Reno Investment Property for Sale - Apple Data Center
Rental demands for apartments will be strongest in the Downtown and Midtown areas if the renter is looking for a downtown urban lifestyle or a variety of duplexes, triplexes, fourplexes, and apartment buildings in these areas as well as many others throughout Reno. This page includes all Reno multifamily property listings for sale. Listings are updated every 15 minutes from the local Reno/Sparks MLS.
Reno offers the most diversity of areas and properties to choose from for both the investor and tenants including that it is the largest city near Panasonic. If you are investing in single family homes for rent, the high demand areas will be different and likely lead you to other areas in Reno such as Somersett, South Meadows, or the Old Southwest areas.
Visit our Apple Data Center Real Estate Guide for general information about the Apple Data Center and homes for sale in nearby cities. Please feel free to call us at 775-473-9531 or complete the form below for more help!
Reno Investment Property Listings
Reno Investment property near the Apple Data Center
Great investment opportunity! Rustic Woods is a 12 unit, 2 bedroom, 1 bath, apartment complex. Each unit has a fenced back yard, one covered parking spot, and individual storage spaces. The complex is split onto two separate parcels but being sold as one unit. 9 of 12 units have been upgraded to include granite counter tops, vinyl laminate flooring, and central air conditioning units. Remaining granite and A/C units will transfer with sale. Six of the nine remodeled units are currently below market rents.
The Stardust Apartments is a unique opportunity to acquire 8 newly renovated units performing at a 5.9% on actuals. This thriving apartment market has an increasing demand for urban style inventory that suits young professionals eager to live, work, and play near an exciting and evolving downtown . Within a minute access to Interstate 80, the complex has great accessibility to all areas of the market including a 25 minute drive to Tesla’s Gigafactory.
Here are the particulars on the 2 parcels in MidTown. First both parcels are zoned CC/Community Commercial, these properties could be converted to a commercial use as many in the area have been. All 5 structures have completely new roofs, along with 135 E Arroyo which was also remodeled, new fencing, new wood flooring in units, granite counters in 131, Most all units have new appliances, along with many other upgrades and alley access. These properties are located in "THE OPPORTUNITY ZONE"
The Community of Bliss is a Hidden Gem, 12 Units On One Acre Just West Of Downtown Reno, Close To The Truckee River. Zoned Mixed Use the potential to grow and evolve is immense! Bliss started life as a swanky motel in 1950’s Reno. It’s currently being used as long term housing.
Investor? Need a 1031 Exchange that was actually built this century? Or what about living in the best and renting the rest? These three upscale townhomes with individual parcel numbers and NO HOA, offer any buyer the ultimate in flexibility. Each unit is 1541 sq. ft., 3bed/2bath/2garage on a knoll above the Truckee River floodplain in the heart of midtown with fantastic views (including GSR fireworks from your slate balcony!) and private, fenced back yards with patios. It's truly one of a kind.
Great income opportunity! This complex is ideally located close to shopping and university. 2 Story 5,160 Sq. Ft. Apartment building has 7 units. 6 one bedroom, one bath and 1 2 bedroom unit with 2 baths, common laundry area, partially landscaped with shrubs and mature trees.
Brick 6-Plex in old south east Reno. All 2 bedrooms and 1 bath, all but one has been remodeled in some form or fashion, all separate gas and electric meters. Basement with extra tenant storage and laundry. Plenty of owner storage. Solid investment with plenty of upside, rents are low averaging $800. Please don't bother tenants. Owner/Broker. No inspections until offer has been accepted.
Midtown 6 unit Multi-plex near Wells Avenue. Walking distance to restaurants, shopping and antique stores. Brick house with four, one bedroom units and 2-story Duplex with two, two bedroom units off alley with off street parking. Units have been well maintained and seller continues to upgrade. Unfinished basement not included in square footage - could be used for laundry room and storage area. Storage shed, all appliances included, Newer roof on both buildings. Coin laundry and Bike Storage in Basement.
Do not go on property, view property from Gardner and Keystone alley only as not to alarm tenants. Interior and property access only after accepted offer. Prepare offers subject to inspection. This property consists of a building built in 1971 that is 3 stories.
Calling all investors and Developers… Here are four properties adjacent to each other, Commercial, two Multi Families, and a residential property. All within a stones throw of the huge Park Lane Development… that will feature parks, grocery store, 1600 homes a movie theater and farmers markets. Seller would like to sell all 4 properties together… the 799k price reflects all four properties. If you have questions please contact the listing agents.
Calling all investors and Developers… Here are four properties adjacent to each other, Commercial, two Multi Families, and a residential property. All within a stones throw of the huge Park Lane Development… that will feature parks, grocery store, 1600 homes a movie theater and farmers markets. Seller would like to sell all 4 properties together… the 799k price reflects all four properties. If you have questions please contact the listing agents.
Charming tri-plex in the heart of mid-town Front building is the original house on the lot built in 1930. The home features 2 large bedrooms and 1 full bath as well gorgeous wood floors. \Laundry area in in the rear of the home.The duplex behind the home was built in 1995 with the top and bottom units being identical in layout, featuring 2 bedrooms and 2 baths. The master bedroom in each unit has has a walk-in closet and each unit has own washer/dryer in kitchen.
UNIQUE INVESTMENT OPPORTUNITY!! Existing turn-key triplex with excess buildable land in EXTREMELY CLOSE PROXIMITY TO UNR. Existing triplex "valued" at $400K based on a 6.26% CAP rate at actual income and expenses. Excess buildable land "valued" at $349k based on recent sold land comps. of $70 per sq.ft. in the immediate area (comps. support $60-$80 per sq.ft.). Total lot size is 10,837 sq.ft. with approx. 5000 sq.ft. being buildable. Zero lot line w/ 10 foot set back to build. **Buyer to verify all info
Great Opportunity! Three homes on one parcel. Close to UNR.Two of the homes have a basement. All three homes have a garage. Great tenants, low maintenance. 905 Washington St., 905 1/2 Washington St. and 915 Washington St.
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 December 14th, 2019 at 10:11am PST.
775-473-9531
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.