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415-427 N Taylor St 6 Unit Apartment Building $1,605,308 CAD ($267,551 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 $93,711 $15.67
Other Income - -
Vacancy Loss - -
Effective Gross Income $93,711 $15.67
Taxes $4,277 $0.72
Operating Expenses $31,397 $5.25
Total Expenses $35,674 $5.97
Net Operating Income $58,037 $9.71

FINANCIAL SUMMARY (ACTUAL - 2020)

Gross Rental Income (CAD)
Annual $93,711
Annual Per SF $15.67
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $93,711
Annual Per SF $15.67
Taxes (CAD)
Annual $4,277
Annual Per SF $0.72
Operating Expenses (CAD)
Annual $31,397
Annual Per SF $5.25
Total Expenses (CAD)
Annual $35,674
Annual Per SF $5.97
Net Operating Income (CAD)
Annual $58,037
Annual Per SF $9.71

PROPERTY FACTS

Price $1,605,308 CAD
Price Per Unit $267,551 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
$31,586 CAD (2025)
Improvements Assessment
$169,119 CAD (2025)
Total Assessment
$200,705 CAD (2025)
Annual Taxes
$4,277 CAD ($0.72 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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