$115,000 $130,000 ↓ $15,000 reduced Active
321 Silver Spur Drive
Fallon, NV 89406
STR Status Unknown

About This Property

Flat lot ready for your 10 PLEX Multi Family Building on. Curbs and sidewalk are complete and all utilities are at the property. This land is ready to for you to create an incredible living area for 10 families in this growing city with the Fallon Naval Air Station. That's right Top Gun.

Listed by Brandon Goles — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 240014925
Days on Market 569

Property History

Nov 28, 2024
Listed for sale
$115,000
Property Overview
Lot Size 0.47 acres
Property Type Land
APN 001-811-54
Exterior & Lot
Lot Features Level, Corners Marked, Curbs, Sidewalks, Storm Drains
View Mountain(s)
Financial
Annual Tax $112
Schools
Elementary School Fallon/Other
Middle School Churchill
High School Churchill
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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% ($23,000)
Home price
$115,000
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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