Sherwood 2630 Apartments 2630 Sherwood St 20 Unit Apartment Building $2,799,000 ($139,950/Unit) 6.18% Cap Rate Las Vegas, NV 89109

**Do Not Disturb the Tenants**
Sherwood 2630 Apartments is a 20-unit garden-style apartment community located in the Winchester neighborhood of Las Vegas. Situated right off Sahara Boulevard, between Paradise Road and Maryland Parkway, and just north of the Las Vegas Country Club. The property sits less than five miles from the Harry Reid International Airport, and approximately three miles from both the University of Nevada, Las Vegas, and is within walking distance to The World Famous Las Vegas Strip. Residents enjoy a premium, central location with easy access to the Las Vegas Freeway (US Interstate 15) located just two miles to the west. Immediate neighborhood conveniences
and services include Smith’s Grocery Store, CVS, Walgreens, Bank of America, and Chase Bank.
The property is surrounded by multiple dining, entertainment, and shopping hubs which includes the Historic Commercial Center District, Arts District, and the multitude of entertainment and dining opportunities along the Las Vegas Strip. Residents will have access to some of the area’s most popular local destinations that are all within walking distance from the property.
The Sherwood 2630 Apartments feature a total of 20 garden-style apartment units featuring wood-frame construction, stucco exterior finishes, and a flat roof situated on approximately 0.45 acres of land. The property consists of a mix of (12) one-bedroom / one-bathroom and (8) two-bedroom / one-bathroom units with a weighted average of 760 square feet. Each unit is individually metered for electricity and has individual HVAC units. Interior amenities include air conditioning / heating, vinyl plank flooring, ceiling fans, and kitchens equipped with oven / stove, range, and refrigerator.
Significant sources of employment in the area are dominated by leisure and hospitality opportunities along with positions in the professional and business sectors.