Listed by CBRE Reno, CBRE - Reno
$2,600,000
Berrum Park Condos
Details
APN 019-400-01
Property Type Multifamily
Sub Type Apartment Building
Square Footage 10,400
Net Rentable (SqFt) 10,400
Units 10
Cap Rate 5.31%
NOI $138,008
Occupancy 100%
Pro-Forma Cap Rate 6.48%
Pro-Forma NOI $168,389
Price per SqFt $250
Class C
Year Built 1977
Buildings 5
Stories 2
Acreage 0.460
Zoning MF-30
Investment Type Value Add
Multifamily | 10 Units | $260,000/unit
Investment highlights
- All 2 Bed 1.5 Bath Townhome Style Units
- All Units Have Fenced Yards & Balconies
- 6 Individual APN's
- Onsite Laundry
- Popular SW Reno Location
- Upside in Rents
Listing Contacts
Listed by CBRE Reno, CBRE - Reno
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$138,008.00
$11,500.67/mo
Valuation Metrics
0
DSCR
5.31%
Cap Rate
5.31%
ROI
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