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Investment Highlights
- Diverse Unit Mix
- Renovated Units
- Midtown and Wells Avenue District
- On-site Laundry and Parking
Executive Summary
The 6 at Claremont consists of 6 total units, on a large lot, bordering both the MidTown Reno and the Wells Avenue Districts. This asset offers a diverse unit mix including studios 1 bed, 2 bed and 3 bed units which is very appealing to buyers. Most units have been renovated to more modern finishes which include LVP flooring, upgraded fixtures, countertops, lighting and much more. The 6 at Claremont are market rate housing, located within the Wells rental submarket which offers great access to restaurants, downtown Reno, Renown Medical Center, retail centers, bus lines, and community events all just steps from their front door. This can also be sold in a portfolio sale with 1508 Locust St which is a 6 unit multifamily opportunity and also listed for sale.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,175,000 | Lot Size | 0.15 AC |
| Price Per Unit | $195,833 | Building Size | 4,208 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1962 |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Zoning | MF30 | ||
| Price | $1,175,000 |
| Price Per Unit | $195,833 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Lot Size | 0.15 AC |
| Building Size | 4,208 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Opportunity Zone |
Yes |
| Zoning | MF30 |
Amenities
Unit Amenities
- Disposal
- Microwave
- Heating
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Oven
- Range
- Dining Room
- Vinyl Flooring
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 2 | $1,650 | 700 - 1,200 |
| 2+1 | 1 | $1,360 | 700 |
| 1+1 | 2 | $1,025 | 650 |
| Studios | 1 | $750.00 | 400 |
1 1
Very walkable
80/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
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210 Claremont St - The Six at 210
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