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20102 HIBBET TR
RENO, NV 89511-8240
Asking Price
$2.90M
Asset Type
Retail
Class
Class B
What's Special
40 acre estate a short drive to the sandy shores of Lake Tahoe <p>Lodge on 4 parcels that are already subdivided. There is potential to sell off 3 vacant parcels or develop them yourself or keep them as a buffer and a park like setting for the existing lodge. There are potentially commercial applications alongside development options.</p>
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NOI
$80,000
Cap Rate
2.76%
DSCR
0.46
Underwater
Cash-on-Cash
-10.59%
Monthly Payment
$14,347.618
Annual Cash Flow
$-92,171.412
