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 |
| 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 |
1 of 1
PROPERTY TAXES
| Parcel Number | 031-292-51 | Improvements Assessment | $74,913 |
| Land Assessment | $78,755 | Total Assessment | $153,669 |
ZONING
| Zoning Code | MUD (Mixed Use Development) |
