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777 W 5th St
Reno, NV 89503
Plaza Apartments · Multifamily Property For Sale · 33 Units

INVESTMENT HIGHLIGHTS

  • Extremely well located asset near the Neon Line District
  • Many units recently renovated with upside to renovate the remaining units
  • Close to new retail including In and Out Burger, Cracker Barrel, Starbucks, and Panera Bread
  • Diverse unit mix with 7 studios, 14 one bed units, and 12 two bed units
  • New windows and new HVAC units throughout

PROPERTY FACTS

No. Units 33
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.69 AC
Building Size 20,402 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1962/2023
Parking Ratio 1.96/1,000 SF
Zoning MD-NWQ - Mixed Used

AMENITIES

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Oven
  • Range

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 7 $972.50 600
1+1 12 $1,150 750
2+1 14 $1,338 1,000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
007-242-24
Land Assessment
$291,060
Improvements Assessment
$196,189
Total Assessment
$487,249
  • Listing ID: 29875946

  • Date on Market: 10/25/2023

  • Last Updated:

  • Address: 777 W 5th St, Reno, NV 89503

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