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- LoopNet Team
127-131 E Arroyo St
Reno, NV 89502
Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- HEART OF MIDTOWN! ALLWAYS IN HIGH DENAND......0 VACANCY.
PROPERTY FACTS
| No. Units | 7 | Building Size | 4,491 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1937/2013 |
| Building Class | C | Parking Ratio | 1.78/1,000 SF |
| Lot Size | 0.32 AC | ||
| Zoning | CC - Community Commercial | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 4,491 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1937/2013 |
| Parking Ratio | 1.78/1,000 SF |
| Zoning | CC - Community Commercial |
AMENITIES
UNIT AMENITIES
- Cable Ready
ABOUT 127-131 E ARROYO ST , RENO, NV 89502
Here are the particulars on the 2 parcels in THE HEART OF MIDTOWN. First both parcels are zoned CC/Community Commercial, these properties could be converted to a commercial use as many in the area have been. All units are far below market rents. All 5 structures have completely new roofs, along with 135 E Arroyo which was also remodeled, new fencing, new wood flooring in units, granite counters in 131 & 131. Most all units have new appliances, along with other upgrades and alley access. These properties are located in "THE OPPORTUNITY ZONE" These units are significantly under market rents!!!!!
PROPERTY TAXES
| Parcel Number | 014-073-20 | Improvements Assessment | $29,136 |
| Land Assessment | $62,598 | Total Assessment | $91,734 |
PROPERTY TAXES
