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61 S Park St
Reno, NV 89502
Park Villa Apartments · Multifamily Property For Sale
·
13 Units
Investment Highlights
- Projected 5.73% +/- 2021 cap rate
- Located in the federally designated opportunity zone
- Upside potential rents with in unit renovations
- Value add opportunity
- New roof in October 2020
Property Facts
| No. Units | 13 | Building Size | 4,576 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.31/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | MD-RD | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,576 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.31/1,000 SF |
| Zoning | MD-RD |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | - |
| 1+1 | 1 | - | - |
Property Taxes
| Parcel Number | 012-112-05 | Improvements Assessment | $57,127 |
| Land Assessment | $48,388 | Total Assessment | $105,514 |
Property Taxes
Parcel Number
012-112-05
Land Assessment
$48,388
Improvements Assessment
$57,127
Total Assessment
$105,514
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