9.5% CAP RATE!! 15 Units apartments. 3-4plex units in the front. 2-2plex units in the rear. 1-1 bedroom. Laundry room included. Cap rate-cash flow is based on the property being fully managed by a leasing co. Drive by only.
Multi-familyProperty Type
1988Year Built
0.98 acresLot Size
$27Price/Sq.Ft.
15 spacesParking
Listed by Eileen Craig• Real Estate of Reno Sparks
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Washoe County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Feb 22, 2017.
MF-30
AN
Multi-Family Residential District
The MF-30 district is intended to provide multi-family residential development and limited commercial and retail uses. Secondary uses include duplexes, triplexes, fourplexes, townhomes, single-family residential uses, parks, and schools. Additional district standards ensure that amenities such as open space are provided to offset the increases residential densities. This district is appropriate adjacent to other multifamily, single-family Urban Districts, and Employment Districts.
Zone overlays
Airport Noise Exposure Overlay District
Permitted uses
Include but are not limited to:
Day care facility
General retail
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Housing-Mobile home park
Property details
Parking
Parking/Garage Information
Parking Types: Common
Parking Capacity per Unit: 1
Total Parking Capacity: 15
Interior
Room Information
Laundry: Common
Interior Features
Appliances: Disposal, Dishwasher, Oven/Range, Refrigerator, Varies by Unit
Facility Features: Tenant Pays Utilities
Flooring: Carpet, Sheet Vinyl
Windows: Single Pane
Heating/Cooling
Air Unit, Natural Gas
Multi-Unit Information
Complex Name: Sun Acres
# of Units: 15
Net Operating Income: $30,044
1-Bedroom Unit Information
# of Baths: 1
# of Units: 1
Sq. Ft./Unit: 650
2-Bedroom Unit Information
# of Baths: 1
# of Units: 12
Sq. Ft./Unit: 950
4+ Bedroom Unit Information
# of Baths: 2
# of Units: 2
Sq. Ft./Unit: 1,800
Exterior
Building Information
Exterior: Wood Siding
# of Buildings: 6
Construction: Frame
Foundation: Concrete Slab
Unit Information
Unit Features: Balcony
Property Features
Roof: Composition/Shingle, Pitched
Property Information
Source of Sq. Ft.: Assessor
For Sale
For Sale
Sliding Scale: No
Lot Information
Access Type: Public
Financial
Taxes & Assessment Information
Taxes: $9,461
Lease Information
Current Lease: Leases
Utilities
Utility Information
Individually Metered
Utilities: Cable, City/County Water, City Sewer, Electricity, Natural Gas, Telephone
Water Heater: Natural Gas
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Washoe County
APN: —
Home facts updated by county records on Feb 22, 2017