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901 VIRBEL LN
Reno, NV 89502

$825,000 
  • -- Beds
  • -- Baths
  • 4,320 sqft
  • Residential Income | Apartment Building (up to 8 Unit
  • Active
901 VIRBEL LN, Reno - 42873557
901 VIRBEL LN, Reno - 42873558
901 VIRBEL LN, Reno - 42873559
901 VIRBEL LN, Reno - 42873560
901 VIRBEL LN, Reno - 42873561
901 VIRBEL LN, Reno - 42873562
901 VIRBEL LN, Reno - 42873563
901 VIRBEL LN, Reno - 42873564
901 VIRBEL LN, Reno - 42873565
901 VIRBEL LN, Reno - 42873566
901 VIRBEL LN, Reno - 42873567
901 VIRBEL LN, Reno - 42873568
901 VIRBEL LN, Reno - 42873569
901 VIRBEL LN, Reno - 42873570
901 VIRBEL LN, Reno - 42873571

Property Description for 901 VIRBEL LN, Reno NV 89502

This turnkey 7.1% CAP rate updated apartment complex consists of 1 building and a total of 6 units. Five of the six units have been updated since 2017. The updates include: new flooring (vinyl plank, tile and carpet), upgraded bathrooms, upgraded appliances, exterior paint, and a newly paved parking lot. Located close to shops, schools, parks, restaurants and US Hwy-395.

  • Property Class: Multi-Family
  • Listing Status: Active
  • City: Reno
  • State: NV
  • Zip: 89502
  • Area: 140 -Reno-Southeast
  • County: Washoe
  • Class: Residential Income
  • Property Subtype: Apartment Building (up to 8 Unit
  • Approx Lot Size: 0.200
  • Stories: 2
  • Baths (F/H): -- / --
  • Living Area (SqFt): 4,320 sqft
  • Lot Sq Ft Apx: 8712
  • Year Built: 1978
  • Listing#: 180003496
  • List Date: 3/20/2018
  • Last updated on: 5/22/2018

Property Features for 901 VIRBEL LN, Reno NV 89502

  • ACCESS TYPE: Public
  • FACILITY FEATURES: Separated Meters-Gas, Separate Meters-Electric, Separate Water Heaters, Separate Heating/Cooling, Landlord Pays Utilities, Tenant Pays Utilities
  • FLOORING: Ceramic Tile, Carpet, Sheet Vinyl, Vinyl Tile
  • LANDSCAPED: Partially Landscaped, Yes-Full
  • PARKING TYPES: Common
  • UTILITIES: City/County Water, City Sewer, Electricity, Natural Gas, Water Meter Installed
  • WINDOWS: Double Pane, Vinyl Frame
  • APPLIANCES: Refrigerator, Oven/Range
  • EXTERIOR: Stucco
  • FOUNDATION: Concrete/Crawl Space
  • HEATING/COOLING: Air Unit, Natural Gas, Forced Air
  • ROOF: Composition/Shingle, Pitched
  • UNIT FEATURES: Smoke Detector
  • COMMON FEATURES: None
  • FENCED: Back, Partial
  • GREEN FEATURES: None
  • LAUNDRY: None
  • SPRINKLERS: None
  • WATER HEATER: Electric

Additional Information for 901 VIRBEL LN, Reno NV 89502

  • Annual Income/Expenses: Pro Forma
  • Annual Vacancy: 1404.00
  • APOD Available: Yes
  • Construction: Wood Frame
  • Down Payment Assistance: No
  • Num of Buildings: 1
  • Num of Units: 6
  • Price Per SQFT: $191
  • Special Condition of Sale: None
  • 2 Bedroom - Avg Rent/Unit: 975
  • 2 Bedroom - Num of Baths: 6
  • 2 Bedroom - Num of Units: 6
  • 2 Bedroom - SqFt/Unit: 720
  • Stories: 2 Story
Courtesy of Corey Carter, RE/MAX Professionals-Reno
Copyright 2018, Northern Nevada Regional MLS. All Rights Reserved.
Information deemed reliable, but not guaranteed. Based on information from the Northern Nevada Regional MLS.