This Multifamily Property is Off-Market.

1365/1395 Stardust Street
Reno, NV 89503 ·

16 Units · Multifamily For Sale

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Stardust Apartments In NW Reno, NV

Price N/A Commission Split 2.5%
No. Units 16 Cap Rate 8.10%
Building Size 12,544 SF No. Stories 2
Property Type Multifamily Year Built 1964
Property Sub-type Garden/Low-Rise Lot Size 0.37 AC
Property Use Type Investment APN / Parcel ID 00616504, 00616505
Listing ID: 17846688 Date Created: 09/25/2012 Last Updated: 08/15/2014

Description

Great 16 unit apartment building with some of the units having great views of the Reno skyline and the sierra mountains. It is approximately 2.23 miles from the University of Nevada Reno and features 2 separate 8-plex units which consist of six two bedroom units, nine one bedroom units, and one three bedroom unit. Great rental history with many of the tenants having been in the building for multiple years. Some of the other features include 6 covered parking spots, 8 uncovered parking spots, ample street parking, walking distance to shopping and entertainment, owner owned coin op laundry units, all units have window AC units, and tenants pay gas, electric and owners pay water, sewer, and garbage.

The subject property is located at 1365/1395 Stardust St in Reno, NV and is located just off the Keystone and I-80 off ramp.

Highlights

  • Well located property that is not far from the University of Nevada Reno
  • Close access to I-80
  • Many long term tenants
  • Owner owned coin op laundry units
  • Walking distance to shopping and entertainment
  • Some units have city and mountain views

Research

1365/1395 Stardust Street, Reno, NV 89503 (Washoe County)

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