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145-149 S Broadway St
Fallon, NV 89406
Multifamily Property For Sale · 3 Units

PROPERTY FACTS

No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 3,448 SF
Average Occupancy 100%
No. Stories 2
Year Built 1988
Parking Ratio 0.87/1,000 SF
Zoning C2

AMENITIES

SITE AMENITIES

  • Courtyard

ABOUT 145-149 S BROADWAY ST , FALLON, NV 89406

Very nice TRIPLEX in growing downtown Fallon Nevada. Very close to (FALLON NAVAL AIR STATION) home of (TOP GUN NAVAL FLIGHT TRAINING) . Very low vacancy factors with little new construction in area. Providing years of solid rental income. Unit mix is 2 x 2 BEDROOM 1.5 BATH 1 CAR GARAGE. 1 X 3 BEDROOM 1.5 BATH 1 CAR GARAGE. Under market rents provides for true value ad opportunity. Recent sales comp of a similar triplex sold for $450,000. on 09/14/2018. Recent rent comps are show a 3 bedroom 2 bath 1 car garage unit renting at $1295 per month. Rental vacancy factors are 2-3% basically move in move out with most area property managers have a long waiting lists. These are nice units close to downtown, shopping, schools, churches, parks & more. Only 51 minutes to Tesla Gigafactory per Google maps see photo attached. Financials available upon acceptance.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 2 - 1,149
3+2 1 - 1,149

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
001-545-13
Land Assessment
$19,950
Improvements Assessment
$56,529
Total Assessment
$76,479
  • Listing ID: 14264582

  • Date on Market: 11/2/2018

  • Last Updated:

  • Address: 145-149 S Broadway St, Fallon, NV 89406

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