1449 Hillside Dr - Apartments FOR SALE


Reno, NV 89503- West University
$910,000 USD
775-750-6429
1449 Hillside Dr, Reno, NV for Sale
$910,000 USD
Apartments - FOR SALE
1/37
null | Request Cap Rate

1449 Hillside Dr
Reno, NV 89503
West University


HIGHLIGHTS

  • Located within the University Submarket in Reno, NV
  • This location provides direct access to The University of Nevada

OVERVIEW

1449 Hillside Drive is an exceptional duplex located within the University Submarket in Reno, NV. Seller is offering a substantial rate buydown and the property qualifies for a DSCR loan. This location provides direct access to The University of Nevada, Reno and all the local campus attractions offering great walkability and strong tenant demand. The units are a large ±1,677 sq ft 3 bed 2 bath unit and a ±1,119 sq ft 2 bed 1 bath unit. Both have been meticulously renovated and are at market rents.

FOR SALE DETAILS

PRICE

$910,000 USD

PRICE/SF

$325 USD /SF

# OF UNITS

2

PRICE/UNIT

$455,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,187 SF

ZONING

MF14

APN/PARCEL ID

007-017-03

ASK ABOUT THIS PROPERTY

Ben GallesCBREMore Info
775-750-6429

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Ben GallesCBREMore Info
775-750-6429

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