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29 S Park St
Reno, NV 89502
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Offered Free and Clear
- Renovated four units have been renovated with new luxury vinyl plank (LVP), quartz countertops, shaker kitchen cabinets, stainless steel appliances
- Exponential growth to downtown Reno with mixed-use development, major employment, and the University of Nevada, Reno
- Priced below replacement costs at $225,000 per unit
- Value-add potential through rent growth and adding RUBS
Property Facts
| No. Units | 4 | Building Size | 2,940 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1910/1982 |
| Building Class | C | Parking Ratio | 0.14/1,000 SF |
| Lot Size | 0.06 AC | ||
| Zoning | MUDR - MD – Redevelopment District | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 2,940 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built/Renovated | 1910/1982 |
| Parking Ratio | 0.14/1,000 SF |
| Zoning | MUDR - MD – Redevelopment District |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 580 |
| 2+1 | 1 | - | 640 |
| 2+2 | 2 | - | 860 |
Property Taxes
| Parcel Number | 012-015-05 | Improvements Assessment | $39,243 |
| Land Assessment | $70,000 | Total Assessment | $109,243 |
Property Taxes
Parcel Number
012-015-05
Land Assessment
$70,000
Improvements Assessment
$39,243
Total Assessment
$109,243
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