15 Gentry Way - Apartments FOR SALE


Reno, NV 89502- Sierra Meadows
$3,000,000 USD
775-782-8777
15 Gentry Way, Reno, NV for Sale
$3,000,000 USD
Apartments - FOR SALE
1/19
null | 4% Cap Rate

15 Gentry Way
Reno, NV 89502
Sierra Meadows


HIGHLIGHTS

  • Reno Experience District
  • Busy Virgnia street area
  • 2-beds, 1-bath and all with laundry

OVERVIEW

Welcome to a prime income property located in the Reno Experience District (RED), nestled between two of the city's prominent casinos. This apartment complex presents an excellent opportunity for investors, featuring modern construction. The 2 bedroom, 1-bath 12-plex was built 2020 and has been meticulously maintained by the current owners. Recently, wrought iron security fencing with three programmable gates was added to ensure health and safety compliance. Each unit offers a refrigerator, and each unit has their own washer and dryer. Please drive-by and call the listing agents to schedule a walkthrough of at least one unit. Disclaimer: All information provided is deemed reliable but not guaranteed. Prospective buyers and investors are encouraged to conduct their own due diligence and verify all details independently. Listing agents currently manage the said investment and have the actual 2024 cash flow numbers. If you wish to review report, please call.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$311 USD /SF

# OF UNITS

12

PRICE/UNIT

$250,000

CAP RATE

4%

% LEASED

67%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2021

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

MUSV

APN/PARCEL ID

019-360-17

ASK ABOUT THIS PROPERTY

John FisherRE/MAX Gold - Carson ValleyMore Info
775-782-8777

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John FisherRE/MAX Gold - Carson ValleyMore Info
775-782-8777

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