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415-427 N Taylor St 6 Unit Apartment Building $1,598,488 CAD ($266,415 CAD/Unit) 4.33% Cap Rate Fallon, NV 89406

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EXECUTIVE SUMMARY

Great investment. Zero vacancy rate. New roof in 2016. Will entertain all offers. Make your best.

FINANCIAL SUMMARY (ACTUAL - 2020)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $93,313 $15.60
Other Income - -
Vacancy Loss - -
Effective Gross Income $93,313 $15.60
Taxes $4,259 $0.71
Operating Expenses $31,264 $5.23
Total Expenses $35,523 $5.94
Net Operating Income $57,790 $9.66

FINANCIAL SUMMARY (ACTUAL - 2020)

Gross Rental Income (CAD)
Annual $93,313
Annual Per SF $15.60
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $93,313
Annual Per SF $15.60
Taxes (CAD)
Annual $4,259
Annual Per SF $0.71
Operating Expenses (CAD)
Annual $31,264
Annual Per SF $5.23
Total Expenses (CAD)
Annual $35,523
Annual Per SF $5.94
Net Operating Income (CAD)
Annual $57,790
Annual Per SF $9.66

PROPERTY FACTS

Price $1,598,488 CAD
Price Per Unit $266,415 CAD
Sale Type Investment
Cap Rate 4.33%
Sale Condition 1031 Exchange
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.33 AC
Building Size 5,980 SF
Average Occupancy 100%
No. Stories 2
Year Built 1987
Parking Ratio 0.33/1,000 SF
Zoning RC

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 2 - -
3+2 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
001-024-18
Land Assessment
$30,631 CAD (2025)
Improvements Assessment
$164,005 CAD (2025)
Total Assessment
$194,636 CAD (2025)
Annual Taxes
$4,259 CAD ($0.71 CAD/SF)
Tax Year
2020
  • Listing ID: 22514813

  • Date on Market: 2021-03-19

  • Last Updated:

  • Address: 415-427 N Taylor St, Fallon, NV 89406

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