Urban West is located on west second street downtown Reno walking distance from the Truckee river. This beautiful property offers a buyer the rare combination of a desirable location, newly renovated product, and guaranteed income! The renovations and improvements include the lot/property, landscaping, exterior, storage rooms, individual unit improvements, washer/dryer in each unit ,wifi/cabling and fully furnished units!  Listing Agent: YaYa Jackoby Email Address: [email protected] Broker: Ferrari-Lund Real Estate South A current master lease is in place guaranteeing rent on all 12 units for an initial term of two years. This includes two additional 1-year options to extend the initial 2-year term. Under this agreement all units are guaranteed income of $1,500 a month. The master lessee is responsible for utilities including gas and electric, water and sewer and each tenant's insurance policy and all turnover costs. +/- 7% CAP....Guaranteed income with 2-year master lease. ....All 12 units extensively renovated and fully furnished.