Parkview 4 at 1120 Parkview Street presents an opportunity to acquire a 4-unit multi-family investment property located in Reno, NV, with great access to bus lines, Interstate 80, shopping, and employers. These two bedroom, one bathroom units each have in unit washer and dryers, large kitchens, newer cabinets, granite countertops and backsplash, tile flooring, on-site parking, and approximately 840 +_sq ft of living space. The building has new exterior paint just completed in June 2022. The property is priced below recent area comparable sales. Multifamily property owners continue to see rising rental rents from the shrinking supply and increased demand, and incoming major employers. Investors buying in Nevada benefit from competitive cap rates, rising rental rates, landlord-friendly laws, and benefit from Nevadas lack of a state income tax.
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