1400 Stardust St Reno, NV 89503
241 Units, High NOI, Strong Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Exceptional 241-unit multifamily portfolio in prime Reno, NV locations.
- Two buildings totaling 65,688 net rentable square feet on ~1.9 acres.
- Recently renovated (2023) with a blend of established tenancy and modern upgrades.
- $42,000,000 asking price; $174,274 per unit; $639 per square foot.
- Strong NOI of $2,266,605, yielding a 5.40% cap rate.
Property Details for 1400 Stardust St
- Property type
- Apartment buildings
- Square Feet
- 32,400 SF
- Year Built/Renovated
- 1974/2023
- Buildings
- 2
- Stories
- 2
- Lot Size (sq. ft)
- 82,764 SF
- Units
- 241
Location Insight
- City
- Reno
- County
- Washoe
- State
- Nevada
- Latitude
- 39.5281556
- Longitude
- -119.8346878
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 241 Units, High NOI, Strong Cap Rate
- Where is the apartment building located?
- The property is located at 1400 Stardust St Reno, NV.
- What is the asking price?
- The asking price for this property is $42,000,000.
- What are key features of this property?
- This property features: Exceptional 241-unit multifamily portfolio in prime Reno, NV locations.; Two buildings totaling 65,688 net rentable square feet on ~1.9 acres.; Recently renovated (2023) with a blend of established tenancy and modern upgrades.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].