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Old 08-02-2007, 08:27 PM
brucesm36 brucesm36 is offline
Junior Member
 
Join Date: Jul 2007
Posts: 10
Default rental investment opportunity

75 High St Reno, NV 89502

The architecture is motel style
Cross street is 2nd St.

This property is located downtown in an upscaling area.

Attached or also available are:
Pictures
The profit and loss
Rent Rolls for June 2007.
Zoning mixed use downtown regional center
12-111-21 Motelhttp://www.co.washoe.nv.us/assessor/cama/quickinfoform.php~ParcelID=012-111-21&CardNumber=1
map
Online Map Warehouse

All units are studio's with a full bath
All units are small.
The building is on a concrete pad, with brick walls and a flat roof.
All utilities are gross metered.
The roof will need replacing within 5 years.
Seller can carry a lot, or possibly all inclusive trust deed.
Easy to operate,
Manager on site.
Good for absentee landlord.
Low/no maintenance
Off street parking
Rents at pre 2001 levels.
High occupancy

Bruce 510 501 9026

my bank for all your real estate loan needs www.MCA.web-loans.com
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