330 Talus Way - Apartments FOR SALE


Reno, NV 89503- West University
$1,200,000 USD
775-225-1144
330 Talus Way, Reno, NV for Sale
$1,200,000 USD
Apartments - FOR SALE
1/30
null | 3.7% Cap Rate

330 Talus Way
Reno, NV 89503
West University


HIGHLIGHTS

  • Seller Financing Available
  • Located near The University of Nevada Reno (UNR)
  • 1985 Construction

OVERVIEW

SELLER FINANCING AVAILABLE with the following terms: $625,000 down, seller to carry a $575,000 note amortized over 30 years, with a 5% interest rate, and a 5-year term. 1985 Construction. All six units have an identical floorplan which can accommodate the addition of stackable washer & dryers for added value and increased income potential. Great location for rentals with The University of Nevada Reno (UNR) within walking distance. Two of the six PTAC cooling / heating units have recently been replaced, and five of the six water heaters have recently been replaced. Ample area under the building provides plenty of room for storage and easy access to plumbing components.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$349 USD /SF

# OF UNITS

6

PRICE/UNIT

$200,000

CAP RATE

3.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,111 SF

ZONING

MF30

APN/PARCEL ID

003-234-10

ASK ABOUT THIS PROPERTY

Chris McCainDL RealtyMore Info
775-225-1144

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Chris McCainDL RealtyMore Info
775-225-1144

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