for sale value add property - loopnet...1225 glenda way | reno, nv 89509 siple at 6.5% cap rate for...
TRANSCRIPT
1225 GLENDA WAY | RENO, NV 89509SIXPLEX AT 6.5% CAP RATE
FOR SALE VALUE ADD PROPERTY
• APN: 019-331-09• Units: 6• 2,732 ± Square Feet• Lot Size: 0.283 Acres• Zoning: Multi-family 30 units per acre (MF30)• Property type: Multiple Res (Low Rise)• Stories: 1• Year built: 1950
PROPERTY OVERVIEW
$599,000
REED SIMMONS, [email protected]
BRAM BUCKLEY, [email protected]
For additional information, please contact:
1225 GLENDA WAY | RENO, NV 89509SIXPLEX AT 6.5% CAP RATE
FOR SALE VALUE ADD PROPERTY
SITE
GLENDA WAY
BERRUM LANE
MOANA LANE
LAK
ESID
E D
RIV
E
PLU
MA
S ST
REET
Current Financials Gross income $49,803
Expenses $11,121
NOI $38,682
Rent Roll
Unit # Br/Bth Lease Start Lease End Rent Deposit
1 1/1 5/11/17 Month-to-Month $725 $465
2 1/1 8/1/17 Month-to-Month $615 $595
3 1/1 5/1/17 Month-to-Month $870 $1,250
4 1/1 8/11/16 Month-to-Month $650 $650
5 1/1 5/31/17 Month-to-Month $650 $495
6 1/1 1/1/18 12/31/18 $725 $725
DBA Avison Young Western Alliance Commercial Inc. | Independently Owned and Operated6151 Lakeside Drive, Suite 1000 | Reno, NV 89511avisonyoung.com
The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.
1225 GLENDA WAY | RENO, NV 89509SIXPLEX AT 6.5% CAP RATE
FOR SALE VALUE ADD PROPERTY
DBA Avison Young Western Alliance Commercial Inc. | Independently Owned and Operated6151 Lakeside Drive, Suite 1000 | Reno, NV 89511avisonyoung.com
The information contained herein was obtained from sources deemed reliable and is believed to be true; it has not been verified and as such, cannot be warranted nor form any part of any future contract.