$199,900 Active Under Contract
555 E Patriot Boulevard # 195
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1 Beds
·
1.0 Baths
·
665 Sq Ft

About This Property

Located in Woodchase condo complex. Nice 1 bedroom unit on the ground floor. Looks out to open space from the patio which has an extra storage closet. Newer hot water heater. Washer and Dryer stay with the home Complex has a pool and spa. Parking space is #41. Lots of guest parking near the unit. Location is central to shopping, the great outdoors and the airport.

Listed by Catherine Howard — Ferrari-Lund Real Estate Reno

Listing Details

Status Active Under Contract
MLS # 260003029
Days on Market 50
Price/Sq Ft $301

Property History

Mar 18, 2026
Listed for sale
$199,900
Current
Pending
$199,900
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 665
Lot Size 0.02 acres
Stories 1
Year Built 1986
Property Type Condominium
Subdivision Waterford Park 2
APN 164-071-62
Parking
Total Parking 1
Parking Features Carport, Detached
Exterior & Lot
Exterior Features None
Lot Features Level
View Trees/Woods
Roof Composition
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $688
HOA Fee $400 / Monthly
HOA / Community Woodchase Condominiums
Schools
Elementary School Donner Springs
Middle School Pine
High School Damonte
HOA & Community
Community Amenities Parking, Pool, Recreation Room
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($39,980)
Home price
$199,900
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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