5100-1 Grey Van Rd - Specialty FOR SALE


Reno, NV 89510
$1,990,000 USD
775-223-4795
5100-1 Grey Van Rd, Reno, NV for Sale
$1,990,000 USD
Specialty - FOR SALE
1/19
null | 6.9% Cap Rate

5100-1 Grey Van Rd
Reno, NV 89510


HIGHLIGHTS

  • Airstrip
  • Residential studio cabin.

OVERVIEW

Indoor Roping Arena (metal frame): 28,800 SF with office space, breakout room, tech room, and 14 horse stalls, built-in 2007. Single Family Home: 2,052 SF with a 3 BR, 2 bath, and detached garage, built in 2003. Hangar: 4,640 Sf divided into, a +/- 3,800 SF storage area, and 850 SF +/- residential unit of 2 BR, 2 bath & a den, built in 1994. Tenant occupied with 10 year lease (with 90 days option to terminate). Property is entitled to 2 acre feet annually from the domestic well. 2 fenced pens and 2 round-pin arenas . 31 horse stalls with a heated water delivery system. Residential studio cabin. Septic & Well Large pond Airstrip Income: Monthly base rent $10,500 + $1,000 NNN

FOR SALE DETAILS

PRICE

$1,990,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

6.9%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

EQUISTERIAN PROPERTY

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

113.23 AC

LAND SF

4,932,262 SF

ZONING

GRA

APN/PARCEL ID

076-350-09

ASK ABOUT THIS PROPERTY

YaYa JackobyCompass Real EstateMore Info
775-223-4795

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YaYa JackobyCompass Real EstateMore Info
775-223-4795

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