Conveniently located 8-plex near the University and downtown Reno. Consisting of four 1 bed, 1 bath units and four
2 bed, one bath units, there's plenty of space both inside and out. Each unit comes with its own assigned parking
space, plus there's plenty of street parking near by. Take the property as-is or invest a little more into each unit to turn
it into an amazing investment opportunity!
INVESTOR ALERT! This wonderfully crafted bungalow offers multiple opportunities for the savvy investor. With its mixed use zoning, you'll have the flexibility to use the space as residential multi-family or convert it to office space for those who want to take advantage of its prime location sitting at the corner of the ever popular Midtown District and Downtown Reno. The main floor, first unit consists of two bedrooms and 1 bathroom, while the downstairs offers 1 bedroom and 1 bathroom. With the upstairs as vacant and the lower tenant on a month to month lease the new owner could quickly adopt the property to their intended use.
The kitchen in the main floor unit is currently incomplete, lacking all appliances, but can easily be finished for anyone using the space for residential purposes, or leave it as-is if your intended use is office space. Laundry in the basement, but not on the main level. The top unit was recently vacated and the bottom unit houses a long-term tenant who is using the space as a "work from home" office.
SOLD | 1640 F St, Sparks | 2 Units | $315k | 6.5% CapTrevor Richardson
Investor Alert! Two single family homes on one lot! This well maintained, centrally located, Sparks investment property features garage parking for tenants with 2 bedrooms and 2 bathrooms in each unit. The classic and charming neighborhood is minutes away from I-80, providing close access to the regional corridor and all the fun and festivities going on year round at Victorian Square. With multiple developments under construction in Victorian Square this opportunity is placed in an area that is increasing in popularity. Don't miss out on this spectacular opportunity!
SOLD | 925,927 Manhattan St, Reno | 9 Units | $650k | 5.5% CapTrevor Richardson
Located near the heart of the Reno/Sparks metro this investment opportunity offers plenty of flexibility for the new owner. Each unit has been individually parceled which allows the owner to use the property as a traditional multifamily or sell units individually.
The current owner has been self managing the property and has maintained the units very well over the years. Each unit features upstair bedrooms and a downstair living and kitchen that includes a ½ bathroom. Bedrooms feature vaulted ceilings and a hookup for laundry machines which are a couple of unique features that separates these units from similar inventory. In addition, each unit comes with on site parking and a fenced backyard. With the robust Reno apartment market there is plenty of opportunity for the next owner to increase rents and secure 1-year leases to maximize the potential of this investment property for years to come.
SOLD | 1400 Como St, Reno | 12 Units | $1.1m | 5.8% CapTrevor Richardson
Located minutes from the heart of Carson City and Sparks High School this 12-unit apartment complex features large 3BR, 2BA, 1,161 SF living spaces. The central location provides tenants easy and quick access to all areas of the city. Each unit features a designated parking space per unit and also comes with an outside storage unit, which is always an added bonus. Each unit has individually metered power and gas, and comes with washer and dryer units. Tenants will enjoy wall mounted A/C units and forced air heating.
Forge Hill Condos Franklin Ma Sold in last 12 Months Comprehensive ReportMichael Mahoney
Forge Hill Condos Franklin Ma Sold in last 12 Months Comprehensive Report by Keller Williams Realty Realtor Michael Mahoney. More on Forge Hill Condos in Franklin here http://www.realtormikemahoney.com/franklin-massachusetts-real-estate-by-michael-mahoney-a-boston-based-keller-williams-agent-617-615-9435/forge-hill-condos-in-franklin-ma-2492/
Here is the Foxboro Massachusetts Real Estate Report on the condos at Cannon Forge. These are all the condos which have sold in the complex over the last 12 months. You can all properties for sale in the association now @ http://www.realtormikemahoney.com/idx/listings/cannon-forge-condos-foxboro-ma/
INVESTOR ALERT! This wonderfully crafted bungalow offers multiple opportunities for the savvy investor. With its mixed use zoning, you'll have the flexibility to use the space as residential multi-family or convert it to office space for those who want to take advantage of its prime location sitting at the corner of the ever popular Midtown District and Downtown Reno. The main floor, first unit consists of two bedrooms and 1 bathroom, while the downstairs offers 1 bedroom and 1 bathroom. With the upstairs as vacant and the lower tenant on a month to month lease the new owner could quickly adopt the property to their intended use.
The kitchen in the main floor unit is currently incomplete, lacking all appliances, but can easily be finished for anyone using the space for residential purposes, or leave it as-is if your intended use is office space. Laundry in the basement, but not on the main level. The top unit was recently vacated and the bottom unit houses a long-term tenant who is using the space as a "work from home" office.
SOLD | 1640 F St, Sparks | 2 Units | $315k | 6.5% CapTrevor Richardson
Investor Alert! Two single family homes on one lot! This well maintained, centrally located, Sparks investment property features garage parking for tenants with 2 bedrooms and 2 bathrooms in each unit. The classic and charming neighborhood is minutes away from I-80, providing close access to the regional corridor and all the fun and festivities going on year round at Victorian Square. With multiple developments under construction in Victorian Square this opportunity is placed in an area that is increasing in popularity. Don't miss out on this spectacular opportunity!
SOLD | 925,927 Manhattan St, Reno | 9 Units | $650k | 5.5% CapTrevor Richardson
Located near the heart of the Reno/Sparks metro this investment opportunity offers plenty of flexibility for the new owner. Each unit has been individually parceled which allows the owner to use the property as a traditional multifamily or sell units individually.
The current owner has been self managing the property and has maintained the units very well over the years. Each unit features upstair bedrooms and a downstair living and kitchen that includes a ½ bathroom. Bedrooms feature vaulted ceilings and a hookup for laundry machines which are a couple of unique features that separates these units from similar inventory. In addition, each unit comes with on site parking and a fenced backyard. With the robust Reno apartment market there is plenty of opportunity for the next owner to increase rents and secure 1-year leases to maximize the potential of this investment property for years to come.
SOLD | 1400 Como St, Reno | 12 Units | $1.1m | 5.8% CapTrevor Richardson
Located minutes from the heart of Carson City and Sparks High School this 12-unit apartment complex features large 3BR, 2BA, 1,161 SF living spaces. The central location provides tenants easy and quick access to all areas of the city. Each unit features a designated parking space per unit and also comes with an outside storage unit, which is always an added bonus. Each unit has individually metered power and gas, and comes with washer and dryer units. Tenants will enjoy wall mounted A/C units and forced air heating.
Forge Hill Condos Franklin Ma Sold in last 12 Months Comprehensive ReportMichael Mahoney
Forge Hill Condos Franklin Ma Sold in last 12 Months Comprehensive Report by Keller Williams Realty Realtor Michael Mahoney. More on Forge Hill Condos in Franklin here http://www.realtormikemahoney.com/franklin-massachusetts-real-estate-by-michael-mahoney-a-boston-based-keller-williams-agent-617-615-9435/forge-hill-condos-in-franklin-ma-2492/
Here is the Foxboro Massachusetts Real Estate Report on the condos at Cannon Forge. These are all the condos which have sold in the complex over the last 12 months. You can all properties for sale in the association now @ http://www.realtormikemahoney.com/idx/listings/cannon-forge-condos-foxboro-ma/
Stoney Hill Condominiums, Westfield, MA Market Report April 2015Lesley Lambert
Updated real estate market report for Stoney Hill Condominiums at 419 Southwick Road, Westfield, MA 01085 shared by Lesley Lambert, Park Square Realty 413-575-3611
www.westernmahomes.net
Dickson Commercial Group utilizes several key data sources to compile monthly and quarterly multifamily sales and apartment rental data to provide a unique and comprehensive overview of the Reno/Sparks market. For multifamily owners and investors alike, this research provides the critical data necessary to make informed and strategic decision
Cranberry fields forever! Located in the agricultural centre of the province, just west of the town of Berwick, this vibrant agricultural location is a mix of active farming operations and two residential properties. Offering 375 acres with 40 workable acres and 70 treed acres, allowing for several agricultural uses. Cleverly designed with inter-connecting irrigation ponds to service the entire operation, the facility is a combination of buildings joined together over the last 45 years. All farm equipment is included. The main home is a delight, with modern finishes and fantastic views. Also on the property is a care-takers residence. A well established farm with great potential for expansion.
Dickson Commercial Group utilizes several key data sources to compile monthly and quarterly multifamily sales and apartment rental data to provide a unique and comprehensive overview of the Reno/Sparks market. For multifamily owners and investors alike, this research provides the critical data necessary to make informed and strategic decision
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Southwick, MA 01077 Real Estate Market Report February 2014Lesley Lambert
Curious about the real estate market in Southwick, MA 01077? Here is an updated real estate market report shared by Lesley Lambert, Southwick REALTOR with Park Square Realty.
www.westernmahomes.net
Dickson Commercial Group utilizes several key data sources to compile monthly and quarterly multifamily sales and apartment rental data to provide a unique and comprehensive overview of the Reno/Sparks market. For multifamily owners and investors alike, this research provides the critical data necessary to make informed and strategic decisions.
You have a wonderful property, exceptional service and guest relations, but somehow you’re not seeing online bookings. Join RezStream’s VP of Business Development, Josh, as he shows you what’s stopping your guest from booking and how to resolve these issues to see direct bookings in the future.
Located in the urban Wells corridor, the Reno RV Park opportunity presents a unique option for both an investor or developer. Reno’s high demand for all types of housing allows the purchaser of this property to continue RV Park operations or develop the lot into another use like multifamily or office space.
INVESTMENT OPPORTUNITY - Allows an investor to assume operations and implement a strategy to increase efficiency and cash flow.
DEVELOPMENT OPPORTUNITY - Excellent location near Downtown Reno, mixed-use flexible high-density zoning, and a large footprint of 1.8 -2.53* acres makes this a premium infill development site. Multifamily, for example, may be the highest and best use.
Located near Interstate 80, one of the country’s largest transcontinental highways, which is critical to RV access. The urban setting provides services and entertainment for temporary or long-term residents. On-site office and laundry facilities allow the fully enclosed park to operate efficiently.
Dickson Commercial Group utilizes several key data sources to compile monthly and quarterly multifamily sales and apartment rental data to provide a unique and comprehensive overview of the Reno/Sparks market. For multifamily owners and investors alike, this research provides the critical data necessary to make informed and strategic decisions.
Stoney Hill Condominiums, Westfield, MA Market Report April 2015Lesley Lambert
Updated real estate market report for Stoney Hill Condominiums at 419 Southwick Road, Westfield, MA 01085 shared by Lesley Lambert, Park Square Realty 413-575-3611
www.westernmahomes.net
Dickson Commercial Group utilizes several key data sources to compile monthly and quarterly multifamily sales and apartment rental data to provide a unique and comprehensive overview of the Reno/Sparks market. For multifamily owners and investors alike, this research provides the critical data necessary to make informed and strategic decision
Cranberry fields forever! Located in the agricultural centre of the province, just west of the town of Berwick, this vibrant agricultural location is a mix of active farming operations and two residential properties. Offering 375 acres with 40 workable acres and 70 treed acres, allowing for several agricultural uses. Cleverly designed with inter-connecting irrigation ponds to service the entire operation, the facility is a combination of buildings joined together over the last 45 years. All farm equipment is included. The main home is a delight, with modern finishes and fantastic views. Also on the property is a care-takers residence. A well established farm with great potential for expansion.
Dickson Commercial Group utilizes several key data sources to compile monthly and quarterly multifamily sales and apartment rental data to provide a unique and comprehensive overview of the Reno/Sparks market. For multifamily owners and investors alike, this research provides the critical data necessary to make informed and strategic decision
office space toronto, toronto office space, office search toronto, office space in toronto, office rentals toronto, commercial office space, commercial real estate toronto, office rent toronto, toronto offices for lease
Southwick, MA 01077 Real Estate Market Report February 2014Lesley Lambert
Curious about the real estate market in Southwick, MA 01077? Here is an updated real estate market report shared by Lesley Lambert, Southwick REALTOR with Park Square Realty.
www.westernmahomes.net
Dickson Commercial Group utilizes several key data sources to compile monthly and quarterly multifamily sales and apartment rental data to provide a unique and comprehensive overview of the Reno/Sparks market. For multifamily owners and investors alike, this research provides the critical data necessary to make informed and strategic decisions.
You have a wonderful property, exceptional service and guest relations, but somehow you’re not seeing online bookings. Join RezStream’s VP of Business Development, Josh, as he shows you what’s stopping your guest from booking and how to resolve these issues to see direct bookings in the future.
Located in the urban Wells corridor, the Reno RV Park opportunity presents a unique option for both an investor or developer. Reno’s high demand for all types of housing allows the purchaser of this property to continue RV Park operations or develop the lot into another use like multifamily or office space.
INVESTMENT OPPORTUNITY - Allows an investor to assume operations and implement a strategy to increase efficiency and cash flow.
DEVELOPMENT OPPORTUNITY - Excellent location near Downtown Reno, mixed-use flexible high-density zoning, and a large footprint of 1.8 -2.53* acres makes this a premium infill development site. Multifamily, for example, may be the highest and best use.
Located near Interstate 80, one of the country’s largest transcontinental highways, which is critical to RV access. The urban setting provides services and entertainment for temporary or long-term residents. On-site office and laundry facilities allow the fully enclosed park to operate efficiently.
Dickson Commercial Group utilizes several key data sources to compile monthly and quarterly multifamily sales and apartment rental data to provide a unique and comprehensive overview of the Reno/Sparks market. For multifamily owners and investors alike, this research provides the critical data necessary to make informed and strategic decisions.
Austin’s industrial market rental rates rise after nearly a decade of stagnant rates.
Since the first quarter of 2014, citywide rates have been on the rise after years of stagnation. The citywide average quoted industrial rate increased by 4.5% between quarters from $7.99 to $8.35 per SF NNN, and increased 21% on a year-to-year basis from $6.90 per SF NNN.
Though vacancy increased slightly over the quarter from 8.4% to 8.8%, likely due to the high amount of industrial product delivered last year, Austin’s citywide vacancy rate has been steadily decreasing since Q1 2010.
Only one building, totaling 199,865 square feet, delivered in the first quarter and 692,895 square feet are currently under construction. All but one of these buildings is scheduled to deliver in the second quarter of 2015.
According to the Texas Workforce Commission, the Texas economy and employment across all major industry sectors continue to grow. Austin’s unemployment rate fell to 3.4% from 4.6% over the year, lower than both the state and national average.
Austin was the third fastest growing metro area in the nation during the past year with the population expanding by 3% between July 2013 and July 2014, according to the U.S. Census Bureau’s recent data.
Three outstanding development projects for Builders and / or Investors in Bakken. These commercial, industrial and residential projects are superior in many ways and now priced for a bulk sale (by project) for an interested parties.
All of the Epping Ranch project is ready for curb and gutter when the frost clears and homes can be vertical in 60 - 90 days from today (April).
Please call for additional information, pictures and questions. Thanks,
Mary DAcierno (866) 231-4769
Austin's industrial market continues to fire on all cylinders.
Austin’s industrial market continues to progress as rental rates rise yet again in the second quarter. The citywide average quoted rental rate increased by 1.6% between quarters from $8.21 to $8.34 per SF NNN, and increased 18.5% on a year-to-year basis from $7.04 per SF NNN.
Vacancy dropped 140 basis points over the quarter from 10.2% to 8.8%, continuing to gradually decrease after a small increase last quarter.
Three buildings totaling 207,008 SF delivered in the second quarter, two of which are in Hays County, a growing submarket south of Austin.
According to the Texas Workforce Commission, the Texas economy and employment across all major industry sectors continue to grow. Austin’s unemployment rate fell to 3.4% from 4.6% over the year, lower than both the state and national average.
Austin was the third fastest growing metro area in the nation during the past year with the population expanding by 3% between July 2013 and July 2014, according to the U.S. Census Bureau’s recent data. Hays County alone was the fifth fastest growing county in the nation over the past year.
These two multifamily zoned lots are a prime opportunity for the right developer looking to add apartments to a market with very high demand and limited existing inventory. The location of these two adjacent lots are in an established multifamily neighborhood with close access to one of Reno’s main arterial streets, Virginia St. Additionally, the close proximity to the University of Nevada adds even more value due to a shortage in student housing near campus.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...Joseph Lewis Aguirre
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus on Public Safety as Job #1, Engagement, Wealth of HOA, Branding, Communication, Culture, Civic Responsibility
Discover Yeni Eyup Evleri 2, nestled among the rising values of Eyupsultan, offering the epitome of modern living in Istanbul.
With its spacious living areas, contemporary architecture, and meticulous details, Yeni Eyup Evleri 2 is poised to be the star of your happiest moments. Situated in the new favorite district of Eyupsultan, claim your spot and unlock the doors to a peaceful life alongside your loved ones. Nestled next to the historical and natural beauties of Eyupsultan, embrace the comfort of modern living and rediscover life.
Social Amenities:
Yeni Eyup 2 offers a life filled with joy with its green landscaping areas, gym, sauna, children’s play areas, café, outdoor pool, and basketball court. Reserve your place for unforgettable moments!
Reliable Structure:
With 1+1, 2+1, and 3+1 apartment options, Yeni Eyup Evleri 2 is designed with first-class materials and craftsmanship. The doors to a safe and comfortable life are here! Choose the option that suits you best and step into your dream home.
Project:
Yeni Eyup 2 is conveniently located, with Istanbul Airport just 26 minutes away, the Mecidiyeköy Metro Line 4 minutes away, and the Tram Stop 5 minutes away, making your life easier with its central location.
Location:
Your home is positioned in a privileged location, providing easy access to the city center, shopping malls, restaurants, schools, and other important places.
Yeni Eyup 2 offers 1+1, 2+1, and 3+1 apartment options designed to meet different needs. Find an option suitable for every lifestyle and open the doors to a comfortable life in your dream home.
https://listingturkey.com/property/yeni-eyup-evleri-2/
Keep Your Home Naturally Cool and Warm Out Change in Seasons
Vinra Construction is a private limited company registered under the ROC. The management has an experience of over 15 years of understanding the needs and delivering apt solutions to the end users We are providing turnkey solutions in construction fields. like Construction, Interior Designing Facility Management, Plantation Management, etc..
Vinra Construction Tech Enabled Company for Eco-Friendly Home Construction
Contact With Vinra for a Greener Future >>> Call us @ 888 4898 765
Serviced Apartment Ho Chi Minh For RentalGVRenting
GVRenting is the leading rental real estate company in Vietnam. We help you to find a serviced apartment for rent in Ho Chi Minh & Saigon. Discover our broad range of rental properties in Vietnam.
For more details https://gvrenting.com/
Sense Levent Kagithane Catalog - Listing TurkeyListing Turkey
Sense Levent offers a luxurious living experience in the heart of Istanbul’s vibrant Levent district.
This cutting-edge development seamlessly integrates modern design with natural elements, featuring live evergreen plants maintained by an advanced irrigation system, ensuring lush greenery year-round.
The building’s elegant ceramic balconies are both stylish and durable, enhancing the overall aesthetic and functionality. Residents can enjoy the 700m Sky Lounge, which provides breathtaking views of Istanbul and a perfect space to relax and unwind.
Sense Levent promotes a healthy and active lifestyle with a full gym, swimming pool, sauna, and steam room, all available in the building. The interiors are crafted with high-quality materials, ensuring a luxurious and inviting living space.
Designed with young professionals in mind, Sense Levent features 1+1 and 2+1 units with smart floor plans and balconies. The project promises high investment returns, with an expected annual return of 6.5-7%, significantly above Istanbul’s average ROI.
Located in the rapidly growing and highly desirable Levent area, the development benefits from ongoing urban regeneration projects. Its prime location offers proximity to shopping malls, municipal buildings, universities, and public transportation, adding immense value to your investment.
Early investors can take advantage of discounted units during the construction phase, with an expected capital appreciation of +45% USD upon completion. Property Turkey provides comprehensive rental management services, ensuring a seamless and profitable investment experience.
Additionally, robust legal support and significant tax advantages are available through Property Turkey’s licensed Real Estate Investment Fund. Levent is a dynamic urban hub, ideal for young professionals with its numerous corporate headquarters and shopping malls.
Sense Levent is more than just a residence; it’s a place where dreams and opportunities come to life. Contact us today to secure your place in this exclusive development and experience the best of Istanbul living. Sense Levent: Sense the Opportunity. Live the Dream.
https://listingturkey.com/property/sense-levent/
The KA Housing - Catalogue - Listing TurkeyListing Turkey
Welcome to KA Housing, a distinguished real estate development nestled in the heart of Eyüpsultan, one of Istanbul’s most promising districts.
Just 10 minutes from the bustling city center, Eyüpsultan offers a serene escape with the convenience of urban living. The direct metro line ensures seamless connectivity to all parts of Istanbul, making it an ideal location for residents who seek both tranquility and vibrancy.
KA Housing boasts unparalleled accessibility, with proximity to Istanbul Airport only 30 minutes away, facilitating easy international travel. Effortless city access is guaranteed by direct metro and transportation links to Istanbul’s cultural and commercial hubs. Quick access to key metro lines connects you to every corner of the city within minutes, making commuting and exploring the city hassle-free.
The development offers luxurious living spaces with a range of unit layouts from 1+1 to 4+1, designed with meticulous attention to detail. Each unit features balconies or terraces, providing stunning vistas of Istanbul and enhancing the living experience. High-quality materials and superior craftsmanship ensure durability and elegance, while sound-proof insulation and high ceilings (2.95 m) offer comfort and sophistication.
Residents of KA Housing enjoy exclusive on-site amenities, including a state-of-the-art gym, outdoor swimming pool, yoga area, and walking paths. Entertainment options abound with a private cinema, children’s playground, and a variety of dining options including a café and restaurant. Security and convenience are paramount with 24/7 security, a dedicated carpark garage, and an IP intercom system.
KA Housing represents a prime investment opportunity with limited availability in a high-demand area, ensuring enduring value and potential for lucrative returns. Homes in this development provide exceptional value without compromising on quality, offering affordable luxury for discerning buyers. The construction is of the highest quality, built to the latest seismic and disaster resistance standards, ensuring safety and resilience.
The community and surroundings of KA Housing are enriched by close proximity to prestigious universities such as Haliç University, Bilgi University, and Istanbul Ticaret University, making it an ideal location for students and academics. The development is adjacent to the Alibeyköy stream leading into the Halic waters, offering serene natural escapes amidst lush greenery. Residents can enjoy the cultural richness of the area, surrounded by historical and cultural landmarks that blend leisure, nature, and culture seamlessly.
https://listingturkey.com/property/the-ka-housing/
Recent Trends Fueling The Surge in Farmhouse Demand in IndiaFarmland Bazaar
Embarking on the journey to acquire a farmhouse for sale is just the beginning; the real investment lies in crafting an environment that contributes to our mental and physical well-being while satisfying the soul. At Farmlandbazaar.com, India’s leading online marketplace dedicated to farm land, farmhouses, and agricultural lands, we understand the importance of transforming a humble farmland into a warm and inviting sanctuary. Let's explore the fundamental aspects that can elevate your farmhouse into a tranquil haven.
Rams Garden Bahcelievler - Istanbul - ListingTurkeyListing Turkey
Implemented by Rams Global in Bahcelievler, the Rams Garden Bahcelievler Apartments includes 796 residences of different types from 2+1 to 5+1.
Next to the project, which will have 33 thousand square meters of green area, there will be 42 thousand 300 square meters of woodland. There will also be a 210-meter-long pond in the landscape of the project. There are 94.5 square meters of green space per flat.
Rams Garden Bahcelievler Apartments, which has 8 times more green space than the average of Istanbul with its 33 thousand square meters of green area located within a total of 75 thousand square meters, offers various housing options from 2+1 to 5+1.RAMS Garden has brought a lifeline to the construction industry.
Rams Global, which has signed projects in many places from Dubai to Phuket and delivered more than 20 thousand residences, is now starting new projects in Istanbul.
Rams Garden Bahcelievler is located 9 minutes from Metroport AVM, 5 minutes from Marmara Forum AVM, 12 minutes from Kazlıçeşme beach, 9 minutes from Yıldız Technical University, 7 minutes from Istinye University, 9 minutes from Ramada Hotel and Medicana Hospital.
https://listingturkey.com/property/rams-garden-bahcelievler-apartments/
Rixos Tersane Istanbul Residences Brochure_May2024_ENG.pdfListing Turkey
Tersane Suites Residences is a luxurious real estate project located in the heart of Istanbul, next to the beautiful Golden Horn. This unique development offers hotel concept residences with Rixos management, making it the perfect choice for both homeowners and investors.
The Tersane Suites Residences offers a wide range of options, from studio apartments to spacious four-bedroom units, all designed to the highest standard. The suites are finished with high-quality materials and feature modern, open-plan living spaces, fully-equipped kitchens, and large balconies with stunning views of the city and sea.
One of the standout features of Tersane Suites Residences is the Rixos management, which provides a truly exclusive and upscale living experience. Residents will have access to a range of luxury amenities, including a fitness center, spa, and indoor and outdoor swimming pools. Plus, the on-site restaurants and cafes provide a taste of the local and international cuisine.
The Tersane Suites Residences also offers a great opportunity for investors, as it provides a rental guarantee program. This means that investors can enjoy a steady income stream, with the peace of mind that their property is being managed by a reputable and experienced team.
The location of Tersane Suites Residences is also unbeatable, with easy access to the city’s main transportation links and within close proximity to the historic center, making it the perfect base for exploring all that Istanbul has to offer.
Rixos Tersane Istanbul Residences Brochure_May2024_ENG.pdf
New Reno Multifamily Listing For Sale - 8 plex $559,000
1. 6TH STREET 8-PLEX FOR SALE
1555 W. 6TH St, Reno, NV 89503
DicksonCG.com
INVESTMENT SUMMARY
2. 1
Table Of Contents
section 1
section 2
section 3
section 4
section 5
Trevor Richardson, Commercial Agent
Multifamily Specialist
EMAIL trichardson@dicksoncg.com
OFFICE 775.850.3031
CELL 775.233.0754
Natalie Richardson, Realtor
Residential Specialist
EMAIL nrichardson@dicksonrealty.com
OFFICE 775.850.3031
CELL 775.233.0754
OFFERING SUMMARY
FINANCIAL ANALYSIS
PROPERTY PHOTOS
LOCATION
MARKET INFO
6TH STREET 8-PLEX FOR SALE - 1555 W. 6TH ST, RENO, NV 89503
3. 2
Property Description - Offering section 1
OFFERING SUMMARY
Conveniently located 8-plex near the University and downtown Reno. Consisting of four 1 bed, 1 bath units and four
2 bed, one bath units, there's plenty of space both inside and out. Each unit comes with its own assigned parking
space, plus there's plenty of street parking near by. Take the property as-is or invest a little more into each unit to turn
it into an amazing investment opportunity!
PARKING VIEW
● Listing Price $559,000
● Parking and Storage for Each Unit
● Located Near I-80, Downtown Reno,
University of Nevada, Ample Employment
● On-Site Laundry
● Current Rents Under Market Rents
PROPERTY HIGHLIGHTS
● Can be Acquired as Portfolio That
Includes an Adjacent Duplex
● Duplex Listing Price - $189,000
● Currently Managed by Mgt. Company
6TH STREET 8-PLEX FOR SALE - 1555 W. 6TH ST, RENO, NV 89503
4. 3
section 1Offering Summary
6TH STREET 8-PLEX FOR SALE - 1555 W. 6TH ST, RENO, NV 89503
Property Unit Mix
Asking Price $559,000 Unit Type Product Type Building # # Units SF Current Rent Market Rent
$/SF $92 Apartment 2/1 A 1 887 $465 $749
$/UNIT $69,875 Apartment 2/1 A 1 887 $575 $749
Address 1555 W. 6th St Apartment 2/1 A 1 887 $655 $749
City Reno Apartment 2/1 A 1 887 $525 $749
State NV Apartment 1/1 A 1 625 $475 $625
Zip 89503 Apartment 1/1 A 1 625 $590 $625
Property Name 8-Plex On 6th St Apartment 1/1 A 1 625 $575 $625
Property Type Multifamily Apartment 1/1 A 1 625 $475 $625
Zoning MF30
Assessor's Parcel # 006-161-07
# Units 8
# Buildings 2
Rentable SF 6,048
Lot Size (AC) 0.184
Status On Market
5. 4
section 2Financial Analysis - Cash Flow Summary
6TH STREET 8-PLEX FOR SALE - 1555 W. 6TH ST, RENO, NV 89503
Acquisition Assumptions Actual Income & Exp. (See Page
6)
Market Rent Analysis (See Page 6)
Asking Price $559,000 Income $ % /Mo Income $ % /Mo
GRI $52,020 $4,335 GRI $65,952 $5,496
Vacancy (1,560.60) -3% (130) Vacancy (1,978.56) -3% (165)
Other Income $1,380 $115 Other Income $0 $0
Net Income $51,839 $4,320 Net Income $63,973 $5,331
Expenses Expenses
Total (18,032.00) -34.66% (1,503) Total (18,032.00) -27.34% (1,503)
Net Operating Income Net Operating Income
Total $33,807 $2,817 Total $45,941 $3,828
CAP RATE @ ASKING PRICE MARKET RENT CAP RATE @ ASKING PRICE
6.05% 8.22%
6. 5
Financial Analysis - Cash Flow section 2
6TH STREET 8-PLEX FOR SALE - 1555 W. 6TH ST, RENO, NV 89503
Annual Expenses 2015 Unit Mix
Cost % GI Unit Type Product Type Building # # Units SF Current Rent
Taxes $2,418 4.65% Apartment 2/1 A 1 887 $465
Insurance $4,518 8.69% Apartment 2/1 A 1 887 $575
Utilities $7,096 13.64% Apartment 2/1 A 1 887 $655
Maintenance* $4,000 7.69% Apartment 2/1 A 1 $887 $525
Apartment 1/1 A 1 $625 $475
Apartment 1/1 A 1 $625 $590
Apartment 1/1 A 1 $625 $575
Apartment 1/1 A 1 $625 $475
0.00%
0.00%
0.00%
0.00%
Total (18,032.00) -34.66% Gross Rental Income (GRI) $52,020 Other Income
Vacancy 3.0% (1,560.60) Laundry $138
Net Operating Income (NOI) Net Rental Income $51,839 Deposit Forfeit $1,242
$33,807
7. 6
Financial Analysis - Market Rent Analysis section 2
6TH STREET 8-PLEX FOR SALE - 1555 W. 6TH ST, RENO, NV 89503
Annual Expenses Unit Mix
Cost % GI Unit Type Product Type Building # # Units SF Market Rent
Taxes $2,418 3.67% Apartment 2/1 A 1 887 $749
Insurance $4,518 6.85% Apartment 2/1 A 1 887 $749
Utilities $7,096 10.76% Apartment 2/1 A 1 887 $749
Maintenance* $4,000 6.07% Apartment 2/1 A 1 $887 $749
Apartment 1/1 A 1 $625 $625
Apartment 1/1 A 1 $625 $625
Apartment 1/1 A 1 $625 $625
Apartment 1/1 A 1 $625 $625
0.00%
0.00%
0.00%
0.00%
Total (18,032.00) -27.34% Gross Rental Income (GRI) $65,952 Other Income
Vacancy 3.0% (1,978.56) Laundry $0
Net Operating Income (NOI) Net Rental Income $63,973 Deposit Forfeit $0
$45,941
8. 7
APR16 - Reno Apartment Rental Rates*
STUDIO
$1.54
/SF
Mar16
Apr16
Feb16
1 BEDROOM
$1.10
/SF
2 BEDROOM
$1.00
/SF
3 BEDROOM
$0.85
/SF
$1.50
$1.48
$1.05
$1.02
$0.99
$0.98
$0.86
$0.78
The following rental data consists of weighted averages for market rents of 27,050 Reno/Sparks apartments, 5+ unit complexes only.
+2.7% +4.8% +1% -1%
MoM%Change
April 2016 Reno Multifamily Market Report
* Source: Costar, Dickson Commercial Group does not guarantee the accuracy of the data provided
section 2
9. 8
section 3
PARKING VIEW LAUNDRY/STORAGE - BASEMENT
NEIGHBORHOOD VIEWLAUNDRY/STORAGE - BASEMENT
Property Photos - Exterior / Common Area
6TH STREET 8-PLEX FOR SALE - 1555 W. 6TH ST, RENO, NV 89503
10. 1/1 - LIVING 1/1 - KITCHEN
1/1 - BATHROOM1/1 - BEDROOM
Property Photos - Interior section 3
96TH STREET 8-PLEX FOR SALE - 1555 W. 6TH ST, RENO, NV 89503
11. section 4Location - Assessor Map
106TH STREET 8-PLEX FOR SALE - 1555 W. 6TH ST, RENO, NV 89503
12. Location - Regional Map
SOMERSETT GOLF
COMMUNITY
UNIVERSITY OF
NEVADA, RENO
LAKE TAHOE
TAHOE RENO
INDUSTRIAL
CENTER (TRIC)
TESLA MOTORS
GIGAFACTORY
SWITCH SUPERNAP
APPLE DATA
CENTER
DOWNTOWN RENO
RENO TAHOE
INTERNATIONAL
AIRPORT
CALIFORNIA
NEVADA
NW RENO
TRUCKEE, CA
SPARKS
MIDTOWN RENO
WINGFIELD SPRINGSNORTH VALLEYS
SOUTH RENO
INTERSTATE 80
INTERSTATE 580
SE CONNECTOR
(UNDER CONST.)
section 4
SUBJECT
116TH STREET 8-PLEX FOR SALE - 1555 W. 6TH ST, RENO, NV 89503
13. Location - Neighborhood Info Map
ACES BALLPARK
DOWNTOWN RENO
TRUCKEE RIVER
UNIVERSITY OF NEVADA
PROPOSED $1.2 BILLION DEVELOPMENT
KEYSTONE AVE.
SUBJECT
RETAIL/SHOPPING
RETAIL/SHOPPING
section 4
I-80
7THSTREET
126TH STREET 8-PLEX FOR SALE - 1555 W. 6TH ST, RENO, NV 89503
14. Market Info - Reno/Sparks section 5
RENO, NEVADA
The Greater Reno/Sparks area is starting to see and feel the unprecedented growth in the area thanks to many key factors. Near the end of
2014, Tesla Motors named Nevada the official site for the Tesla Gigafactory, a massive factory to produce batteries for it’s electric vehicles.
According to the Governor’s Office of Economic Development, over 22,715 jobs could be created in Northern Nevada thanks to Tesla, as well as
a substantial increase in construction and housing activity. Governor Sandoval, in his State of the State speech in January 2015, stated
“Nevada’s job growth is third strongest in the country, we have cut our unemployment rate in half, and we have the second fastest growing
population in the nation.”
The Economic Development Authority, or EDAWN, is projecting an increase of more than 51,000 primary and secondary jobs from 2015 to 2019
for the region. In 2014, EDAWN assisted 34 companies in moving or expanding into Nevada, which included 13 headquarters. Prior to that, the
record for head-quarters was six. The 34 companies accounted for 4,179 new jobs for the area as well. EDAWN kicked off 2015 with 10
prospects visiting in just January alone. EDAWN credited high profile projects such as the Apple data center, Tesla Motors’ gigafactory and the
Switch SUPERNAP data center for increasing interest in the region from outside companies and expects to see nearly 100 other
announcements before end of 2015.
DOWNTOWN RENO
136TH STREET 8-PLEX FOR SALE - 1555 W. 6TH ST, RENO, NV 89503
15. Market Info - Major Regional Developments
TESLA GIGAFACTORY
Costing $5 billion and projected to employ 6,500 people once up and running, Tesla Motors' Gigafactory at the Tahoe Reno Industrial Center is
considered one of the biggest wins in economic development history. The gigafactory is the linchpin in Tesla's plans for expansion,
manufacturing an estimated 500,000 battery packs for the company's electric cars each year when operational. It will also allow the company
to eventually scale up its Tesla Energy line of storage batteries for homes and businesses. Just as important as its raw numbers, however, is its
impact on Reno's reputation as a place to do business for companies looking to expand. - rgj.com
Tesla’s mission is to accelerate the world’s transition to sustainable transportation. To achieve that goal, we must
produce electric vehicles in sufficient volume to force change in the automobile industry. With a planned
production rate of 500,000 cars per year in the latter half of this decade, Tesla alone will require today’s entire
worldwide production of lithium ion batteries. The Tesla Gigafactory was born of necessity and will supply enough
batteries to support our projected vehicle demand. Tesla broke ground on the Gigafactory in June 2014 outside
Sparks, Nevada, and we expect to begin cell production in 2017. By 2020, the Gigafactory will reach full capacity
and produce more lithium ion batteries annually than were produced worldwide in 2013.
- teslamotors.com/gigafactory
section 5
146TH STREET 8-PLEX FOR SALE - 1555 W. 6TH ST, RENO, NV 89503