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Janice Schaaf

janice.schaaf@engelvoelkers.com +1(650) 208-1548

$ 1,095,000

Est. payment -/mo

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1630 Idlewild Dr. Reno, NV 89509

3 Beds

3 Baths

4,784 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartment Complex

Listing Status Active

Purchase Type For Sale

Square Footage 4,784 sqft

Price per Sqft $228

Subdivision Nv

MLS Listing ID 250005426

Bedrooms 3

Year Built 1940

Lot Size 0.504 Acres

Acres 0.504

Property Sub-Type Apartment Complex

Property Description

1570 AND 1630 Idlewild Dr. - 3 contiguous parcels with 2 buildings / 7 units total. 7%+ CAP Rate (on actuals). $156k per unit!! Over 1/2 an acre in total with plenty of room for additional development possible. Desirable location across the street from the Truckee River and Idlewild Park keeps these units in high demand from tenants. Perfect for AirBB or continue as-is with long-term tenants. Many major upgrades made within the past 8 months. Call for list of recent upgrades, Rent Roll, and cashflow APOD. APN's included in sale: APN 010-110-05 - 1630 Idlewild (3 units) APN 010-110-06 - 0 Idlewild (vacant strip of land) APN 010-110-07 - 1570 Idlewild (4 units)

Location

State NV

County Washoe

Zoning PD

Interior

Heating Electric, Natural Gas, Wall Heater, Varies by Unit

Cooling Electric, Natural Gas, Wall Heater, Varies by Unit

Flooring Varies by Unit

Appliance Refrigerator, Oven/Range, Dishwasher, Varies Per Unit

Laundry None

Exterior

Exterior Feature Wood Siding, Fiber Cement Siding

Fence Partial

Utilities Available Cable, City/County Water, City Sewer, Electricity, Natural Gas, Telephone, Varies by Unit, Internet Available, Cellular Coverage Avail

Roof Type Composition/Shingle,Pitched

Total Parking Spaces 14

Building

Story 2 Story

Foundation Basement/Finished, Concrete/Crawl Space, Concrete Slab

Water Electric

Level or Stories 2 Story

Structure Type Wood Frame

Schools

Elementary Schools Hunter Lake

Middle Schools Swope

High Schools Reno

Others

Tax ID 01011005

SqFt Source 4784

Special Listing Condition None

Listed by DL Realty

Janice Schaaf

Global Real Estate Advisor ~ Realtor | License ID: NV 185416 | CA 01768524

+1(650) 208-1548

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