2511 Sunrise Street, located in central Las Vegas and close to the downtown area, is a triplex on a large 6,970 SF parcel. It offers tremendous potential with its planned land use as a Mid-Intensity Suburban Neighborhood and zoning classification of Residential Multi-Family 18 (RM18). The property currently performs above a 6% CAP rate, and with rent increases, it will exceed 8.3%. Priced to sell at $110K per door.
Courtesy of Jeremy Hyde with Simply Vegas. Selling Office: Simply Vegas.
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