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Student Housing Duplex 1449 Hillside Dr 2 Unit Apartment Building $1,179,551 CAD ($589,776 CAD/Unit) Reno, NV 89503
INVESTMENT HIGHLIGHTS
- Located within the University Submarket in Reno, NV
- In-Unit Washer and Dryer
- Large Fenced Yard
- $312 Per SqFt
- Remodeled Units
EXECUTIVE SUMMARY
1449 Hillside Drive is an exceptional duplex located within the University Submarket in Reno, NV. This location provides direct access to The University of Nevada, Reno and all the local campus attractions offering great walkability and strong tenant demand. The units are a large ±1,677 sq ft 3 bed 2 bath unit and a ±1,119 sq ft 2 bed 1 bath unit. Both units have been meticulously renovated, each with in-unit washer/dryer and a large fenced backyard.
FINANCIAL SUMMARY (ACTUAL - 2024) 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 |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) 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 | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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 | $1,179,551 CAD | Lot Size | 0.16 AC |
| Price Per Unit | $589,776 CAD | Building Size | 2,796 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1977/2022 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | MF14 - Multifamily 14 units/acre | ||
| Price | $1,179,551 CAD |
| Price Per Unit | $589,776 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.16 AC |
| Building Size | 2,796 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1977/2022 |
| Opportunity Zone |
Yes |
| Zoning | MF14 - Multifamily 14 units/acre |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Kitchen
- Wi-Fi
- Yard
- Vinyl Flooring
SITE AMENITIES
- Laundry Facilities
- Wi-Fi
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | - | 932 |
| 3+2 | 1 | - | 1,864 |
1 1
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 007-017-03 | Improvements Assessment | $57,744 CAD (2025) |
| Land Assessment | $83,064 CAD (2025) | Total Assessment | $140,808 CAD (2025) |
PROPERTY TAXES
Parcel Number
007-017-03
Land Assessment
$83,064 CAD (2025)
Improvements Assessment
$57,744 CAD (2025)
Total Assessment
$140,808 CAD (2025)
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Student Housing Duplex | 1449 Hillside Dr
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