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650 Denslowe Dr

4 Unit Block of Flats £596,469 (£149,117/Unit) 4.75% Net Initial Yield Reno, NV 89512

EXECUTIVE SUMMARY

DCG is pleased to present 650 Denslowe Dr. for sale, a 4-unit multifamily complex East of the University of Nevada, Reno, with easy access to major thoroughfares, has the potential for rent increases, and close proximity to Wells Ave, I-80, and I-395 on/off ramps. This property can be combined with two other multifamily Units as a portfolio. Please get in touch with us for more information.

ATTACHMENTS

650 Denslowe (2)

PROPERTY FACTS

Price £596,469 Apartment Style Low Rise
Price Per Unit £149,117 Building Class B
Sale Type Investment Lot Size 0.14 AC
Net Initial Yield 4.75% Building Size 2,966 SF
No. Units 4 Number of Floors 2
Property Type Multifamily Year Built 2010
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £596,469
Price Per Unit £149,117
Sale Type Investment
Net Initial Yield 4.75%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.14 AC
Building Size 2,966 SF
Number of Floors 2
Year Built 2010
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS Avg. Rent.Mo SF
2+1 4 - -
1 of 1

PROPERTY TAXES

Parcel Numbers
Multiple
  • 008-012-21
  • 008-012-23
  • 008-013-08
  • 008-012-22
 Improvements Assessment £92,774
Land Assessment £168,056 Total Assessment £260,829

PROPERTY TAXES

Parcel Numbers
Multiple
  • 008-012-21
  • 008-012-23
  • 008-013-08
  • 008-012-22
Land Assessment
£168,056
Improvements Assessment
£92,774
Total Assessment
£260,829

ZONING

Zoning Code MF30
MF30
(775) 850-3144

CONTACTS

  • Listing ID: 33950516

  • Date on Market: 21/11/2024

  • Last Updated:

  • Address: 650 Denslowe Dr, Reno, NV 89512

The West University Multifamily Property at 650 Denslowe Dr, Reno, NV 89512 is currently available. Contact Dickson Commercial Group for more information.

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650 Denslowe Dr
(775) 850-3144 x

650 Denslowe Dr

1/2

Chris Shanks, CCIM

(775) 850-3144

(775) 850-3144

Josh Menante

(775) 527-6186

(775) 527-6186

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