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690 FIELD ST
Sparks, NV 89431

$989,000 
  • -- Beds
  • -- Baths
  • 8,460 sqft
  • Residential Income | Apartment Complex
  • Active
690 FIELD ST, Sparks - 33380002
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Property Description for 690 FIELD ST, Sparks NV 89431

Great Investment! 100% leased and freshly painted 10 unit complex! Current 6.1% cap rate with an estimated 7.5% cap rate potential. Property consists of 8- 2 bedroom 1 bath units and 2- 1 bedroom 1 bath units. The 5 upstairs units all have private balconies with good views, the 5 downstairs units all have private patios, each unit has different upgrades depending on length of tenancy and also has a dishwasher making our units highly desirable.

  • Property Class: Multi-Family
  • Listing Status: Active
  • City: Sparks
  • State: NV
  • Zip: 89431
  • Area: 180 -Sparks
  • County: Washoe
  • Class: Residential Income
  • Property Subtype: Apartment Complex
  • Approx Lot Size: 0.340
  • Stories: 2
  • Baths (F/H): -- / --
  • Living Area (SqFt): 8,460 sqft
  • Lot Sq Ft Apx: 14810
  • Year Built: 1987
  • Listing#: 170010514
  • List Date: 7/20/2017
  • Last updated on: 9/22/2017

Property Features for 690 FIELD ST, Sparks NV 89431

  • ACCESS TYPE: Public
  • FACILITY FEATURES: Separated Meters-Gas, Separate Meters-Electric, Separate Heating/Cooling, Landlord Pays Utilities, Tenant Pays Utilities
  • FLOORING: Ceramic Tile, Carpet, Wood
  • LANDSCAPED: Fully Landscaped, Yes-Full
  • PARKING TYPES: Designated Parking
  • UTILITIES: City/County Water, City Sewer, Electricity, Natural Gas, Telephone
  • WINDOWS: Double Pane, Metal Frame
  • APPLIANCES: Refrigerator, Oven/Range, Disposal, Dishwasher
  • EXTERIOR: Wood Siding
  • FOUNDATION: Concrete/Crawl Space, Wood
  • HEATING/COOLING: Natural Gas, Forced Air
  • ROOF: Composition/Shingle, Pitched
  • UNIT FEATURES: Balcony, Blinds/Shades, Patio/Deck, Smoke Detector
  • COMMON FEATURES: Bbq/Picnic Area
  • FENCED: Back, Full
  • GREEN FEATURES: None
  • LAUNDRY: Common
  • SPRINKLERS: None
  • WATER HEATER: Electric

Additional Information for 690 FIELD ST, Sparks NV 89431

  • Annual Income/Expenses: Actual
  • APOD Available: Yes
  • Construction: Wood Frame
  • Down Payment Assistance: No
  • Num of Buildings: 2
  • Num of Units: 10
  • Price Per SQFT: $117
  • Special Condition of Sale: None
  • 1 Bedroom - Avg Rent/Unit: 625
  • 1 Bedroom - Num of Baths: 1
  • 1 Bedroom - Num of Units: 2
  • 1 Bedroom - SqFt/Unit: 600
  • 2 Bedroom - Avg Rent/Unit: 750
  • 2 Bedroom - Num of Baths: 1
  • 2 Bedroom - Num of Units: 8
  • 2 Bedroom - SqFt/Unit: 900
  • Stories: 2 Story
Courtesy of Amber McDade, Realty Boulevard
Copyright 2017, Northern Nevada Regional MLS. All Rights Reserved.
Information deemed reliable, but not guaranteed. Based on information from the Northern Nevada Regional MLS.