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Investment Highlights

  • 4% Owner Financing Available
  • Recent Renovation
  • Popular All 2 Bed Unit Mix
  • On-Site Laundry Facility
  • Upside in the rents
  • On-Site Parking

Executive Summary

The Taylor Decos consists of 6 total units, on a large lot, bordering both the Renown Medical and Grove rental submarkets in Reno, NV. This asset offers a popular unit mix of 6 two bedroom one bathroom, 793 +_ sq ft units. The asset has received many recent renovations adding modern finishes which include LVP flooring, upgraded fixtures, new countertops, stainless steel appliances, tile shower and tub surrounds, modern lighting and much more. The property has onsite laundry but there is upside to adding in unit laundry and increasing rents. Owner financing available!!! The owner is willing to carry a new 1st deed of trust at 4% interest with 40% down with a full balloon in 3 to 5 years on approved credit of Buyer. The location provides great access to restaurants, retail shops, Renown Medical Center, major bus lines, and community events all just steps from their front door.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,378,206 CAD
Price Per Unit $396,368 CAD
Sale Type Investment
Cap Rate 4.70%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 4,760 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1962/2020
Parking Ratio 2.1/1,000 SF
Zoning MF14 - Multifamily

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Double Pane Windows

Site Amenities

  • Picnic Area
  • Grill

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 $2,034 CAD 800
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
013-141-17
Land Assessment
$115,335 CAD
Improvements Assessment
$65,623 CAD
Total Assessment
$180,956 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 40129185

  • Date on Market: 2026-04-13

  • Last Updated:

  • Address: 1101 E Taylor St, Reno, NV 89502

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