670 Denslowe Dr - 4 Unit Apartment Building 2,966 SF Flex Condo Unit Offered at $1,096,093 CAD in Reno, NV 89512




INVESTMENT HIGHLIGHTS
- 4-unit multifamily complex East of University of Nevada
- Potential for rent increases
- Convenience location
EXECUTIVE SUMMARY
670 Denslowe Dr 4 units come equipped with a washer, dryer, refrigerator, and built-in microwave. The convenient location of the apartment, within a short 10-minute walk to the University of Nevada, Reno(UNR), makes it a perfect living space for students or employees of the university. The apartment is located in the Washoe School District, with the nearest schools being Sierra Vista Elementary School, Traner Middle School, and Hug High School.
PROPERTY FACTS
1 UNIT AVAILABLE
Unit 4
Unit Size | 2,966 SF |
Price | $1,096,093 CAD |
Price Per SF | $369.55 CAD |
Condo Use | Flex |
Sale Type | Investment |
Cap Rate | 4.75% |
NOI | $52,064.44 CAD |
No. Parking Spaces | 4 |
Sale Conditions | 1031 Exchange |
APN/Parcel ID | 008-013-09 |
DESCRIPTION
670 Denslowe Dr 4 units come equipped with a washer, dryer, refrigerator, and built-in microwave.
The convenient location of the apartment, within a short 10-minute walk to the University of Nevada, Reno(UNR), makes it a perfect living space for students or employees of the university.
The apartment is located in the Washoe School District, with the nearest schools being Sierra Vista Elementary School, Traner Middle School, and Hug High School.
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
2+1 | 4 | $1,665 CAD | 760 |