530 Moran St
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530 Moran St
5 Unit Apartment Building $1,350,000 ($270,000/Unit) 4.62% Cap Rate Reno, NV 89502
Investment Highlights
- Off Wells ave - in the 'MidTown' zone of influence.
- Main house is a charming cottage with garage, basement, back yard. 4 plex has assigned parking, patios/balconies.
- Short distance to MidTown, Downtown, UNR, Renown Hospital
Executive Summary
DO NOT DISTURB TENANTS. Fully occupied 5 plex. vintage cottage in front. 4plex in back accessed by alley. Cottage has an unfinished basement, garage and driveway parking. 4 plex is 2 story. Upstairs units have balconies. Downstairs units have small, fenced yards. 4 plex has 1 parking spot for each unit. All units have w/d. Located in 'midtown adjacent', Wells Ave district, central Reno. Showings only after offer submitted contingent upon satisfactory viewing. Listing agent is also property manager.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| 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 (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Tub/Shower
- Carpet
- Wi-Fi
- Yard
- Basement
- Double Pane Windows
- Smoke Free
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,100 | 550 |
| 2+1 | 1 | $1,995 | 900 |
1 of 1
Walk Score ®
Walker's Paradise (90)
Bike Score ®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Number | 013-095-03 | Total Assessment | $118,062 (2024) |
| Land Assessment | $67,375 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $50,687 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
013-095-03
Land Assessment
$67,375 (2024)
Improvements Assessment
$50,687 (2024)
Total Assessment
$118,062 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
zoning
| Zoning Code | MF14 |
| MF14 |
-
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530 Moran St
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