$2,450,000 USD
775-313-1544
OVERVIEW
A rare, stabilized 100%-occupied retail investment offering dependable cash flow at the heart of Reno's urban revival. Five established retail suites on the ground floor of the iconic 22-story Arlington Towers, steps from the Truckee River Riverwalk District. HOA-managed (insurance, utilities, CAM, security) on modified-gross leases.
FOR SALE DETAILS
PRICE
$2,450,000 USD
PRICE/SF
$187 USD /SF
CAP RATE
7.35%
# OF UNITS
1
CONDO SIZE
-
% LEASED
100%
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Arlington Towers
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
255,000 SF
STORIES
23
BUILDING CLASS
B
YEAR BUILT
1966
SPRINKLERS
-
PARKING SPACES
100
LAND DETAILS
LAND ACRES
0.26 AC
LAND SF
11,326 SF
ZONING
MD-RD
APN/PARCEL ID
011-611-02,011-611-03,011-612-01,011-613-01,011-616-03,011-617-01,011-617-08,011-618-11,011-619-07,011-621-02,011-621-10,011-623-02,011-624-07,011-624-10,011-625-06,011-626-03,011-627-04,011-628-02,011-630-10,011-632-04,011-632-08,011-633-03,011-633-04,011-633-05
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775-313-1544
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775-313-1544
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