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

1590 Lewis St
Reno, NV 89502
Elm Glen Condominiums · Multifamily Property For Sale · 46 Units

Investment Highlights

  • A Well-Built Condominium Complex with Upside and a Value-Add Opportunity
  • Extremely Favorable Unit Mix of One-, Two- and Three-Bedroom Apartments
  • An Average of $380/Unit Below Market, With Additional Upside Through Implementing an Interior Improvement Program

Property Facts

No. Units 46
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.12 AC
Building Size 39,744 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1964/2023
Parking Ratio 1.54/1,000 SF
Zoning MU - 250 - Condo Or T

Amenities

Unit Amenities

  • Balcony
  • Cable Ready
  • Disposal
  • Deck

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 $650.00 624
2+1 28 $761.00 870
3+1 17 $822.00 936

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 012-331-05
  • 012-331-08
  • 012-331-04
  • 012-331-21
  • 012-331-19
  • 012-331-00
  • 012-331-01
  • 012-331-02
  • 012-331-13
  • 012-331-18
  • 012-331-09
  • 012-331-10
  • 012-331-11
  • 012-331-20
  • 012-331-06
  • 012-332-17
  • 012-331-22
  • 012-331-14
  • 012-331-07
  • 012-331-17
  • 012-331-15
  • 012-331-16
  • 012-331-03
  • 012-331-12
Land Assessment
$177,100
Improvements Assessment
$240,428
Total Assessment
$417,528
  • Listing ID: 26140082

  • Date on Market: 7/11/2022

  • Last Updated:

  • Address: 1590 Lewis St, Reno, NV 89502

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