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116 W Highland Dr
Ely, NV 89301

Silver Ridge Apartments · Residential Property For Sale · 57 Units

Investment Highlights

  • Occupancy of 98% with solid cash flow
  • Well-maintained and owner-managed property
  • Laundry room equipment is 100% owned
  • Below-market rents with rental upside potential
  • Located on a large 5.08-acre parcel in the heart of Ely, Nevada

PROPERTY FACTS

No. Units 57
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 5.08 AC
Building Size 32,620 SF
Average Occupancy 100%
Number of Floors 1
Year Built 1983
Parking Ratio 3.03/1,000 SF

Unit Amenities

  • Dishwasher
  • Disposal
  • Refrigerator
  • Oven

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Maintenance on site

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
Studios 14 £550.00 338
1+1 29 £650.00 507
2+1 14 £750.00 676

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
002-280-13
Land Assessment
£78,055
Improvements Assessment
£374,516
Total Assessment
£452,571

zoning

Zoning Code R3
R3
  • Listing ID: 28337550

  • Date on Market: 27/04/2023

  • Last Updated:

  • Address: 116 W Highland Dr, Ely, NV 89301

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