500 Linden Street

    Reno, NV 89502
    • $5,865,000
    • STATUS: Active Under Contract
    • ON SITE: 53 days
    • MLS #: 180014692
    Under Contract
    $5,865,000
    • 0
      BEDS
    • 1.85
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 46,297
      SQFT
    • $127
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:

    School Ratings & Info

    Description

    NOTICE: Seller has made a call for highest and best offers to be in by October 10th 2018 by 2pm. La Casa Arms Apartments is a 69-unit complex w/ nearly all units classified as condominiums w/ separate parcel numbers. This value-add opportunity has below-market rents w/ room for increases. The property consists of 49 1BR/1BA, 18 2BR/1BA, 1 3BR/1BA, & 1 studio, totaling 46,295 sq. ft. Units include wall-mounted A/C, baseboard heat & basic appliances. See Assoc. Docs for Offering Memorandum.

    Monthly Payment Calculator

    © 2018 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Marshall Realty. Real estate listings held by brokerage firms other than Marshall Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2018-11-21T00:20:21.737.
    www.marshallrealtyteam.com/homes/88030566

    500 Linden Street Reno, NV 89502

    • Price: $5,865,000
    • Status: Active Under Contract
    • MLS #: 180014692
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.85
    Acres
    46,297
    SQFT
    $127
    $/SQFT
    1972
    Built
    Neighborhood:
    Reno-Southeast
    County:
    Washoe
    Area:
    Reno-Southeast
    Property Description
    NOTICE: Seller has made a call for highest and best offers to be in by October 10th 2018 by 2pm. La Casa Arms Apartments is a 69-unit complex w/ nearly all units classified as condominiums w/ separate parcel numbers. This value-add opportunity has below-market rents w/ room for increases. The property consists of 49 1BR/1BA, 18 2BR/1BA, 1 3BR/1BA, & 1 studio, totaling 46,295 sq. ft. Units include wall-mounted A/C, baseboard heat & basic appliances. See Assoc. Docs for Offering Memorandum.
    Exterior Features

    Construction Masonry Exterior Masonry VeneerStuccoBrick Fenced Partial Foundation Concrete/Crawl Space Landscaped Fully Landscaped Parking Capacity 106 Parking Types Designated ParkingCommon Roof Composition/ShinglePitched Sprinklers Full Sprinklers

    Interior Features

    1 Bedroom Baths 1 1 Bedroom Sq Ft 624 2 Bedroom Baths 1 2 Bedroom Sq Ft 766 3 Bedroom Baths 2 3 Bedroom Sq Ft 1308 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances RefrigeratorOven/RangeVaries Per Unit Flooring CarpetVinyl Tile Heating Cooling Evap CoolingNatural Gas Laundry Common Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 2 Story Studio Baths 1 Studio Sq Ft 500 Unit Features Blinds/ShadesSmoke DetectorVaries Per Unit Water Heater Natural Gas Windows Double PaneSingle Pane

    Property Features

    1 Bedroom Avg Rent Per Unit 635 1 Bedroom Units 49 2 Bedroom Avg Rent Per Unit 726 2 Bedroom Units 18 3 Bedroom Avg Rent Per Unit 900 3 Bedroom Units 1 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Apod Available Yes Common Features Bbq/Picnic AreaFire AlarmSecurity Lighting Documents On File Rental/Leases Down Payment Assistance No Facility Features Separate Meters-ElectricMaster Meter-GasMaster Meter-ElectricMaster Meter-WaterResident ManageCentral Water HeatersSeparate Heating/CoolingMaster Heating/CoolingLandlord Pays UtilitiesTenant Pays Utilities Green Feature Double Pane Windows HUD No Multifamily Type Apartment Complex Owners May Sell Exchange 1031ConventionalCash Special Condition Of Sale None Studio Avg Rent Per Unit 550 Studio Units 1 Utilities CableCity/County WaterCity SewerElectricityNatural GasWater Meter Installed Zoning Actual Mf30

    © 2018 Northern Nevada Regional MLS. All rights reserved.
    Listing provided courtesy of Oliver Luxury Real Estate.

    © 2018 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Marshall Realty. Real estate listings held by brokerage firms other than Marshall Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2018-11-21T00:20:21.737.
     
    Marshall Realty
    3255 S. Virginia Ave
    Reno NV, 89502