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604 Crossing Circle - 8 plex 604 Crossing Cir 8 Unit Apartment Building $2,998,000 ($374,750/Unit) 4.60% Cap Rate Gardnerville, NV 89410
Investment Highlights
- Excellent 1031 Exchange or Portfolio Acquisition Opportunity
- Prime Gardnerville Location in the Growing Carson Valley Market
- New Construction with Private Attached Garages
Executive Summary
This offering presents the opportunity to acquire a newly constructed eight-unit multifamily apartment building located within the desirable Crossing Circle development in Gardnerville, Nevada. Designed with today’s renter in mind, the property features spacious residences, attached garages, modern construction, and a location within one of Northern Nevada’s strongest rental markets.
Situated in the heart of Carson Valley, the property provides convenient access to Carson City, Lake Tahoe, Reno, healthcare, shopping, and major employment centers. Continued population growth, limited multifamily inventory, and strong rental demand position this asset as an attractive long-term investment.
Whether purchased as a standalone investment or together with adjacent multifamily assets, the property offers investors an opportunity to acquire a high-quality apartment building in an established and growing market.
Situated in the heart of Carson Valley, the property provides convenient access to Carson City, Lake Tahoe, Reno, healthcare, shopping, and major employment centers. Continued population growth, limited multifamily inventory, and strong rental demand position this asset as an attractive long-term investment.
Whether purchased as a standalone investment or together with adjacent multifamily assets, the property offers investors an opportunity to acquire a high-quality apartment building in an established and growing market.
Financial Summary (Pro Forma - 2026) 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 |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) 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 | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Oven
- Range
- Carpet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 8 | $2,150 | 1,440 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Contact
-
Matthew Carter - Ink Realty
1 of 5
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Matterport 3D Tour
Photos
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Street
Map
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Contact the Sale Advisor
604 Crossing Circle - 8 plex | 604 Crossing Cir