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Map
$903,146*
●
Multifamily -
Off Market
590 Denslowe Dr.
Reno, NV 89512
Studio
0 Bath
$639,000 - $779,000
Reference Base Price*
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
Great VALUE-ADD Investment in Opportunity Zone! BUYER MUST
DO DRIVE-BY OF NEIGHBORHOOD BEFORE SUBMITTING OFFER! This is
a VALUE ADD Opportunity. UNR area four-plex, each with 2
bedrooms and one bathroom. SERIOUS cash offers only. A min
$5k deposit, $1000 non refundable. The apartments are
conveniently located very near UNR and just minutes from the Reno
Downtown/Midtown entertainment districts. Replaced Orangeburg
sewer lines with PVC and added multiple clean-outs, Williams wall
furnaces, Hunter Bay ceiling fans, flooring is a mix of tile,
hardwood, and carpet, designated off-street parking, landscaping
includes mature trees, boulders and professional AstroTurf.
Fully occupied rents are $1099/mth each.? Income: $52,752
Operating Expenses: $9,992 NOI: $42,760 Cap Rat:
6.02%! Title open with Danielle Rojas with First Centennial
Title. Please do not disturb clients! The apartments are
conveniently located very near UNR and just minutes from the Reno
Downtown/Midtown entertainment districts. Replaced Orangeburg
sewer lines with PVC and added multiple clean-outs, Williams wall
furnaces, Hunter Bay ceiling fans, flooring is a mix of tile,
hardwood, and carpet, designated off-street parking, landscaping
includes mature trees, boulders and professional AstroTurf.
Fully occupied rents are $1099/mth each.? Income: $52,752
Operating Expenses: $9,992 NOI: $42,760 Cap Rat:
6.02%!
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$927
HOA Dues
-
Year Built
1952
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 18, 2021 | No longer available | - | |
No longer available | |||
Dec 8, 2020 | Price Decreased |
$709,999
↓ $1
(0%)
|
|
Price Decreased | |||
Dec 7, 2020 | Price Increased |
$710,000
↑ $11K
(1.6%)
|
|
Price Increased | |||
Nov 10, 2020 | Listed | $699,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/21/2021
|
|
Studio
|
-
|
-
|
$770,000
Studio
-
|
-
-
|
-
|
Terry Rasner
Reno/Tahoe Realty Group, LLC
|
11/10/2020
|
|
Studio
|
-
|
-
|
$699,000
Studio
-
|
-
-
|
-
|
-
|
04/01/2020
|
|
Studio
|
-
|
-
|
$725,000
Studio
-
|
-
-
|
-
|
-
|