Log In/Sign Up
Your email has been sent.
521 Sinclair 8 Unit Apartment Building $2,713,942 CAD ($339,243 CAD/Unit) 4.77% Cap Rate Reno, NV 89502
Investment Highlights
- 5.95% ProForma Cap Rate
- Investor-Friendly Tax Environment
- Fully Renovated
- Outstanding MidTown Location & Nearby Redevelopment
- Strong Rental History
Executive Summary
Marcus & Millichap is proud to present for sale 521 Sinclair Street, an eight-unit multifamily investment property located in the heart of MidTown. The Asset has been well-cared for by the current ownership, having undergone full renovation to match the MidTown vibe. The unit mix consists of 8 one-bed/one-bath units with new LVP flooring, recessed can lights, reclaimed wood accent walls, updated cabinets & countertops, and in-unit washer & dryers. The units feature a either a white or stainless steel kitchen appliance package, wall-unit A/Cs, and gas heater, as well as new bathroom vanities. The asset offers off-street parking, a gated courtyard, and mature landscaping.
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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 | $2,713,942 CAD | Building Class | C |
| Price Per Unit | $339,243 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 3,840 SF |
| Cap Rate | 4.77% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1984/2022 |
| Property Subtype | Apartment | Parking Ratio | 3.13/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | MUSV | ||
| Price | $2,713,942 CAD |
| Price Per Unit | $339,243 CAD |
| Sale Type | Investment |
| Cap Rate | 4.77% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,840 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2022 |
| Parking Ratio | 3.13/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MUSV |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 1
Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 011-193-04 | Total Assessment | $197,616 CAD |
| Land Assessment | $122,401 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $75,214 CAD | Tax Year | 2026 |
Property Taxes
Parcel Number
011-193-04
Land Assessment
$122,401 CAD
Improvements Assessment
$75,214 CAD
Total Assessment
$197,616 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
521 Sinclair
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.