.74% |
No. Units | 10 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low-Rise |
Building Class | C |
Lot Size | 0.34 AC |
Building Size | 7,104 SF |
Average Occupancy | 90% |
No. Stories | 2 |
Year Built | 1977 |
Parking Ratio | 2.67/1,000 SF |
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Double Pane Windows
SITE AMENITIES
- Laundry Facilities
- Public Transportation
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
2+1 | 10 | - | 710 |
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PROPERTY TAXES
Parcel Number | 031-292-51 | Improvements Assessment | $74,913 |
Land Assessment | $78,755 | Total Assessment | $153,669 |
PROPERTY TAXES
Parcel Number
031-292-51
Land Assessment
$78,755
Improvements Assessment
$74,913
Total Assessment
$153,669
ZONING
Zoning Code | MUD (Mixed Use Development) |
MUD (Mixed Use Development) |
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Sunrise Apartments | 2555 G St
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