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Share Village #5 2100-2104 Sunrise Ave 20 Unit Apartment Building $2,800,000 ($140,000/Unit) 4.26% Cap Rate Las Vegas, NV 89101



Executive Summary
4 two bedroom and 16 one bedroom units. Below market rents with upside potential. Most of the plumbing, HVAC flooring replaced last few years. Owner retiring. Assumable FHA Loan $1,400,000 +/- 4.08% fixed, Due 10/01/2029
This gated community offers **both 1- and 2-bedroom apartment homes**, including upstairs floorplans located in the heart of Downtown Las Vegas. The property is easily recognized by the **iconic American Flag mural** and provides convenient access to nearby dining, shopping, and entertainment options.
Apartment homes feature spacious living areas and bedrooms designed for everyday comfort, kitchens equipped with a refrigerator and stove, ample storage throughout, pedestrian gated access, and **reserved parking**. Residents are responsible for electricity in their name during tenancy.
**Current Pricing Options:**
**1-Bedroom Apartment Home**
Base Rent: **$895/month**
Water, Sewer & Trash: **$50/month**
Landlord Liability Waiver Fee: **$10.50/month** (waived with proof of qualifying renter’s insurance)
**Total Monthly Payment Required (MTPR): $955.50/month**
**2-Bedroom, 1-Bathroom Apartment Home**
Base Rent: **$1,250/month**
Water, Sewer & Trash: **$50/month**
Landlord Liability Waiver Fee: **$10.50/month** (waived with proof of renter’s insurance)
**Total Monthly Payment Required (MTPR): $1,310.50/month**
Optional pet charges include **$35/month per approved pet** and a **one-time, non-refundable $250 pet fee**.
This gated community offers **both 1- and 2-bedroom apartment homes**, including upstairs floorplans located in the heart of Downtown Las Vegas. The property is easily recognized by the **iconic American Flag mural** and provides convenient access to nearby dining, shopping, and entertainment options.
Apartment homes feature spacious living areas and bedrooms designed for everyday comfort, kitchens equipped with a refrigerator and stove, ample storage throughout, pedestrian gated access, and **reserved parking**. Residents are responsible for electricity in their name during tenancy.
**Current Pricing Options:**
**1-Bedroom Apartment Home**
Base Rent: **$895/month**
Water, Sewer & Trash: **$50/month**
Landlord Liability Waiver Fee: **$10.50/month** (waived with proof of qualifying renter’s insurance)
**Total Monthly Payment Required (MTPR): $955.50/month**
**2-Bedroom, 1-Bathroom Apartment Home**
Base Rent: **$1,250/month**
Water, Sewer & Trash: **$50/month**
Landlord Liability Waiver Fee: **$10.50/month** (waived with proof of renter’s insurance)
**Total Monthly Payment Required (MTPR): $1,310.50/month**
Optional pet charges include **$35/month per approved pet** and a **one-time, non-refundable $250 pet fee**.
Data Room Click Here to Access
Property Facts
| Price | $2,800,000 | Building Class | C |
| Price Per Unit | $140,000 | Lot Size | 0.43 AC |
| Sale Type | Investment | Building Size | 13,720 SF |
| Cap Rate | 4.26% | Average Occupancy | 100% |
| Gross Rent Multiplier | 12.94 | No. Stories | 2 |
| No. Units | 20 | Year Built/Renovated | 1961/2020 |
| Property Type | Multifamily | Parking Ratio | 2.99/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R-4, Las Vegas | ||
| Price | $2,800,000 |
| Price Per Unit | $140,000 |
| Sale Type | Investment |
| Cap Rate | 4.26% |
| Gross Rent Multiplier | 12.94 |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 13,720 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1961/2020 |
| Parking Ratio | 2.99/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-4, Las Vegas |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | - | 400 - 500 |
| 2+1 | 4 | - | 800 |
1 1
Walk Score®
Very Walkable (83)
Property Taxes
| Parcel Numbers | Improvements Assessment | $146,863 | |
| Land Assessment | $84,000 | Total Assessment | $230,863 |
Property Taxes
Parcel Numbers
Land Assessment
$84,000
Improvements Assessment
$146,863
Total Assessment
$230,863
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Share Village #5 | 2100-2104 Sunrise Ave
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