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28925695
28925691

3100 Imperial Way, Carson City, NV 89706

BG
NV S.47543, NV 0047543
CBRE Reno
AM
NV NV 0186531
CBRE - Reno
Listed by CBRE Reno, CBRE - Reno
$5,500,000
172 days on market
Updated 24 days ago

Canyon View Apartments

Details
APN 002-011-12
Property Type Multifamily
Sub Type Apartment Building
Square Footage 19,760
Net Rentable (SqFt) 19,760
Units 43
Cap Rate 6.18%
NOI $340,007
Occupancy 100%
Price per SqFt $278
Class C
Year Built 1978
Buildings 1
Stories 2
Acreage 1.310
Zoning MFA
Investment Type Value Add

Multifamily | 43 Units | $127,907/unit

Marketing description

The Canyon View Apartments is located in the Carson City rental market and consists of 35 studio units and 8 one bed, one bath units. Situated within the North Carson City Submarket, tenants have great access to restaurants, Downtown Carson, casinos, retail centers, and community events, all just steps from their door. Additionally, tenants can access bus lines, major thoroughfares, and diverse employment options.

3100 Imperial Way is located between W College Parkway, W Nye Lane and N Carson Street. Carson City is the state capital of Nevada and houses many government buildings, legislative meetings, and is a short distance to the Tahoe Reno Industrial Center (the largest industrial park in the world) and South Lake Tahoe. The area sees many residents and visitors seeking employment, recreation and business opportunities.

Investment highlights

  • Value Add/Upside in Rents

  • Located in Strong Carson City Rental Market

  • Short Commute to TRIC/South Lake Tahoe

Listing Contacts

BG
NV S.47543, NV 0047543
CBRE Reno
AM
NV NV 0186531
CBRE - Reno
Listed by CBRE Reno, CBRE - Reno

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$340,007.00
$28,333.92/mo

Valuation Metrics

0
DSCR
6.18%
Cap Rate
6.18%
ROI

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Additional Information

Name
Ben Galles
License
S.47543
Name
Austyn Moore
License
NV 0186531
Brokerage
CBRE
Title
Real Estate Agent
Brokerage Address
7900 Rancharrah Parkway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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