The Linda Vista Apartments in Fallon are being offered for sale. The two - 8 unit buildings are comprised of four - 2 bedroom and four - 3 bedroom units each. Included are 16 single car garages. The apartments have been well maintained and professionally managed by Wallace Realty in Fallon. They are located in near North Fallon in a beautiful neighborhood. The mature landscaping is very inviting to the tenants and their guests. There have been no vacancies through COVID and all rents are current. The 2020 net operating Income (NOI) reflects a 4.5 CAP rate. No rents have been raised in the last 17 months.
Multi-familyProperty Type
1990Year Built
0.82 acresLot Size
32 spacesParking
Listed by Wm. Brad Spires• RE/MAX Gold-Carson Valley
Fallon Nevada 89406; 8-Plex investments with solid financial documentation. Rents vary per unit but the property gross income is approximately $5,613 per month. Financial information is only supplied to Buyers who provided loan qualification documents, or cash verification documents.
NNRMLS #100000073
Jun 1, 2011
Listing Removed
—
Jan 4, 2010
Listed
$450,000
NNRMLS #90013091
Dec 30, 2009
Listing Removed
—
Aug 28, 2009
Listed
$850,000
NNRMLS #80016527
Mar 1, 2009
Listing Removed
—
Oct 15, 2008
Listed
$899,900
NNRMLS #70017560
Aug 28, 2008
Listing Removed
—
Aug 14, 2007
Listed
$1,400,000
As the MLS and public records start to fill up, we'll list the details here.
Facility Features: Pet Restrictions, Separate Heating/Cooling, Separated Meters (Electric), Separated Meters (Gas), Separated Meters (Water), Separate Water Heaters, Tenant Pays Utilities
Flooring: Carpet, Sheet Vinyl
Windows: Double Pane, Metal Frame
Heating/Cooling
Central Refrigerator A/C, Natural Gas
Green Features
Double Pane Windows
Multi-Unit Information
Complex Name: Linda Vista Apartments
# of Units: 16
Income Info: No
Common Features: BBQ/Picnic Area
2-Bedroom Unit Information
# of Baths: 2
# of Units: 8
3-Bedroom Unit Information
# of Baths: 2
# of Units: 8
Exterior
Building Information
Exterior: Rock, Stucco
# of Buildings: 2
Construction: Frame
Foundation: Concrete/Crawl Space
Exterior Features
Fencing: Back
Landscaped: Fully, Yes
Unit Information
Unit Features: Blinds/Shades, Smoke Detector
Property Features
Roof: Pitched, Tile, Wood/Shake
Sprinklers: Automatic, Yes
Property Information
Source of Sq. Ft.: Assessor
HUD: No
For Sale
For Sale
Sliding Scale: No
Lot Information
Access Type: Public
Financial
Taxes & Assessment Information
Taxes: $10,751
Lease Information
Current Lease: Leases
Utilities
Utility Information
Individually Metered
Utilities: Cable, City/County Water, Cellular Coverage Avail, City Sewer, Electricity, Internet Available, Natural Gas, Telephone, Water Meter Installed
Water Heater: Natural Gas
Location
School Information
Elementary School: E.C. Best
Middle School: Churchill
High School: Churchill
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Churchill County
APN: —
Home facts updated by county records on Aug 25, 2023
Other
Listing Information
Cross-Street/Directions: Keddie
Around this home
Schools
E C Best Elementary School
Public 2-3 • Assigned • 1.0mi
2/10
Churchill County Jr. High School
Public 6-8 • Assigned • 1.0mi
4/10
Churchill County High School
Public 9-12 • Assigned • 1.5mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 95° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
16 unhealthy days expected this year, 17 days in 30 years
Provided by First Street
Historical weather
Fallon, NV • 89406
Average low and high temperatures (°F)
49
21
57
31
65
37
67
39
79
49
91
57
94
61
92
60
84
53
70
41
56
31
53
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 12.9 hours in
June and 5.5 hours in December, placing it above the
U.S. average for solar exposure.