Description
1101 N. Sierra St. presents an opportunity to acquire a 4-unit student housing investment less than 2 blocks from the west end of the main campus of the University of Nevada, Reno and across the street from the university dorms. These popular rental units dont stay vacant for very long. The property has a diverse unit mix which consists of a 2 bed, 1 bath unit, two 1 bed, 1 bath units, and a studio unit. Prior inspections available. Rents have recently been increased to market rates. 4.84% cap +/-.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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2,060SQFT
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$532$/SQFT
School Ratings & Info
Description
1101 N. Sierra St. presents an opportunity to acquire a 4-unit student housing investment less than 2 blocks from the west end of the main campus of the University of Nevada, Reno and across the street from the university dorms. These popular rental units dont stay vacant for very long. The property has a diverse unit mix which consists of a 2 bed, 1 bath unit, two 1 bed, 1 bath units, and a studio unit. Prior inspections available. Rents have recently been increased to market rates. 4.84% cap +/-.
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