Description
Value add apartment building near the University of Nevada Reno. Rents well below market rate. Longtime ownership has kept this building well maintained. Terrific location, functional floorplans, and ample parking keep this building rented with historically low vacancy. Professional property management currently in place.
$1,150,000
-
0BEDS
-
0.24ACRES
-
0BATHS
-
01/2 BATHS
-
5,016SQFT
-
$229$/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1979
County:
Area:
School Ratings & Info
Description
Value add apartment building near the University of Nevada Reno. Rents well below market rate. Longtime ownership has kept this building well maintained. Terrific location, functional floorplans, and ample parking keep this building rented with historically low vacancy. Professional property management currently in place.
© 2021 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Chase International Real Estate. Real estate listings held by brokerage firms other than Chase International Real Estate are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-01-28T08:19:40.957.