Ralston 17 – Reno, NV
This is a very unique opportunity to acquire 2 separate properties just blocks from each other in Reno, NV. With recent renovations at 927 Ralston Street, and consistent long-term renters at 547 Ralston Street, this portfolio offers the best of both worlds for the savvy apartment investor looking for a well-priced, solid investment into this stable rental market.
Covering both the University of Nevada and Saint Mary’s hospital submarkets, these highly desirable locations stay fully occupied and command some of the area’s highest rents.
Portfolio Description
Easy to manage and wonderful location. Huge upside in rents in most of the units, as is being demonstrated in current re-leasing.
Portfolio Key Information
| Listing Status: | Available |
|---|---|
| Property Types: | Apartment Buildings |
| Price: | $ 3,091,307 |
| No. of Units: | 17 |
| Cap Rate: | 6.5% |
| Building Size: | 9,402 Sq ft |
| Lot Size: | 0 Acres |
| No. of Stories: | 2 |
| Opportunity Zone: | No |
| Price per unit: | $181,842 |
Additional contacts
| Full name | Phone number | Email address |
|---|---|---|
| Brian Egan | 775-336-4672 | [email protected] |
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