1504 N Stewart St - Apartments FOR SALE


Carson City, NV 89706
$1,325,000 USD
775-750-6429
1504 N Stewart St, Carson City, NV for Sale
$1,325,000 USD
Apartments - FOR SALE
1/18
null | 4.75% Cap Rate

1504 N Stewart St
Carson City, NV 89706


HIGHLIGHTS

  • All 2 Bed Units
  • Strong Carson City Rental Market
  • On-Site Coin Op Laundry Room
  • Large 0.23 Acre Corner Lot
  • Garage Parking
  • Partially Renovated

OVERVIEW

The Stewart St Commons is located in one of Carson City, Nevada’s most established residential neighborhoods. This 4-plex is on a corner lot and offers all 2 bedroom 1 bathroom units, secured garage parking for each unit, and has very mature landscaping creating a tranquil environment for tenants. The units have received interior renovations to more modern standards. Centrally located near Highway 50, the Stewart St Commons is just minutes from the Nevada State Capitol, downtown Carson City, shopping, dining, schools, and major employers, providing residents with easy access to everything the city has to offer. Carson City is the state capital of Nevada and houses many government buildings, legislative meetings, and is a short distance to Tahoe Reno Industrial Center (the largest industrial park in the world) and South Lake Tahoe. The area sees many residences and visitors seeking both employment, recreation and business.

FOR SALE DETAILS

PRICE

$1,325,000 USD

PRICE/SF

$468 USD /SF

# OF UNITS

4

PRICE/UNIT

$331,250

CAP RATE

4.75%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stewart St Commons

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

MFD

APN/PARCEL ID

002-133-06

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.