This Multifamily Property is no longer advertised on LoopNet.com.

1185 W 2nd St
Reno, NV 89503
Urban West Apartments · Multifamily Property For Sale · 34 Units

Investment Highlights

  • Fully renovated with modern class A improvements
  • Stabilized asset that would be excellent exchange property
  • Fully renovated in 2017/2018
  • 3.64% assumable financing fixed for over 7 years
  • Riverwalk submarket
  • Upside in increasing rents and utility reimbursement

Property Facts

No. Units 34
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.34 AC
Building Size 17,160 SF
Average Occupancy 88%
No. Stories 2
Year Built/Renovated 1960/2018
Parking Ratio 1.98/1,000 SF
Zoning GC

Amenities

Unit Amenities

  • Balcony
  • Cable Ready
  • Dishwasher
  • Washer/Dryer
  • Heating
  • Kitchen
  • Granite Countertops
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Carpet
  • Wi-Fi
  • Yard
  • Deck
  • Double Pane Windows

Site Amenities

  • Corporate Suites

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 34 $1,300 546 - 624

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 010-043-07
  • 010-043-06
Land Assessment
$286,353
Improvements Assessment
$286,713
Total Assessment
$573,066
  • Listing ID: 26813896

  • Date on Market: 10/10/2022

  • Last Updated:

  • Address: 1185 W 2nd St, Reno, NV 89503

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