The Marsh at Southwest consists of 8 units, constructed in 1978 with half the units receiving Class A interior remodels completed in the last 3 years. This multifamily asset is located in popular the Old Southwest part of MidTown in Reno, NV. This classic but modern building offers a Buyer a beautifully remodeled apartment building that also had the roof replaced in 2022. This garden style property offers 8 large 680 sqft +/- one-bedroom one-bathroom units, on-site parking, common courtyard with mature landscaping, storage areas, and shared laundry room. Each renovated unit features custom finishes with large kitchens, shaker style kitchen cabinets, custom tile back splash, quartz counters, stainless steel appliances, larger primary closets, custom tile bathroom finishes, and much more. The unrenovated units feature linoleum entryway, carpet in the living areas and formica countertops. The common area is designed to enjoy the private outdoor space for all Northern Nevada’s great weather. This is a great opportunity to acquire a well-built, renovated asset with plus side in finishing half the units, and is a great exchange property for an investor in one of Reno’s most sought-after rental markets in northern Nevada.
The Marsh at Southwest is located at 230 Marsh Ave, in Reno, NV. The location is in the Old Southwest – MidTown Reno Submarket. This submarket is in the heart of Reno providing a great live – work -play lifestyle. This popular location provides easy access to all Northern Nevada’s most popular events, restaurants, coffee shops, and bars.