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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 $92,474 $15.46
Other Income - -
Vacancy Loss - -
Effective Gross Income $92,474 $15.46
Taxes $4,221 $0.71
Operating Expenses $30,983 $5.18
Total Expenses $35,203 $5.89
Net Operating Income $57,271 $9.58

Financial Summary (Actual - 2020)

Gross Rental Income (CAD)
Annual $92,474
Annual Per SF $15.46
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $92,474
Annual Per SF $15.46
Taxes (CAD)
Annual $4,221
Annual Per SF $0.71
Operating Expenses (CAD)
Annual $30,983
Annual Per SF $5.18
Total Expenses (CAD)
Annual $35,203
Annual Per SF $5.89
Net Operating Income (CAD)
Annual $57,271
Annual Per SF $9.58

Property Facts

Price $1,584,125 CAD
Price Per Unit $264,021 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
$30,856 CAD (2025)
Improvements Assessment
$165,208 CAD (2025)
Total Assessment
$196,064 CAD (2025)
Annual Taxes
$4,221 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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