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1045 Riverside Dr
Reno, NV 89503
Riverside Manor · Multifamily Property For Sale · 18 Units

Investment Highlights

  • Exceptional location across from the Truckee River within Reno’s Riverwalk district, featuring nine different parks and public plazas 
  • Strong value-add opportunity from continued renovation
  • Convenient, professionally managed location close to downtown Reno, surrounded by numerous employers, retail, restaurants, parks and walking trails
  • 10 of 18 units have been recently renovated, featuring modern kitchens and stainless steel appliances, updated bathrooms, and other improvements
  • Includes extra land currently used for parking, a rarity in the submarket
  • Booming job and population growth resulting from new employers and in-migration to the region

Property Facts

No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.44 AC
Building Size 9,679 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1934/2022
Parking Ratio 1.86/1,000 SF
Zoning MF30

Amenities

Unit Amenities

  • Kitchen
  • Oven
  • Range

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 10 - -
1+1 8 - -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 011-082-24
  • 011-082-10
Land Assessment
$204,768
Improvements Assessment
$114,444
Total Assessment
$319,212
  • Listing ID: 28922626

  • Date on Market: 7/5/2023

  • Last Updated:

  • Address: 1045 Riverside Dr, Reno, NV 89503

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