1000 VIRBEL LN
RENO, NV 89502

$1,600,000

N/A Beds

0 Baths

5,795 Sq Ft

Status Active

MLS# 240004042

Virbel Lane apartments represents a great opportunity to acquire multifamily in Reno. This 5 unit complex consists of One (1) Single family home that is a 3bd/2bth/2 car garage remodeled 1691 Square foot home, property also has another detached single family home comprised 2bd/2bth/2 car garage remodeled, 1030 Sq. Ft. built in 1992. In the back of the property you have triplex with One (1) 2bd/2bth remodeled, 784 sq. ft. apartment, One (1) 3bd/2bth, 1000 sq. ft. apartment, this one has new flooring and a/c added. One (1) 4bd/2bth. apartment. This is the only unit that was not updated. Tenants been in unit for 12+ plus years. Pictures were taken before tenants moved in. Pictures are of unit A and B of the triplex and 1008. A cap rate of 5.59%.

Details for 1000 VIRBEL LN

Built in 1962

$276 / Sq Ft

7 parking spaces

Varies by Unit

38 Days on website

0.39 acres lot

Interior

Appliances

Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Varies Per Unit

Flooring

Varies By Unit

Living Area

5,795 SqFt.

Building And Construction

Building Name

1000 Virbel Apartments

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1962

Exterior And Lot

Lot Size Acres

0.39

Lot Size Square Feet

16988

Parking Features

Garage, Carport, Varies Per Unit

Parking Total

Zoning

Mf30

Utilities

Heating

Varies By Unit

Area And Schools

City

Reno

County Or Parish

Washoe

Financial Info

Tax Annual Amount

$3,556.40