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650 Denslowe Dr

4 Unit Apartment Building $750,000 ($187,500/Unit) 4.75% Cap Rate Reno, NV 89512

Apartment Buildings Nevada Reno 650 Denslowe Dr, Reno, NV 89512

Executive Summary

DCG is pleased to present 650 Denslowe Dr. for sale, a 4-unit multifamily complex East of the University of Nevada, Reno, with easy access to major thoroughfares, has the potential for rent increases, and close proximity to Wells Ave, I-80, and I-395 on/off ramps. This property can be combined with two other multifamily Units as a portfolio. Please get in touch with us for more information.

Attachments

650 Denslowe

Property Facts

Price $750,000 Apartment Style Low Rise
Price Per Unit $187,500 Building Class B
Sale Type Investment Lot Size 0.14 AC
Cap Rate 4.75% Building Size 2,966 SF
No. Units 4 No. Stories 2
Property Type Multifamily Year Built 2010
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $750,000
Price Per Unit $187,500
Sale Type Investment
Cap Rate 4.75%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.14 AC
Building Size 2,966 SF
No. Stories 2
Year Built 2010
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 - -
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 008-012-21
  • 008-012-23
  • 008-012-22
 Improvements Assessment $89,326
Land Assessment $157,063 Total Assessment $246,389

PROPERTY TAXES

Parcel Numbers
Multiple
  • 008-012-21
  • 008-012-23
  • 008-012-22
Land Assessment
$157,063
Improvements Assessment
$89,326
Total Assessment
$246,389

zoning

Zoning Code MF30
MF30
(775) 850-3144

  • Listing ID: 33950516

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: 650 Denslowe Dr, Reno, NV 89512

More public record information on 650 Denslowe Dr, Reno, NV 89512

The Downtown Multifamily Property at 650 Denslowe Dr, Reno, NV 89512 is currently available. Contact Dickson Commercial Group for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

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650 Denslowe Dr, Reno, NV for sale Building Photo- Image 1 of 6
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650 Denslowe Dr
(775) 850-3144 x

650 Denslowe Dr

1/2

Chris Shanks, CCIM

(775) 850-3144

(775) 850-3144

Josh Menante

(775) 527-6186

(775) 527-6186

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