This Multifamily Property is Off-Market.

937 N Main
Tonopah, NV 89049 ·

114 Units · Multifamily For Sale

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Tonopah Apartments

Price N/A Cap Rate 10%
No. Units 114 Gross Rent Multiplier 5
Building Size 80,000 SF Occupancy 70%
Property Type Multifamily No. Stories 2
Property Sub-type Mid/High-Rise Year Built 1982
Property Use Type Investment Lot Size 140,000 SF
Commission Split 3%
Listing ID: 17109810 Date Created: 04/08/2011 Last Updated: 04/03/2012

Description

114 unit apartment complex - Fitness Center - Video Library

Seller Financing 20% down, 6% interest

* SOLD AS IS - RENT ROLLS AVAILABLE UPON VIEWING

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* Basic Property info


- 4 bldgs ( 2 blds 36 units, 1 bldg 20 units, 1 bldg 22 units )


- 54 1br ( 600 sq ft ) , 60 2 br ( 750 sq ft )


$ 335 / month for 1br


$ 395 / month for 2 br


- 80 usable units of the 114 units


- Unusable units ( 34 )


20 units need minor repair


14 units need major repair

* 75 units occupied

Rural mining, ranching and military town.

Research

937 N Main, Tonopah, NV 89049 (Nye County)

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