630 Sinclair St

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630 Sinclair St

Reno, NV 89501
Asking Price
$1.75M
Cap Rate
4.87%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 8 Units | Midtown Location <ul><li>​Outstanding Location & Nearby Redevelopment - Residents of 630 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.</li></ul><p></p><ul><li>​Strong Economic Drivers - The Reno-Sparks region has seen ro

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NOI
$80,000
Cap Rate
4.57%
DSCR
0.77
Underwater
Cash-on-Cash
-4.55%
Monthly Payment
$8,658.045
Annual Cash Flow
$-23,896.542

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