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🏢 Just listed — Apartment Building Multifamily for sale in Sparks, NV.

📍 429 10th Street, Sparks, NV
🏷  Apartment Building Multifamily · For Sale
💰 $1.15M
📈 6.03% cap

5 Turnkey Units | Victorian Square, Sparks | 6.03% Cap Rate

<p>Extremely well kept.</p><p>Desirable Victorian Square location.</p><p>Extensive Capital Improvements completed.</p><p>Immediate upside potential.</p><p>High cap rate.</p>

Full financials, photos, and broker contact:
https://commrty.com/property/nevada/sparks/429-10th-street-2468773-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=429-10th-street-2468773

#Sparks #Multifamily #CommercialRealEstate #CRE #Investment

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Home/NV/Sparks

429 10th Street

Sparks, NV 89431

Asking Price

$1.15M

Cap Rate

6.03%

Asset Type

Apartment Building Multifamily

Class

Class B

What's Special

5 Turnkey Units | Victorian Square, Sparks | 6.03% Cap Rate Extremely well kept.Desirable Victorian Square location.Extensive Capital Improvements completed.Immediate upside potential.High cap rate.

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

6.96%

DSCR

1.17

Tight

Cash-on-Cash

3.40%

Monthly Payment

$5,689.573

Annual Cash Flow

$11,725.13

Location & Travel Times

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Class B

2101 LOGAN WAY, SPARKS, NV 89431

Listed by Owner · For Sale