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155-165 Esmeralda Dr 12 Unit Apartment Building $2,600,000 ($216,667/Unit) Carson City, NV 89704
Investment Highlights
- Spacious two bed/one bath units
- Central heating system
- Two on-site laundry rooms
- Nicely finished apartments with breakfast bar areas
- Dual pane windows
- Spacious backyard areas
Executive Summary
Washoe Lake Apartments is a prime investment opportunity situated on 2.17 acres located in a supply constrained market with literally no other apartments surrounding it. The asset offers plenty of upside potential with bringing rents to market and with renovating unit interiors.
Property Facts
| Price | $2,600,000 | Building Class | C |
| Price Per Unit | $216,667 | Lot Size | 2.17 AC |
| Sale Type | Investment | Building Size | 11,901 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1986 |
| Apartment Style | Low-Rise | Parking Ratio | 4.49/1,000 SF |
| Zoning | LDS - Low Density Surburban | ||
| Price | $2,600,000 |
| Price Per Unit | $216,667 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.17 AC |
| Building Size | 11,901 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1986 |
| Parking Ratio | 4.49/1,000 SF |
| Zoning | LDS - Low Density Surburban |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $148,553 | |
| Land Assessment | $134,400 | Total Assessment | $282,953 |
Property Taxes
Parcel Numbers
Land Assessment
$134,400
Improvements Assessment
$148,553
Total Assessment
$282,953
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