See Home Value
$903,146*
Multifamily - Off Market

590 Denslowe Dr.

Reno, NV 89512
bedrooms
Studio
bathrooms
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$699,000 Jan 1, 2023
-
$1,955/mo
Multifamily
Stu
-
-
$650,000 Apr 5, 2022
-
$790/mo
Multifamily
Stu
-
-
$664,000 Aug 2, 2019
-
-
Multifamily
Stu
-
-
$595,000 Nov 17, 2022
-
$1,727/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211021
10/21/2021
Studio
-
-
$770,000
bedrooms
Studio
bathrooms
-
-
-
-
Terry Rasner
Reno/Tahoe Realty Group, LLC
20201110
11/10/2020
Studio
-
-
$699,000
bedrooms
Studio
bathrooms
-
-
-
-
-
20200401
04/01/2020
Studio
-
-
$725,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

590 Denslowe Drive 590 Denslowe Drive, Reno, NV 89512
More about this Building
590 Denslowe Drive
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About University of Nevada


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