3596 Gypsum Rd

    Reno, NV 89503
    • $1,225,000
    • STATUS: Active Under Contract
    • ON SITE: 127 days
    • MLS #: 180001730
    Under Contract
    UPDATED: 69 min ago
    $1,225,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,408
      SQFT
    • $227
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1979
    County:

    School Ratings & Info

    Description

    This turnkey updated garden apartment complex consists of 2 buildings for a total of 8 units. 6 of the 8 units have been updated since 2017. The updates included 3 new furnaces, 2 AC compressors, new flooring (vinyl plank and carpet), upgraded bathrooms, upgraded appliances, community laundry rooms, and a newly sealed parking lot. Located just minutes from UNR and close to the US Hwy 395. Listing price is 7.3% cap on proforma rent and a 6.4% cap on current rents/expenses. PLEASE DO NOT DISTURB TENANTS.

    Monthly Payment Calculator

    © 2018 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Dickson Realty. Real estate listings held by brokerage firms other than Dickson Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2018-06-18T14:20:13.813.
    www.homeisnevada.com/homes/80682727

    3596 Gypsum Rd Reno, NV 89503

    • Price: $1,225,000
    • Status: Active Under Contract
    • Updated: 69 min ago
    • MLS #: 180001730
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    5,408
    SQFT
    $227
    $/SQFT
    1979
    Built
    Neighborhood:
    Reno-Old Northwest
    County:
    Washoe
    Area:
    Reno-Old Northwest
    Property Description
    This turnkey updated garden apartment complex consists of 2 buildings for a total of 8 units. 6 of the 8 units have been updated since 2017. The updates included 3 new furnaces, 2 AC compressors, new flooring (vinyl plank and carpet), upgraded bathrooms, upgraded appliances, community laundry rooms, and a newly sealed parking lot. Located just minutes from UNR and close to the US Hwy 395. Listing price is 7.3% cap on proforma rent and a 6.4% cap on current rents/expenses. PLEASE DO NOT DISTURB TENANTS.
    Exterior Features

    Construction Wood Frame Exterior Stucco Fenced Partial Foundation Concrete Slab Landscaped Partially Landscaped Parking Capacity 10 Parking Types Common Roof Flat Sprinklers None

    Interior Features

    1 Bedroom Baths 0 1 Bedroom Sq Ft 0 2 Bedroom Baths 8 2 Bedroom Sq Ft 675 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances RefrigeratorOven/Range Flooring CarpetVinyl Tile Heating Cooling Central Refrig A/CNatural GasForced Air Laundry Common Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 2 Story Studio Baths 0 Studio Sq Ft 0 Unit Features Blinds/ShadesSmoke Detector Water Heater Natural Gas Windows Double PaneMetal Frame

    Property Features

    1 Bedroom Avg Rent Per Unit 0 1 Bedroom Units 0 2 Bedroom Avg Rent Per Unit 1100 2 Bedroom Units 8 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Expenses 14269 Annual Income And Expenses Pro Forma Annual Vacancy 2112 Apod Available Yes Common Features Bbq/Picnic Area Documents On File Financial Statements Down Payment Assistance No Facility Features Separated Meters-GasSeparate Meters-ElectricSeparate Meters-WaterSeparate Water HeatersSeparate Heating/CoolingLandlord Pays UtilitiesTenant Pays Utilities Green Feature Double Pane Windows Green Features None Gross Scheduled Income 106200 Multifamily Type Apartment Building (Up To 8 Unit Net Operating Income 89819 Owners May Sell Exchange 1031ConventionalCash Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities City/County WaterCity SewerElectricityNatural Gas Zoning Actual Mf30

    Listing provided courtesy of Re/Max Professionals-Reno. © 2013 of Northern Nevada Regional MLS. All Rights Reserved.
    © 2018 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Dickson Realty. Real estate listings held by brokerage firms other than Dickson Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2018-06-18T14:20:13.813.
     
    Dickson Realty
    500 Damonte Ranch Pkwy #625
    Reno NV, 89521