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Multifamily

595 Mill St

595 Mill St, Reno, NV 89502

Listing Price: $950,000

Cap Rate
5.09%
Number of Units
4
GRM
14.66
Occupancy
95.0%
Price/Unit
$237,500
Price/Gross SF
$502.38
Gross SF
1,891

Investment Overview

Marcus & Millichap proudly presents 595 Mill St for sale, a meticulously maintained 4-unit property that exudes pride of ownership both inside and out. The property has undergone recent updates and necessary maintenance, ensuring its excellent condition. Positioned between Midtown, the Wells District, and downtown Reno, residents enjoy easy access to entertainment options and major thoroughfares. The property's history of robust and consistent rental income has contributed to its enduring success and promises continued stability in the years ahead.

Investment Highlights

  • Prime Location - Situated at the core of Reno, this property offers easy walking access to Midtown, the Wells District, and the diverse array of activities and events in downtown Reno.
  • Meticulously Maintained - 595 Mill St epitomizes pride of ownership and has been impeccably cared for, with no expenses spared.
  • High Tenant Retention - The property's exceptional condition has historically resulted in low vacancy rates, attracting high-quality, long-term tenants.

Exclusively Listed By

Multifamily

595 Mill St

Listing Price: $950,000

Cap Rate
5.09%
Number of Units
4
GRM
14.66
Occupancy
95.0%
Price/Unit
$237,500
Price/Gross SF
$502.38
Gross SF
1,891

Investment Highlights

  • Prime Location - Situated at the core of Reno, this property offers easy walking access to Midtown, the Wells District, and the diverse array of activities and events in downtown Reno.
  • Meticulously Maintained - 595 Mill St epitomizes pride of ownership and has been impeccably cared for, with no expenses spared.
  • High Tenant Retention - The property's exceptional condition has historically resulted in low vacancy rates, attracting high-quality, long-term tenants.

Investment Overview

Marcus & Millichap proudly presents 595 Mill St for sale, a meticulously maintained 4-unit property that exudes pride of ownership both inside and out. The property has undergone recent updates and necessary maintenance, ensuring its excellent condition. Positioned between Midtown, the Wells District, and downtown Reno, residents enjoy easy access to entertainment options and major thoroughfares. The property's history of robust and consistent rental income has contributed to its enduring success and promises continued stability in the years ahead.

Exclusively Listed By

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