Historical Multifamily Sale Listing - Brown Street Apartments

Multifamily For Sale

This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Multifamily For Sale, Carson City, NV or Nevada

Brown Street Apartments

1615 Brown St., Carson City, NV 89701

N/A

14 Units | Multifamily

  • Print

Brown Street Apartments

Multifamily Property - Off Market

Price:
N/A
No. Units:
14
Building Size:
12,644 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
7.12%
Lot Size:
0.92 AC
Listing ID
15013169
Last Updated
over 1 year ago

Highlights

  • Multi-Family Portfolio
  • Above Market Rents

Description

This portfolio consists of a 10-unit apartment bldg and 2 duplexes on 3 lots. The apartment bldg has eight 2 bdrm, 1.5 ba units and two 1 bath studios, each with a carport. This Class "C" property has lower than average total expenses. Due to a recent fire the bldg was completely repainted & a new roof installed. In addition, 2 units were completely remodeled. Taxes shown were calculated and stated by the Tax Assessor's office on 12/15/06. Each duplex consists of a 3 bdrm, 2 ba, 1 car garage unit and a 2 bdrm, 1 ba, 1 car garage unit. All units are fully occupied with above market rents. Tenants pay all utilities except water/sewer. These properties have a strong history of 100% occupancy. Owner has obtained approvals to build an additional 2-3 unit building spanning across the two lots: APN #008-352-02 and APN #008-352-03.

Multi-Family area in East Carson on the corner of N. Edmonds.

Map of 1615 Brown St., Carson City, NV 89701 (Carson City County)

Research for 1615 Brown St., Carson City, NV 89701 (Carson City County)

  • Demographics – Population, income & other demographics near 1615 Brown St.
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building
Created 2/21/2007