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3596 Gypsum Rd
Reno, NV 89503
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Building Size | 5,408 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1979 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Lot Size | 0.24 AC | ||
| Zoning | R2, Reno | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 5,408 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R2, Reno |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Heating
- Kitchen
- Range
- Tub/Shower
- Carpet
- Grill
- Family Room
- Vinyl Flooring
SITE AMENITIES
- Laundry Facilities
- Storage Space
ABOUT 3596 GYPSUM RD , RENO, NV 89503
This turnkey cash-flowing updated garden apartment complex consists of 2 buildings for a total of 8 units. All units are 2 bed 1 bath. 6 of the 8 units have been updated since 2017. The updates included 3 new furnaces, 2 AC compressors, new flooring (vinyl plank and carpet), upgraded bathrooms, upgraded appliances, community laundry rooms, and a newly sealed parking lot. Located just minutes from UNR and close to the US Hwy 395. Estimated pro-forma CAP rate at 7.3%. DRIVE BY ONLY. DO NOT DISTURB TENANTS.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | $1,005 | 650 |
PROPERTY TAXES
| Parcel Number | 003-236-04 | Improvements Assessment | $67,037 |
| Land Assessment | $66,500 | Total Assessment | $133,537 |
PROPERTY TAXES
