207 Hillcrest Dr | Reno, NV 89509
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- LoopNet Team
207 Hillcrest Dr
Reno, NV 89509
Hillcrest Apartments · Build-to-Rent Property For Sale
·
58 Units
INVESTMENT HIGHLIGHTS
- Curb Appeal with improvements for enhanced aesthetics and long-term value
- High Demand Market with strong potential returns
- Prime Location near Virginia Lake, Reno Experience District, and Midtown
- Turnkey Investment
- New Roof installed in 2024
PROPERTY FACTS
| No. Units | 58 | Property Size | 62,754 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1963/2024 |
| Costar Property Class | C | Parking Allocation | 1.35/1,000 sq ft |
| Total Plot Size | 1.45 ac | ||
| Use Class | MF30 | ||
| No. Units | 58 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Costar Property Class | C |
| Total Plot Size | 1.45 ac |
| Property Size | 62,754 sq ft |
| Average Occupancy | 98% |
| No. Floors | 2 |
| Year Built/Renovated | 1963/2024 |
| Parking Allocation | 1.35/1,000 sq ft |
| Use Class | MF30 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Carpet
- Vinyl Flooring
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 24 | £1,213 | 600 |
| 2+1 | 27 | £1,290 | 720 |
| 3+2 | 7 | £1,460 | 1,140 |
PROPERTY TAXES
| Parcel Number | 019-051-11 | Improvements Assessment | £282,418 |
| Land Assessment | £382,289 | Total Assessment | £664,707 |
PROPERTY TAXES
Parcel Number
019-051-11
Land Assessment
£382,289
Improvements Assessment
£282,418
Total Assessment
£664,707
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