Price: $4,500,000
Year: 1915
Cap Rate: 6.80%
Lot Size: 9,723
Effective Gross Income: $441,360
Net Operating Income: $308,952

Prime Mixed use location in Reno.

77 monthly rental units recently renovated with new HVAC installed.

Ground floor includes 6000 sq. ft. of retail space that is 100% occupied. Take advantage of this opportunity as the downtown Reno modernization unfolds. Directly across the street from the new Montage condo project in the heart of downtown Reno. Extremely valuable location, close to all, walking distance to new ice skating rink, restaurants, shops and Truckee River. This is a must see location.

 


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