Log In/Sign Up
Your email has been sent.
630 Sinclair St 8 Unit Apartment Building $1,750,000 ($218,750/Unit) 4.87% Cap Rate Reno, NV 89501
Investment Highlights
- Outstanding MidTown Location & Nearby Redevelopment
- Upgraded Appliances, Granite Countertops, & Cabinets
- Luxury, Modern Finishes
- New Bathroom Vanities & Shower Surrounds
Executive Summary
Marcus & Millichap is proud to present for sale 630 Sinclair Street, an eight-unit multifamily investment property located in the heart of MidTown. The Asset has been well-cared for by the current ownership, having undergone full renovation to match the MidTown vibe. The unit mix consists of 8 studio apartments with new LVP flooring, light fixtures, reclaimed wood accent walls, updated cabinets & stone countertops, undermount sinks, and in-unit washer & dryers. The units feature a full stainless-steel kitchen appliance package, wall-unit A/Cs, and gas heater, as well as new bathroom vanities and shower surrounds. The asset offers off-street parking, a fence-in courtyard, mature landscaping, and vibrant murals on the western face and eastern fencing.
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
| Price | $1,750,000 | Building Class | C |
| Price Per Unit | $218,750 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 3,484 SF |
| Cap Rate | 4.87% | Average Occupancy | 97% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1964/2022 |
| Property Subtype | Apartment | Parking Ratio | 2.29/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | MUSV | ||
| Price | $1,750,000 |
| Price Per Unit | $218,750 |
| Sale Type | Investment |
| Cap Rate | 4.87% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,484 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2022 |
| Parking Ratio | 2.29/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MUSV |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Stainless Steel Appliances
Site Amenities
- Courtyard
- Picnic Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | 435 |
1 1
Very walkable
80/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 011-235-23 | Total Assessment | $122,890 |
| Land Assessment | $87,500 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $35,390 | Tax Year | 2026 |
Property Taxes
Parcel Number
011-235-23
Land Assessment
$87,500
Improvements Assessment
$35,390
Total Assessment
$122,890
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
630 Sinclair St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.