445 Wright Way
Sparks, NV 89431
Land For Sale · 0.21 AC

Portfolio Sale (all on same parcel): Includes 1 triplex ((1) 2+1 and (2) 1+1), 1 single-family home, 1 commercial-retail building and 1 business (operated in the commercial building). Tri-plex and Single-family home combined are offered at a 6.3% CAP rate. Commercial building is priced based upon similar comps. For questions and/or pricing information about Nemo's Market (the business), contact the business owners. Call listing agent for owners contact information. Additional information about the real property can be seen as follows: Triplex/single family listing is in the NNRMLS under MLS # 240014209. Commercial building is in the NNRMLS under MLS # 240014208. *** List Price is for all real property (Triplex, Single Family, and Commercial building) and does not include the price of the business (sold by owners and simultaneous with the real property). *** This offering is ideal for an owner/operator. If you want an investment that offers strong income and at the same time diversity for portfolio safety, this could be what you are looking for. Recurring, contractual and growing income can be realized from residential leases for the tri-plex and the single-family properties, while at the same time collecting retail sales income from the continued operation of a community convenience store, Nemo's Market in Sparks, NV. NOTE: Cap rate of 5.3% for commercial building does not include the cost of the business which is for sale by owner and negotiated separately by the owner. Gross Square Footage (5207sf) on this listing is the sum of the commercial building (1440sf) and the two rentals. Triplex is 1612sf & the single family is 2155sf (1147sf main floor + 1008sf in finished basement). Property taxes is for all real property on the single parcel. To see the Washoe County NV records for this offering, search for 431 Wright Way.