100 percent occupied. 5.56 percent CAP Rate on actuals. 4-unit investment located near Downtown Reno. This is a prime investment opportunity located near the Truckee River in the heart of downtown Reno. The asset includes One - one bed/one-bath unit; Two - two bed/one and a half bath units; and One - two bed/one bath unit totaling 2,940 square feet. All four units have been renovated with new luxury vinyl plank (LVP), quartz countertops, shaker kitchen cabinets, stainless steel appliances, new bathroom vanities, brushed nickel finishes and more. Each unit offers a stackable washer and dryer. Common area amenities feature professional management, fenced yard, close to bus line, on-site parking.
Courtesy of Chris McCain and DL Realty. Contact:
Selling Office: RE/MAX Gold.
© 2017 Northern Nevada Regional MLS, Inc. All Rights Reserved
Data last updated on 06/28/2017.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Information deemed reliable but not guaranteed