929 Wheeler Ave - Apartments FOR SALE


Reno, NV 89502
$1,500,000 USD
408-320-5509
929 Wheeler Ave, Reno, NV for Sale
$1,500,000 USD
Apartments - FOR SALE
1/51
null | 5.4% Cap Rate

929 Wheeler Ave
Reno, NV 89502


HIGHLIGHTS

  • Desirable Mid Town Location
  • Low Vacancy and Long Term tenants paying market rent
  • Remodeled in 2021

OVERVIEW

This exceptional multi-unit property is located in the heart of vibrant Midtown Reno, a sought-after neighborhood known for its eclectic charm, walkability, and thriving community atmosphere. Perfectly suited for investors or owner-occupiers, this property offers both comfort and convenience. Property can be sold with two other multi-unit buildings located in Mid-Town area: 512 Crampton St. Reno - $1.8M (6 units) 350-372 Wonder St. Reno - $3.5M (7 units)

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$466 USD /SF

# OF UNITS

5

PRICE/UNIT

$300,000

CAP RATE

5.4%

% 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

1932

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

MF30

APN/PARCEL ID

013-161-08

ASK ABOUT THIS PROPERTY

Michael KhesinIntempus RealtyMore Info
408-320-5509

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

Michael KhesinIntempus RealtyMore Info
408-320-5509

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