10005 Sagewood Dr - Apartments FOR SALE


Reno, NV 89506- Outer North Valleys
$725,000 USD
916-730-3846
10005 Sagewood Dr, Reno, NV for Sale
$725,000 USD
Apartments - FOR SALE
1/25
null | 5.79% Cap Rate

10005 Sagewood Dr
Reno, NV 89506
Outer North Valleys


HIGHLIGHTS

  • Updated Units
  • Stacker Laundry in Each Unit
  • Private Fenced Yard for Each Unit

OVERVIEW

Welcome to 10005 Sage Wood, a rare and desirable single-story triplex offering a blend of comfort, privacy, and investment potential. Each of the three units features 2 bedrooms and 1 bathroom with well-planned layouts and private entrances. The middle unit appears slightly larger, making it a great option for an owner-user or premium tenant. Each unit includes parking for two vehicles, and the spacious backyard has been thoughtfully divided to provide separate outdoor spaces for each unit. All units are currently vacant, with the seller having provided proper notice to tenants before listing—allowing for immediate occupancy or leasing at market rates. The fair market value for the units would be about $ 1,622 a month per unit(see attachments for Rentometer Pro estimated Rent report), with a very respectable annual rent of $58,392 and an anticipated cap rate of approximately 6%. Whether you're an investor looking to expand your portfolio or a homeowner interested in offsetting your mortgage with rental income, this property presents an excellent opportunity. Clean, functional, and ready to go—this triplex checks all the boxes. Listing courtesy of Christy Klingler NV Lic #:S.49001 Dickson Realty – Sparks LIC # B.S 145793

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$270 USD /SF

# OF UNITS

3

PRICE/UNIT

$241,667

CAP RATE

5.79%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Terrific Triplex in Reno

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

MF30

APN/PARCEL ID

086-482-01

ASK ABOUT THIS PROPERTY

Ron BenningRon BenningMore Info
916-730-3846

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Ron BenningRon BenningMore Info
916-730-3846

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.