542 Flats is a unique brand-new construction 14-unit multifamily asset located between the Sparks Marina and Victorian Square. This property offers a buyer a warrantied new modern design building with a popular unit mix. 9 one bedroom one-bathroom units, 5 two-bedroom two-bathroom units each featuring new washer dryer combos, larger closets, shaker style kitchen cabinets, quartz counters, ceiling fans, mini splits, and much more. The two-bedroom units are well designed to look and feel like a stand-alone house with larger kitchens with islands, dining spaces, private living areas, and class A fixtures throughout the unit. The asset has two buildings the main building houses 12 total units and the duplex building house 2 total units. The duplex building has high ceilings and a wraparound fenced yard space. The common area is designed to enjoy the private outdoor space for all Northern Nevada’s great weather. Great opportunity to acquire a well-built, low maintenance asset and is a great exchange property for an investor looking to reset their depreciation schedule and own multifamily units in a landlord friendly state. 542 Flats is located in Sparks, NV with easy access to the Sparks Marina, Victorian Square, Interstate 80 and major thoroughfares like Pyramid Hwy and McCarran Blvd. This popular location provides easy access to all of Northern Nevada’s events like Hot August Nights, The Best In The West Rib Cookoff, Major Concerts at the outdoor stadium, and is a 25 minute commute to the Tahoe Reno Industrial Center.