3260 Gypsum Rd - Apartments FOR SALE


Reno, NV 89503- West University
$1,150,000 USD
415-939-9969
3260 Gypsum Rd, Reno, NV for Sale
$1,150,000 USD
Apartments - FOR SALE
1/29
null | 5.52% Cap Rate

3260 Gypsum Rd
Reno, NV 89503
West University


HIGHLIGHTS

  • Well maintained and professionally managed
  • Excellent location

OVERVIEW

Welcome to 3260 Gypsum Road, Reno, NV, a remarkable investment opportunity near UNR and Rancho San Rafael. This expansive 4-unit multi-family property boasts a total of 4,608 square feet, offering an exceptional living experience across its eight bedrooms and eight bathrooms. Each unit is thoughtfully designed to maximize space and comfort, ensuring a welcoming environment for all residents. The heart of each unit features a modern kitchen adorned with easy to clean countertops, providing both style and functionality. With laundry facilities conveniently located within the building, residents enjoy added convenience and ease of living. The property also includes ample parking, a valuable asset in this bustling area. Set on a generous 8,712 square foot lot, this property offers a blend of indoor and outdoor living spaces, allowing for a harmonious lifestyle. Whether you're looking to expand your investment portfolio or seeking a property that offers both convenience and practicality, 3260 Gypsum Road is a compelling choice. Its prime location combined with its well-appointed features makes it a standout property in the Reno area. Don't miss the opportunity to own this exceptional multi-family residence that promises both comfort and potential for excellent returns.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$250 USD /SF

# OF UNITS

4

PRICE/UNIT

$287,500

CAP RATE

5.52%

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3260 Gypsum Rd

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

MF30

APN/PARCEL ID

003-273-18

ASK ABOUT THIS PROPERTY

Mark HugretCompassMore Info
415-939-9969

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Mark HugretCompassMore Info
415-939-9969

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