Multifamily
442 11th St
442 11th St, Sparks, NV 89431
Listing Price: $1,500,000
Investment Overview
Marcus & Millichap is excited to introduce 442 11th St, featuring a total of 8 units between two buildings, comprising a balanced mix of 1-bedroom and 2-bedroom units. The property has been meticulously maintained over the years, evident in its consistently high occupancy rates. Whether you're considering a value-added investment strategy or seeking stable cash flow without immediate heavy investment, this property offers both options.
Strategically situated in downtown Sparks, this property enjoys proximity to a plethora of activities and events within walking distance, creating a vibrant atmosphere. Additionally, its central location provides convenient access to major thoroughfares, allowing you to traverse the city in 20 minutes or less.
Investment Highlights
- Prime Location – Within walking distance of Victorian Square, offering a host of year-round activities and events that truly energize the area.
- Varied Unit Configuration – A balanced mix of 1-bedroom and 2-bedroom units, providing versatility.
- Operational Adaptability – This property offers a solid foundation for either a value-added investment approach or maintaining current operations with minimal capital improvements needed.
Exclusively Listed By
Listing Price: $1,500,000
Investment Highlights
- Prime Location – Within walking distance of Victorian Square, offering a host of year-round activities and events that truly energize the area.
- Varied Unit Configuration – A balanced mix of 1-bedroom and 2-bedroom units, providing versatility.
- Operational Adaptability – This property offers a solid foundation for either a value-added investment approach or maintaining current operations with minimal capital improvements needed.
Investment Overview
Marcus & Millichap is excited to introduce 442 11th St, featuring a total of 8 units between two buildings, comprising a balanced mix of 1-bedroom and 2-bedroom units. The property has been meticulously maintained over the years, evident in its consistently high occupancy rates. Whether you're considering a value-added investment strategy or seeking stable cash flow without immediate heavy investment, this property offers both options. Strategically situated in downtown Sparks, this property enjoys proximity to a plethora of activities and events within walking distance, creating a vibrant atmosphere. Additionally, its central location provides convenient access to major thoroughfares, allowing you to traverse the city in 20 minutes or less.