1607 S Virginia St

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1607 S Virginia St

Reno, NV 89502
Asking Price
$2.73M
Cap Rate
7.01%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 21 Units | $129,762/unit <ul><li>​Luxury, Modern Finishes</li><li>​Stainless Steel Appliances</li><li>​Granite Countertops & Designer Fixtures</li><li>​High-Speed WiFi & Utilities Included</li><li>​Mini-Split A/C & Heat</li><li>​Furnished Units</li><li>​Clubhouse w/ Pool Table</li><li>​Designated Parking</li><li>​On-Site Laundry Facility</li><li>​Community Patio</li><li>​Coffee Bar</li></ul>

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NOI
$80,000
Cap Rate
2.94%
DSCR
0.49
Underwater
Cash-on-Cash
-10.00%
Monthly Payment
$13,481.813
Annual Cash Flow
$-81,781.758

Location & Travel Times