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420 Lee St

16 Unit Apartment Building $3,675,000 ($229,688/Unit) 6.73% Cap Rate Carson City, NV 89706

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Executive Summary

High rental demand in the Carson City Submarket
All 2 bed 1 bath units
Recent Interior improvements made

Property Facts

Price	$3,675,000	Building Class	C
Price Per Unit	$229,688	Lot Size	0.47 AC
Sale Type	Investment	Building Size	11,200 SF
Cap Rate	6.73%	Average Occupancy	100%
No. Units	16	No. Stories	2
Property Type	Multifamily	Year Built	1964
Property Subtype	Apartment	Parking Ratio	1.78/1,000 SF
Apartment Style	Garden

Price	$3,675,000
Price Per Unit	$229,688
Sale Type	Investment
Cap Rate	6.73%
No. Units	16
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Garden
Building Class	C
Lot Size	0.47 AC
Building Size	11,200 SF
Average Occupancy	100%
No. Stories	2
Year Built	1964
Parking Ratio	1.78/1,000 SF