747 Willow St 9 Unit Apartment Building $1,350,000 ($150,000/Unit) 5.48% Cap Rate Reno, NV 89502
EXECUTIVE SUMMARY
DCG is pleased to present 747 Willow for sale, a 9-unit multifamily complex West of Renown Campus, 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.
PROPERTY FACTS
| Price | $1,350,000 |
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| Cap Rate | 5.48% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 3,822 SF |
| Average Occupancy | 89% |
| No. Stories | 2 |
| Year Built | 1925 |
| Zoning | MUWM |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Refrigerator
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Fenced Lot
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
1 of 1
Walk Score®
Very Walkable (88)
Bike Score®
Biker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 012-141-17 | Improvements Assessment | $38,086 |
| Land Assessment | $92,750 | Total Assessment | $130,836 |
