161 Country Estates Cir - Medical CONDO FOR SALE


Reno, NV 89511- Outer South Reno
$1,500,000 USD
775-762-7990
161 Country Estates Cir, Reno, NV for Sale
$1,500,000 USD
Medical CONDO - FOR SALE
1/8
null | Request Cap Rate

NEW


161 Country Estates Cir
Reno, NV 89511
Outer South Reno


OVERVIEW

Colliers is pleased to present 161 Country Estates #3, Reno, NV, 89511 for sale. The property is currently a swim school with a heated indoor saltwater pool. The property is ready for a swim school, water fitness, aquatic physical therapy center and other similar uses. The property is an end-cap condo unit in a professionally managed commercial association. The unit is situated in the rear of the complex with privacy as well as a serene setting with lush landscaping. The end-cap provides windows on 3 sides of the property providing natural light and a great views. The property was built in 2004 and Bridgewater Swim Academy has owned the property since 2014. The property and pool has been very well maintained by the same owner since built. The cost of the property is well below replacement cost of the pool and infrastructure. Current construction costs as well as construction timeline make this is existing structure superior to a new build. The current occupant/operator is willing to include the client list and phone number to the buyer. Preliminary utilities of approximately $0.40/SF/MO and annualized utilities of approximately $4.83/SF/YR. These figures should be validated against full-year historical bills and any known pool-related utility seasonality before being used in final buyer underwriting. *Seller Financing may be available for qualified buyers* ***Building being sold vacant but is currently occupied. Please do not disrupt the tenant; contact broker to arrange property tours***

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$664 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

161 Country Estates Cir #3

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

6,351 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

PO

APN/PARCEL ID

043-331-03

ASK ABOUT THIS PROPERTY

Melissa MolyneauxColliersMore Info
775-762-7990

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

Melissa MolyneauxColliersMore Info
775-762-7990

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