About This Property
Six-unit apartment building constructed in 1985. SELLER FINANCING AVAILABLE with the following terms: six hundred twenty-five thousand dollars down, seller to carry a five hundred seventy-five thousand dollar note amortized over thirty years, with a five percent interest rate, and a five-year term. Seller may be willing to extend the loan at the end of the initial five-year term. All six units have an identical floorplan which can accommodate the addition of stackable washer & dryers for added value and increased income potential. Great location for rentals with The University of Nevada Reno (UNR) within walking distance. Two of the six PTAC cooling / heating units have recently been replaced, and five of the six water heaters have recently been replaced. Ample area under the building provides plenty of room for storage and easy access to plumbing components.
Listing Details
Property History
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
