7350 W 4th St - Apartments FOR SALE


Reno, NV 89523- Outer West Reno
$2,250,000 USD
408-710-4226
7350 W 4th St, Reno, NV for Sale
$2,250,000 USD
Apartments - FOR SALE
1/13
null | 5.51% Cap Rate

7350 W 4th St
Reno, NV 89523
Outer West Reno


OVERVIEW

A Multi Family Rental Property in Reno, NV. There are two buildings with 11 residential Apartments PLUS one larger building zoned Commercial. The property is fully occupied. The location is excellent. It feels like a rural property yet is in the Reno city limits, located next to Truckee River. The current owners have completed massive improvements over the last few years, including; New roofs, New paved parking lot, New Exterior paint of 2 of 3 buildings, New water purification system, Cedar siding and fencing. All 12 units have received interior remodeling over the last five years, including new Baths, new flooring, new doors, lighting and much more.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$285 USD /SF

# OF UNITS

12

PRICE/UNIT

$187,500

CAP RATE

5.51%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

MU

APN/PARCEL ID

039-290-04

ASK ABOUT THIS PROPERTY

Tom RigdonSequoia Homes and PropertiesMore Info
408-710-4226

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Tom RigdonSequoia Homes and PropertiesMore Info
408-710-4226

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