$470,000 Active
NW4NW4-S16/17N/21E GEIGER SR 341 282S 283S S5A
Reno, NV 89521
STR Status Unknown

About This Property

124.71 acres of land at Virginia City Highlands. beautiful views, this property sale includes APN#004-271-71 41.81 acres, 004-271-75 41.17 acres & 004-271-65 41.73 acres., buyers to do their own due diligence. Buyers and buyers agent to verify all information.

Listed by Katherine Gillespie — eXp Realty

Listing Details

Status Active
MLS # 230001112
Days on Market 1210

Property History

Feb 11, 2023
Listed for sale
$470,000
Property Overview
Lot Size 124.71 acres
Property Type Land
APN 004-271-71
Exterior & Lot
Lot Features Open Lot, Rolling Slope
View Mountain(s), Trees/Woods
Financial
Annual Tax $1,525
Schools
Elementary School Gallagher, Hugh
Middle School Virginia City
High School Virginia City
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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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($94,000)
Home price
$470,000
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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