314 W Eighth St - Apartments FOR SALE


Carson City, NV 89703
$1,312,000 USD
775-750-6429
314 W Eighth St, Carson City, NV for Sale
$1,312,000 USD
Apartments - FOR SALE
1/12
null | 4.94% Cap Rate

314 W Eighth St
Carson City, NV 89703


HIGHLIGHTS

  • In Unit Laundry
  • Renovated Asset
  • Strong Carson City Rental Market
  • All 2 Bed Units
  • Corner 0.13 Acre Lot

OVERVIEW

The West Carson Four is located in downtown Carson City, Nevada close to the state capital buildings. This 4-plex investment offers all 2-bedroom 1-bathroom spacious units and is on a larger corner lot with on-site parking making it highly desirable for todays renter seeking functional living and long-term value. Each unit includes in-unit washer and dryer hookups, wall gas furnaces, and wall AC units. The spacious two-bedroom floor plans appeal to a broad tenant base, including families, professionals, and government employees. Located on Carson City’s desirable west side, the West Carson Four 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 employment, recreation and business.

FOR SALE DETAILS

PRICE

$1,312,000 USD

PRICE/SF

$366 USD /SF

# OF UNITS

4

PRICE/UNIT

$328,000

CAP RATE

4.94%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West Carson Four

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

MFA

APN/PARCEL ID

003-107-03

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.