$2,000,000

1002 S Arlington #s Arlington

Reno NV, 89509

Description

Fantastic Investment Opportunity in old Southwest Reno at the intersection of Arlington Ave and La Rue Ave. Low Maintenance, three buildings, strong tenant, and a cap rate of approximately 7.00%. There is a modified gross lease in place. See associated docs for Property Flyer and Property profile under the documents link. Sale includes both parcels 01131313 and 01131314 for 1002 S. Arlington Ave and 562 LaRue Ave.

Details

MLS#190018119
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1937
Days On Site164

Features

SQ Feet6,500
Story(s)2
Units19
ZoningMF14

Market Activity 89509

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Area Information

StateNV
CityReno
Zip Code89509
AreaReno-Old Southwest
Listing VS Median (in 89509)
Price:
$2,000,000
low | high
Med:
$541,250
100% of Average
SqFt:
6,500
low | high
Med:
2,745
100% of Average
$ / SqFt:
$308
low | high
Med:
$197
85.903390419234% of Average
On Site:
164
low | high
Med:
134.500000
100% of Average
Listing Updated: 05/27/2020
MLS Number: 190018119
Listing Provided By:
Kenneth Angst  of  Haute Properties NV
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Aspen Board of Realtors MLS.