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Carol Bond

Carol Bond

Dickson Realty
Reno, NV 89519

775-690-1870
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Listing 4 out of 374
$2,490,500 Active/Pending-Call

1947 Wedekind
Reno, NV 89512

17 units | Multi Family Home
0.51 acres - MLS# 190011083
Property Photo
1/19

Description

This meticulously maintained 3 building apartment complex is a fantastic opportunity for an investor looking to acquire a property near the University of Nevada, Downtown Reno and Rancho San Rafael Regional Park with significant upside potential. It's a great location for tenants attending the University due to the short distance to class, bus stops & sporting events.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active/Pending-Call
  • County/Area: Washoe County
  • Zip Code: 89512
  • Year Built: 1963
  • Stories: 2 Story
  • Units: 17 units
  • # of Parking Spaces: 17
  • Lot Size: 0.51 acres
  • Zoning: MF30
  • Area: Reno-North
  • # Buildings: 3
  • 1 Bedroom - # Baths: 1
  • 1 Bedroom - # Units: 8
  • 1 Bedroom - Avg Rent/Unit: 1250
  • 2 Bedroom - # Baths: 1
  • 2 Bedroom - # Units: 8
  • 2 Bedroom - Avg Rent/Unit: 1450
  • Access Type: Private
  • Annual Expenses: 67000
  • Annual Income & Expenses: Pro Forma
  • Annual Vacancy: 18900
  • Appliances: Refrigerator, Oven/Range, Dishwasher
  • Common Features: Security Lighting
  • Construction: Wood Frame
  • Exterior: Stucco
  • Facility Features: Separate Meters-Electric, Master Meter-Water, Separate Water Heaters, Separate Heating/Cooling, Tenant Pays Utilities
  • Fenced: Back
  • Flooring: Carpet, Laminate
  • Foundation: Concrete Slab
  • Gross Scheduled Income: 270000
  • Gross Square Footage: 11976
  • Heating/Cooling: Central Refrig A/C, Electric, Forced Air
  • Landscaped: Fully Landscaped
  • Laundry: Common
  • Net Operating Income: 184100
  • Owner(s) May Sell: Exchange 1031, Conventional, Cash
  • Parking Types: Common
  • Price Per Sqft: 207.96
  • Roof: Flat
  • Sprinklers: Yes
  • Studio - # Baths: 1
  • Studio - # Units: 1
  • Studio - Average/Unit: 900
  • Type Of Property: Apartment Complex
  • Unit Features: Balcony, Smoke Detector
  • Utilities: City/County Water, City Sewer, Electricity, Water Meter Installed
  • Water Heater: Electric
  • Windows: Double Pane
Courtesy of Ferrari-Lund Real Estate South


Carol Bond
Dickson Realty

1030 Caughlin Crossing
Reno, NV 89519
Phone: 775-690-1870
Email: cbond@dicksonrealty.com

Testimonials

Carol has been great. She helped me sell my house when 2 other Realtors could not Patricia Bullentini
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