Listed by CBRE Reno, CBRE - Reno
$1,050,000
Sutro Six
Details
APN 004-093-17
Property Type Multifamily
Square Footage 5,184
Units 6
Cap Rate 5.03%
NOI $52,841
Occupancy 100%
Pro-Forma Cap Rate 6.08%
Pro-Forma NOI $63,873
Price per SqFt $203
Class C
Year Built 1964
Stories 2
Lot Size (SqFt) 7,288
Zoning MF-30
All 2 bed Townhome Style Units
Marketing description
The Sutro Six at 2440 Sutro Street presents an opportunity to acquire a 6-unit townhome style asset located in Reno, NV. This asset offers affordable work force housing with great access to bus lines, Interstate 80, shopping, and employers. These two bedroom, one bathroom units each have large kitchens, private balconies, on-site parking, and approximately ±864 sq ft of living space
Investment highlights
- All 2 bedroom Townhome Style Units
- Upside In The Rents
- Balconies Off The Master Bedroom
Listing Contacts
Listed by CBRE Reno, CBRE - Reno
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$52,841.00
$4,403.42/mo
Valuation Metrics
0
DSCR
5.03%
Cap Rate
5.03%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Name
License
Brokerage
Title
Brokerage Address
Is there information that looks off?
