422 California Ave | Reno, NV 89509
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- LoopNet Team
422 California Ave
Reno, NV 89509
Cal Ave Studios · Multifamily Property For Sale
·
36 Units
INVESTMENT HIGHLIGHTS
- New Construction, Awarded Best New Home Product for Multifamily Market Rent by the Builders Association of Northern Nevada
- Premier Location - Walking Distance to Major Food & Entertainment Venues
- Strong & Growing Location with Continued Outperforming Rent Growth & Demand
- Legacy Asset - Unique One of a Kind Asset in Terrific Submarket
PROPERTY FACTS
| No. Units | 36 | Building Size | 19,749 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2021 |
| Building Class | A | Parking Ratio | 0.46/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | MD-RD | ||
| No. Units | 36 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | A |
| Lot Size | 0.23 AC |
| Building Size | 19,749 SF |
| Average Occupancy | 94% |
| No. Stories | 3 |
| Year Built | 2021 |
| Parking Ratio | 0.46/1,000 SF |
| Zoning | MD-RD |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Granite Countertops
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Island Kitchen
- Loft Layout
- Patio
- Smoke Free
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Wi-Fi
- Bicycle Storage
- Community-Wide WiFi
- Online Services
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 36 | $1,825 | 383 - 607 |
PROPERTY TAXES
| Parcel Number | 011-213-24 | Improvements Assessment | $717,168 |
| Land Assessment | $352,800 | Total Assessment | $1,069,968 |
PROPERTY TAXES
Parcel Number
011-213-24
Land Assessment
$352,800
Improvements Assessment
$717,168
Total Assessment
$1,069,968
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