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901 Virbel Ln
Reno, NV 89502
Multifamily Property For Sale
·
6 Units
Property Facts
| No. Units | 6 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 4,320 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1978 |
| Building Class | C | Parking Ratio | 1.85/1,000 SF |
| Zoning | MUCC | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 4,320 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 1.85/1,000 SF |
| Zoning | MUCC |
Amenities
Unit Amenities
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Views
- Carpet
- Double Pane Windows
- Family Room
- Linen Closet
- Vinyl Flooring
About 901 VIRBEL LN , RENO, NV 89502
Opportunity to own an updated cash-flowing apartment building in Reno. This turnkey 7.1% CAP rate updated apartment complex consists of 1 building and a total of 6 two bed units. Five of the six units have been updated since 2017. The updates include: new flooring (vinyl plank, tile and carpet), upgraded bathrooms, upgraded appliances, exterior paint, and a newly paved parking lot. Located close to shops, schools, parks, restaurants and US Hwy-395.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $912.50 | 720 |
Property Taxes
| Parcel Number | 020-312-08 | Improvements Assessment | $49,442 |
| Land Assessment | $62,300 | Total Assessment | $111,742 |
Property Taxes
Parcel Number
020-312-08
Land Assessment
$62,300
Improvements Assessment
$49,442
Total Assessment
$111,742
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