2308 Wedekind RD, Reno, NV 89512
2308 Wedekind RD, Reno, NV 89512
2308 Wedekind RD, Reno, NV 89512
2308 Wedekind RD, Reno, NV 89512
2308 Wedekind RD, Reno, NV 89512
2308 Wedekind RD, Reno, NV 89512
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Nathan Teel

Nathan Teel

+1(775) 378-9870
$ 1,150,000
Est. payment | /mo

3,456 SqFt

Save
$ 1,150,000
Est. payment | /mo
Save

3,456 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,456 sqft

Price per Sqft $332

MLS Listing ID 260013868

Year Built 1987

Annual Tax Amount $3,797

Lot Size 8,464 Sqft

Acres 0.19

Lot Dimensions 0.19

Property Sub-Type Multi Family

Property Description

Turnkey 6-unit apartment building with an in place 5.35 cap rate. No renovations needed, simply raise rents to an already proven market rate to achieve a 6.8 proforma cap rate. 1987 Construction. New roof in 2022 and fresh exterior paint in 2023 courtesy of the previous owner. Three new mini-split heating / cooling units, a new 50 year deck, security camera system, and almost all appliances have been replaced since the current owner facilitated extensive renovations in 2024 and 2025. All apartments have in-unit washer & dryer hookups. Ample tenant parking with 10 spaces. Units are individually metered for gas & electricity. Owner pays water, sewer, and trash. APOD and Rent Roll available upon request.

Location

State NV

County Washoe

Zoning MF30

Interior

Heating Natural Gas, Wall Furnace

Cooling Electric, Wall/Window Unit(s)

Flooring Varies

Laundry In Unit, Washer Hookup, Varies By Unit

Exterior

Parking Features On Site, Parking Lot

Utilities Available Cable Connected, Electricity Connected, Internet Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Cellular Coverage, Water Meter Installed

View Y/N No

Roof Type Pitched,Shingle

Garage No

Building

Lot Description Level

Story 2

Foundation Crawl Space

Water Public

Structure Type Unknown

Others

Tax ID 026-801-02

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by DL Realty

Nearby Locations

Nathan Teel

${companyName}

Phone

+1(775) 378-9870

Address

9460 Double R Blvd, Reno, Nevada 89521, USA

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2308 Wedekind RD