8805 North Red Rock Road

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8805 North Red Rock Road

Reno, NV 89508
Asking Price
$15.75M
Asset Type
Retail
Class
Class B

What's Special

Red Rock Mega Storage, Reno NV | Institutional Quality Self Storage Facility | Expansion Potential <p>Marcus and Millichap as the exclusive listing agent is pleased to present Red Rock Mega Storage located in Reno, NV. Red Rock Mega Storage presents a rare opportunity to acquire an institutional quality self-storage asset along with an additional, entitled parcel for further expansion. Strategically located in the rapidly expanding Reno market, the property features a diverse unit mix including highly sought-after climate-controlled units and convenient drive-up access for large vehicles, RVs

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NOI
$80,000
Cap Rate
0.51%
DSCR
0.09
Underwater
Cash-on-Cash
-18.10%
Monthly Payment
$77,922.406
Annual Cash Flow
$-855,068.878

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