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    929 Willow Street

    Reno, NV 89502
    • $1,499,000
    • STATUS: Active Under Contract
    • ON SITE: 17 days
    • MLS #: 210004292
    Under Contract
    UPDATED: 20 min ago
    $1,499,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,872
      SQFT
    • $308
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    Description

    10-1 unit apartments, with low maintenance and strong income. Really strong cap rate makes this the ideal 1031 landing spot outside of CA. Newer roof, dual pane windows, no landscape to maintain, and most units have been refreshed with new laminate flooring and granite counter tops. One central 200 gal hot water heater with circulating pump, and onsite washer dryer room with coin op units included with sale. Most units are rented to Veterans through Reno Housing Authority for income stability.

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    © 2021 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Morales Hall Group | RE/MAX Professionals. Real estate listings held by brokerage firms other than Morales Hall Group | RE/MAX Professionals are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-04-22T21:19:57.013.
    www.moraleshallgroup.com/homes/115753241
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    929 Willow Street Reno, NV 89502

    • Price: $1,499,000
    • Status: Active Under Contract
    • Updated: 20 min ago
    • MLS #: 210004292
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    4,872
    SQFT
    $308
    $/SQFT
    1966
    Built
    Neighborhood:
    Reno-Southeast
    County:
    Washoe
    Area:
    Reno-Southeast
    Property Description
    10-1 unit apartments, with low maintenance and strong income. Really strong cap rate makes this the ideal 1031 landing spot outside of CA. Newer roof, dual pane windows, no landscape to maintain, and most units have been refreshed with new laminate flooring and granite counter tops. One central 200 gal hot water heater with circulating pump, and onsite washer dryer room with coin op units included with sale. Most units are rented to Veterans through Reno Housing Authority for income stability.
    Exterior Features

    Construction Wood Frame Exterior Wood Siding Fenced None Foundation Concrete/Crawl Space Landscaped None Parking Capacity 10 Parking Types Common Roof Composition/Shingle Sprinklers None

    Interior Features

    1 Bedroom Baths 10 1 Bedroom Sq Ft 480 2 Bedroom Baths 0 2 Bedroom Sq Ft 0 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances Oven/RangeRefrigerator Flooring Varies By Unit Heating Cooling Wall Heater Laundry Common Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 2 Story Studio Baths 0 Studio Sq Ft 0 Unit Features Smoke Detector Water Heater Circulating PumpNatural Gas Windows Double Pane

    Property Features

    1 Bedroom Avg Rent Per Unit 1060 1 Bedroom Units 10 2 Bedroom Avg Rent Per Unit 0 2 Bedroom Units 0 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Expenses 12700 Annual Income And Expenses Pro Forma Annual Vacancy 6360 Common Features None Documents On File Financial Statements Facility Features Central Water HeatersMaster Meter-GasMaster Meter-WaterSeparate Heating/CoolingSeparate Meters-ElectricSeparated Meters-GasTenant Pays Utilities Green Feature Circulating Pump - WaterDouble Pane Windows Green Features None Gross Scheduled Income 127200 Multifamily Type Apartment Complex Net Operating Income 108120 Owners May Sell CashConventionalExchange 1031Owner Carry 2nd Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities City/County WaterCity SewerElectricityNatural GasWater Meter Installed Zoning Actual Mu

    © 2021 Northern Nevada Regional MLS. All rights reserved.
    Listing provided courtesy of Krch Realty.

    © 2021 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Morales Hall Group | RE/MAX Professionals. Real estate listings held by brokerage firms other than Morales Hall Group | RE/MAX Professionals are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-04-22T21:19:57.013.
     
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    Morales Hall Group | RE/MAX Professionals
    5905 S. Virginia Street, Suite 300
    Reno NV, 89502