Gardnerville 4-Unit Multifamily Investment 608 Crossing Cir 4 Unit Apartment Building $1,499,000 ($374,750/Unit) 5.40% Cap Rate Gardnerville, NV 89410

Exceptional opportunity to acquire a fully leased, income-producing four-unit multifamily property in the desirable Gardnerville/Carson Valley market. This well-maintained investment offers immediate cash flow with stable rental income and strong long-term appreciation potential in one of Northern Nevada’s most sought-after communities.
The property consists of four residential units currently averaging approximately $2,150 per month in rental income, providing an annual gross income of approximately $103,200. Located just minutes from shopping, schools, healthcare, employment centers, and U.S. Highway 395, the property offers convenient access to Carson City, Reno, and Lake Tahoe.
With limited multifamily inventory and continued demand for quality rental housing throughout Douglas County, this asset is well positioned for investors seeking a stabilized property with long-term upside. Whether expanding an existing portfolio or completing a 1031 exchange, this fourplex presents an outstanding opportunity to acquire a quality multifamily investment in a high-demand Northern Nevada market.
Highlights
* Fully leased, income-producing fourplex
* Average rents of approximately $2,150 per unit
* Gross annual rental income of approximately $103,200
* Desirable Gardnerville, Nevada location
* Strong rental demand and low multifamily inventory
* Convenient access to Carson City, Reno, and Lake Tahoe
* Excellent opportunity for investors and 1031 exchange buyers