1101 E Taylor St - Apartments FOR SALE


Reno, NV 89502
$1,900,000 USD
775-233-0754
1101 E Taylor St, Reno, NV for Sale
$1,900,000 USD
Apartments - FOR SALE
1/17
null | 4.52% Cap Rate

1101 E Taylor St
Reno, NV 89502


HIGHLIGHTS

  • Prime Location: Located near Midtown Reno and Renown Hospital, this property offers convenient access to major amenities, making it highly attractive
  • Turn-Key Condition: The units are ready for immediate occupancy, perfect for investors not interested in the hassle of renovations
  • Stable Income: With a gross annual income of $111,744, this property provides a reliable return, making it a sound investment
  • Exchange Potential: This listing is particularly ideal for investors considering a 1031 exchange
  • Affordable Price Per SQFT: At just $399 per square foot, this property represents a competitive price point in the Reno market

OVERVIEW

**PROPERTY LSISITNG PAGE LINK BELOW** This link provides cash flow analysis detail. Charming Turn-Key Multifamily Investment Near Midtown Reno and Renown Hospital Welcome to an excellent investment opportunity in the heart of Reno! This active listing features a well-maintained, turn-key multifamily property with six spacious 2 bed/1 bath units, ideal for investors looking for hassle-free ownership. Built in 1962, this property boasts a total of 4,760 square feet, with a solid gross annual income of $111,744. This multifamily property is a rare find in the sought-after Reno market, offering a blend of stability and convenience. For a comprehensive marketing package and detailed investment summary, please contact us. Don’t miss out on this fantastic opportunity to add a solid asset to your real estate portfolio.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$399 USD /SF

# OF UNITS

6

PRICE/UNIT

$316,667

CAP RATE

4.52%

% 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

1962

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,799 SF

ZONING

MF14

APN/PARCEL ID

013-141-17

ASK ABOUT THIS PROPERTY

Trevor RichardsonAddress IncomeMore Info
775-233-0754

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Trevor RichardsonAddress IncomeMore Info
775-233-0754

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