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1418 E St
Sparks, NV 89431
1418 E Street · Multifamily Property For Sale
·
4 Units
Investment Highlights
- 2005 built Triplex
- Turn Key
- Modern floor plan
- Close to Victorian Square
Property Facts
| No. Units | 4 | Building Size | 3,009 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2005 |
| Building Class | B | Parking Ratio | 1.99/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | MUD - Mixed use | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 3,009 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2005 |
| Parking Ratio | 1.99/1,000 SF |
| Zoning | MUD - Mixed use |
Amenities
Unit Amenities
- Dishwasher
- Microwave
- Tile Floors
- Range
- Tub/Shower
- Double Pane Windows
- Garden
Site Amenities
- Laundry Facilities
About 1418 E ST , SPARKS, NV 89431
Updated four-plex near Victorian Square, Sparks with 6.1% pro-forma CAP rate. Newer tri-plex built in 2005 consists of a 2 bed 2 bath upstairs apartment, two 1 bed 1 bath downstairs apartments and a laundry. Each unit has an open floor plan and spacious bedrooms. The front house is a 2 bed 1 bath home with hardwood floor. This home has been updated over the years and retains the charm and appeal of a 1940s home. These units have been meticulously maintained and cared for. Location, location, location… Close to 20 restaurants, a movie theater, casino, Victorian Square, Tesla & Panasonic shuttle pick-up point and the highway. 1418 E St is a turn key investment property with huge potential!! Pro-forma CAP rate is 6.1%.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $1,350 | 857 |
| 2+2 | 1 | $1,275 | 1,000 |
| 1+1 | 2 | $950.00 | 500 |
Property Taxes
| Parcel Number | 032-082-07 | Improvements Assessment | $90,509 |
| Land Assessment | $49,000 | Total Assessment | $139,509 |
Property Taxes
Parcel Number
032-082-07
Land Assessment
$49,000
Improvements Assessment
$90,509
Total Assessment
$139,509
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