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1752 E 4th St
Reno, NV 89512 Downtown

$4,195,000 USD

Apartments For Sale  •  15,519 SF

Property Details

  • Property Type Apartments
  • Total Building Size 15,519 SF
  • Lot Size 0.86 AC
  • Building Class C
  • Year Built 2014
  • Cap Rate 5.18 %
52 Transit Score
42 Walk Score

Highlights

Priced Significantly Below Replacement Cost
Value Add Opportunity
Upside in Rents & Operations

Financial Summary (Actual)

Net Operating Income: $217,280 USD (2022)
Cap Rate: 5.18 %
Total Expenses: $122,542 USD

Public Transportation

Commuter RailDriveWalkDistance
Reno (California Zephyr - Amtrak) 4 min - 1.5 mi
AirportDriveWalkDistance
Reno/Tahoe International 25 min - 6.2 mi
Ryan Rife 775-348-5226 Marcus & Millichap
Ryan Rife 775-348-5226 Marcus & Millichap