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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 $93,332 $15.61
Other Income - -
Vacancy Loss - -
Effective Gross Income $93,332 $15.61
Taxes $4,260 $0.71
Operating Expenses $31,270 $5.23
Total Expenses $35,530 $5.94
Net Operating Income $57,802 $9.67

Financial Summary (Actual - 2020)

Gross Rental Income (CAD)
Annual $93,332
Annual Per SF $15.61
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $93,332
Annual Per SF $15.61
Taxes (CAD)
Annual $4,260
Annual Per SF $0.71
Operating Expenses (CAD)
Annual $31,270
Annual Per SF $5.23
Total Expenses (CAD)
Annual $35,530
Annual Per SF $5.94
Net Operating Income (CAD)
Annual $57,802
Annual Per SF $9.67

Property Facts

Price $1,598,810 CAD
Price Per Unit $266,468 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 - -
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
001-024-18
Land Assessment
$30,923 CAD (2025)
Improvements Assessment
$165,564 CAD (2025)
Total Assessment
$196,486 CAD (2025)
Annual Taxes
$4,260 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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