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Clear Acre Condos

7 Multifamily Properties Offered at $1,295,000 in Reno, NV

Apartment Buildings Nevada Reno Clear Acre Condos

Investment Highlights

  • Updated units
  • Investment Opportunity

Executive Summary

RE/MAX Commercial is pleased to present the Clear Acre Portfolio for sale. A fully occupied 8 unit portfolio comprised of 7: 1 bed 1 bath units and 1: 2 bed 1 bath unit. All units have been updated recently, including LVP flooring and updated cabinets. Please do not disturb current tenants.

Attachments

CA Flyer

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income -
Vacancy Loss -
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price $1,295,000 Status Active
Price / SF $229.85 / SF Number of Properties 7
Sale Conditions Bulk/Portfolio Sale Individually For Sale 0
Cap Rate 5.54% Total Building Size 5,634 SF
Sale Type Investment Total Land Area 2.45 AC
Price $1,295,000
Price / SF $229.85 / SF
Sale Conditions Bulk/Portfolio Sale
Cap Rate 5.54%
Sale Type Investment
Status Active
Number of Properties 7
Individually For Sale 0
Total Building Size 5,634 SF
Total Land Area 2.45 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3929 Clear Acre Ln, Reno, NV 89512 Multifamily 1,315 SF 1979 -
3939 Clear Acre Ln, Reno, NV 89512 Multifamily 650 SF 1979 -
3950 Clear Acre Ln, Reno, NV 89512 Multifamily 963 SF 1979 -
3941 Clear Acre Ln, Reno, NV 89512 Multifamily 680 SF 1979 -
3913 Clear Acre Ln, Reno, NV 89512 Multifamily 665 SF 1979 -
3903 Clear Acre Ln, Reno, NV 89512 Multifamily 665 SF 1979 -
3880 E Leonesio Dr, Reno, NV 89512 Multifamily 696 SF 1979 -
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(775) 828-3700

  • Listing ID: 30340852

  • Date on Market: 12/11/2023

  • Last Updated:

  • Address: Clear Acre Condos, Reno, NV

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Clear Acre Condos
(775) 828-3700 x

Clear Acre Condos

1/2

Kevin Sigstad

(775) 828-3700

(775) 828-3700

Justin Sigstad

(775) 284-1805

(775) 284-1805

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