Fernley Multifamily Property for Sale - Near Apple Data Center
Fernley is located a short 20 - 25 minute drive from the Apple Data Center site, the city is a convenient choice with much lower prices than Reno/Sparks. Fernley is a great location for Apple employees or contracts to seek a home or apartment for rent. At the same time, investors should evaluate Reno and Sparks multifamily property prices, rental rates, and rent demands. This page includes all Fernley multifamily property listings for sale and is updated every 15 minutes from the local MLS.
Great investment opportunity with this Fernley apartment complex. Featuring 3 buildings on one parcel, with 10 units. There are 8, 2 bed 1 bath units, 1 studio unit and 1 3 bed 2.5 bath unit. There is opportunity to permit a 11th unit, or rent out a commercial office space. Property includes 12+ parking spaces for tenants. Walking distance to Main Street in Fernley. 5 of the 10 units have been remodeled within the past 2 years. New exterior paint 14 months ago. Currently rented at a 5.6% cap.
Very sought after 4 plex in Fernley. Located about 14 miles from the Reno Tahoe Industrial Center. The worlds largest industrial park. These units do not remain available very long at all. Each unit has a one car garage, with a fenced in back yard. Rents can be increased to about $1100 if they are not yet. Current Rents are as followed $1000, $1100, $1200 of which are all in a lease. The 4th unit is month to month at $895.00
4 plex features two 2 bedroom 1.5 bath units, and two 3 bedroom 2.5 bath units. All units have a single car garage and driveway that will accommodate 1 car. All units are currently occupied. Drive by only, do not disturb tenants.
The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than CalNeva Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Listing information last updated on April 9th, 2020 at 1:41pm PDT.