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1135-85 W 2nd
Reno, Nevada, United States

Appliances

Central Air Conditioning, Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer & Dryer.

Interior features

Security System.

Exterior features

Deck, Patio.

Exterior finish

Brick.

Flooring

Carpet, Concrete, Laminate.

Description

this is a Multi-Family portfolio deal (each can be sold separately, look out for MLS # 190007430 & 190007432.Urban West is located on west second street downtown Reno walking distance from the Truckee river. This beautiful property offers a buyer the rare combination of a desirable location, newly renovated product, and guaranteed income! The renovations and improvements include the lot/property, landscaping, exterior, storage rooms, washer/dryer in each unit ,wifi/cabling and fully furnished units! Listing Agent: YaYa Jackoby Email Address: YaYa@YaYaRealty.com Broker: Ferrari-Lund Real Estate South A current master lease is in place guaranteeing rent on all 34 units for an initial term of two years. This includes two additional 1-year options to extend the initial 2-year term. Under this agreement all units are guaranteed income of $1,500 a month. The master lessee is responsible for utilities including gas and electric, water and sewer and each tenant's insurance policy and all turnover costs. over 7% CAP....Guaranteed income with 2-year master lease. .All 34 units extensively renovated and fully furnished.

Presented by

Ferrari-Lund Real Estate

Ferrari-Lund Real Estate
Click To Show Phone
Main: +1 775 688 4000
Fax: +1 775 688 6040

Location

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