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415-427 N Taylor St

6 Unit Apartment Building $1,651,918 CAD ($275,320 CAD/Unit) 4.33% Cap Rate Fallon, NV 89406

Executive Summary

Great investment. Zero vacancy rate. New roof in 2016. Will entertain all offers. Make your best.

Financial Summary (Actual - 2020)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $96,272 $16.10
Other Income - -
Vacancy Loss - -
Effective Gross Income $96,272 $16.10
Taxes $4,394 $0.73
Operating Expenses $32,255 $5.39
Total Expenses $36,649 $6.13
Net Operating Income $59,623 $9.97

Financial Summary (Actual - 2020)

Gross Rental Income (CAD)
Annual $96,272
Annual Per SF $16.10
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $96,272
Annual Per SF $16.10
Taxes (CAD)
Annual $4,394
Annual Per SF $0.73
Operating Expenses (CAD)
Annual $32,255
Annual Per SF $5.39
Total Expenses (CAD)
Annual $36,649
Annual Per SF $6.13
Net Operating Income (CAD)
Annual $59,623
Annual Per SF $9.97

Property Facts

Price $1,651,918 CAD
Price Per Unit $275,320 CAD
Sale Type Investment
Cap Rate 4.33%
Sale Conditions 1031 Exchange
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.33 AC
Building Size 5,980 SF
Average Occupancy 100%
No. Stories 2
Year Built 1987
Parking Ratio 0.33/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 2 - -
3+2 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
001-024-18
Land Assessment
$32,260 CAD (2024)
Improvements Assessment
$180,359 CAD (2024)
Total Assessment
$212,620 CAD (2024)
Annual Taxes
$4,394 CAD ($0.73 CAD/SF)
Tax Year
2020

zoning

Zoning Code RC
RC
  • Listing ID: 22514813

  • Date on Market: 2021-03-19

  • Last Updated:

  • Address: 415-427 N Taylor St, Fallon, NV 89406

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