453 Poplar St., Reno, NV$730,000
Cindy Hoonhout
Phone: (775) 689-8228
Cell: (775) 412-1757

Listing Provided By:
Christopher McCain  of  DL Realty
SQ Feet:2,280
Golf Course:
Property View:
Water Front:

UNIQUE INVESTMENT OPPORTUNITY!! Existing turn-key triplex with excess buildable land in EXTREMELY CLOSE PROXIMITY TO UNR. Existing triplex "valued" at $400K based on a 6.26% CAP rate at actual income and expenses. Excess buildable land "valued" at $349k based on recent sold land comps. of $70 per sq.ft. in the immediate area (comps. support $60-$80 per sq.ft.). Total lot size is 10,837 sq.ft. with approx. 5000 sq.ft. being buildable. Zero lot line w/ 10 foot set back to build. **Buyer to verify all info

Updated: 06/03/2020
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