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521 Sinclair St
Reno, NV 89501
Asking Price
$1.93M
Cap Rate
4.77%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 8 Units | Midtown Location <ul><li>Outstanding Location & Nearby Redevelopment - Residents of 521 Sinclair benefit from its location and proximity to major redevelopments, and the ease of access to the amenities, jobs, and lifestyle that Northern Nevada has to offer. The location is within walking distance of both Reno's MidTown & Wells Avenue Districts that offer dining, nightlife, and boutique shopping experiences for the entire City. Once a blighted area of Reno, the two Districts are now home to some of Reno's best r
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NOI
$80,000
Cap Rate
4.16%
DSCR
0.70
Underwater
Cash-on-Cash
-5.94%
Monthly Payment
$9,523.85
Annual Cash Flow
$-34,286.196
