542 7th St | Sparks, NV 89431
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- LoopNet Team
542 7th St
Sparks, NV 89431
542 Flats 2024 Construction · Multifamily Property For Sale
·
14 Units
INVESTMENT HIGHLIGHTS
- Low Maintenance 2024 Construction
- Close to I-80 (Short commute to TRIC)
- 100% Leased
- 9 large one bed one bath units and 5 two bed 2 bath units
- Excellent Exchange Replacement Property
PROPERTY FACTS
| No. Units | 14 | Building Size | 10,063 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2024 |
| Building Class | B | Parking Ratio | 2.38/1,000 SF |
| Lot Size | 0.27 AC | ||
| Zoning | MUD - Mixed Use Development Multi-Family | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.27 AC |
| Building Size | 10,063 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2024 |
| Parking Ratio | 2.38/1,000 SF |
| Zoning | MUD - Mixed Use Development Multi-Family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Double Pane Windows
- Island Kitchen
- Linen Closet
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 9 | $1,450 | 518 - 594 |
| 2+2 | 5 | $1,700 | 860 |
PROPERTY TAXES
| Parcel Number | 033-242-14 | Improvements Assessment | $548,451 |
| Land Assessment | $82,845 | Total Assessment | $631,296 |
PROPERTY TAXES
Parcel Number
033-242-14
Land Assessment
$82,845
Improvements Assessment
$548,451
Total Assessment
$631,296
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