A very rare investment opportunity. The City of Fernley Nevada is the closest city to the Reno Tahoe Business Park. That is the business park where the Tesla mega factory is located. The entire business park is now fully occupied and includes tenants such as Google, Switch and Wal-Mart. This property has 10 rental apartments and a laundry in three buildings. If you check the records you will see that properties like this almost never go on the market for sale. In fact, it has been several years since one did. The property is very well maintained. The owner has spent over $75k on Capital Improvements in 2023 & 2024. Rents are BELOW market. A reasonable pro forma would result in a Cap Rate of 5.5-6%.