Log In/Sign Up
Your email has been sent.
350 Wonder St 7 Unit Apartment Building $3,608,555 CAD ($515,508 CAD/Unit) 4.44% Cap Rate Reno, NV 89502
Investment Highlights
- Desirable Mid Town Location
- Remodeled in 2021
- Low Vacancy and Long Term tenants paying market rent
Executive Summary
This exceptional multi-unit property is located in the heart of vibrant Midtown Reno, a sought-after neighborhood known for its eclectic charm, walkability, and thriving community atmosphere. Perfectly suited for investors or owner-occupiers, this property offers both comfort and convenience.
Property can be sold with two other multi-unit buildings located in Mid-Town area:
512 Crampton St. Reno - $1.5M (6 units)
929 Wheeler Ave. Reno - $1.2M (5 units)
Property can be sold with two other multi-unit buildings located in Mid-Town area:
512 Crampton St. Reno - $1.5M (6 units)
929 Wheeler Ave. Reno - $1.2M (5 units)
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| 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 | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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 | $3,608,555 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $515,508 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.31 AC |
| Cap Rate | 4.44% | Building Size | 6,300 SF |
| Gross Rent Multiplier | 24.89 | Average Occupancy | 95% |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1968/2021 |
| Property Subtype | Apartment | Parking Ratio | 2.08/1,000 SF |
| Zoning | MF14 - MULTIPLE FAMILY RESIDENTIAL | ||
| Price | $3,608,555 CAD |
| Price Per Unit | $515,508 CAD |
| Sale Type | Investment |
| Cap Rate | 4.44% |
| Gross Rent Multiplier | 24.89 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 6,300 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built/Renovated | 1968/2021 |
| Parking Ratio | 2.08/1,000 SF |
| Zoning | MF14 - MULTIPLE FAMILY RESIDENTIAL |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 7 | $2,225 CAD | 900 |
1 1
Very walkable
80/100
Moderately drivable
60/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 013-233-04 | Improvements Assessment | $94,097 CAD (2026) |
| Land Assessment | $122,474 CAD (2026) | Total Assessment | $216,571 CAD (2026) |
Property Taxes
Parcel Number
013-233-04
Land Assessment
$122,474 CAD (2026)
Improvements Assessment
$94,097 CAD (2026)
Total Assessment
$216,571 CAD (2026)
1 of 27
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
350 Wonder St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.