2440 Sutro St - Apartments FOR SALE


Reno, NV 89512- Northeast Reno
$1,050,000 USD
775-750-6429
2440 Sutro St, Reno, NV for Sale
$1,050,000 USD
Apartments - FOR SALE
1/6
null | 5.03% Cap Rate

2440 Sutro St
Reno, NV 89512
Northeast Reno


HIGHLIGHTS

  • All 2 bedroom Townhome Style Units
  • Balconies Off The Master Bedroom
  • Upside In The Rents

OVERVIEW

The Sutro Six at 2440 Sutro Street presents an opportunity to acquire a 6-unit townhome style asset located in Reno, NV. This asset offers affordable work force housing with great access to bus lines, Interstate 80, shopping, and employers. These two bedroom, one bathroom units each have large kitchens, private balconies, on-site parking, and approximately ±864 sq ft of living space.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$203 USD /SF

# OF UNITS

6

PRICE/UNIT

$175,000

CAP RATE

5.03%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sutro Six Townhomes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

MF30

APN/PARCEL ID

004-093-17

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.